Vulcan Materials Company Closes Sale of
Chemicals Business to Occidental
Tuesday June 7, 12:38 pm ET
BIRMINGHAM, Ala.--(BUSINESS WIRE)--June 7, 2005--Vulcan Materials Company announced today that it has closed the previously announced sale of the Company's chemicals business, known as Vulcan Chemicals, to Occidental Chemical Corporation through its subsidiary Basic Chemical Company, LLC. The assets of Vulcan Chemicals consist of chloralkali plants in Wichita, Kansas; Geismar, Louisiana; and Port Edwards, Wisconsin. The sale also includes the assets of Vulcan Chemicals' joint venture located in Geismar.
Vulcan Materials Company, a member of the S&P 500 index, is the nation's foremost producer of construction aggregates and a major producer of other construction materials. For additional information about Vulcan, see vulcanmaterials.com.
Vulcan Materials Company
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