WL Plastics Purchases PE Pipes Manufacturer Charter Plastics
WL Plastics announces its purchase of substantially all of the assets of Charter Plastics effective December 31, 2021. Charter Plastics established its current operations in Titusville, Pennsylvania in 1987. Since that time, Charter became a leader in the North American polyethylene pipe market by aligning itself with industry organizations such as PPI, ASTM, AWWA, AGA, and the PE Alliance, focusing on employee and customer safety, providing dedicated customer service, and offering quality products that exceed industry standards.
Mark Wason, CEO or WL Plastics said, “We are thrilled to bring such an established and well-positioned asset kit into the broader manufacturing base of WL Plastics. We look forward to working closely with customers previously served by Charter Plastics, as well as the employees of Charter Plastics that will continue on with our organization as we integrate this site into the larger INEOS and WL Plastics brand. The WL Plastics Titusville location not only expands our geographical footprint, but also diversifies our product offerings. We are excited to be part of the Titusville community.”
WL Plastics is the well-known manufacturer of polyethylene pipe in North America offering both High Density Polyethylene (HDPE) and Medium Density Polyethylene (MDPE) pipe solutions. Founded in early 2000, WL Plastics rapidly expanded through acquisitions and new greenfield plants. In 2016, WL Plastics was acquired by INEOS, a global chemical company.