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ALTIVIA ACQUIRES AXIALL’S SPECIALTY PHOSGENE DERIVATIVES BUSINESS

(Houston)--ALTIVIA today announced that it has signed a definitive agreement to acquire the Specialty Phosgene Derivatives business’ assets from Axiall Corporation (NYSE: AXLL). The transaction includes Axiall’s chemical production facilities located in La Porte, Texas. As part of the acquisition, ALTIVIA will hire the 120 employees who operate the facility.

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