WL Plastics Acquires Charter Plastics HDPE Pipe Business

WL Plastics has acquired the HDPE extrusion pipe business of Charter Plastics, a move that further diversifies its product offerings and expands its geographical footprint. A leading North American manufacturer of HDPE pipe for the energy, industrial, mining, conduit, and municipal water and sewer markets, WL Plastics has been a wholly-owned subsidiary of Ineos Olefins & Polymers, the third largest North American HDPE and PP supplier, since its 2016 acquisition. Headquartered in Fort Worth, Tex., it has production facilities in Georgia, Kentucky, South Dakota, Utah, Texas, and Wyoming.

Charter Plastics established its current operations in Titusville, Pennsylvania in 1987. Since that time, Charter became a leader in the North American PE 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 reportedly exceeds industry standards. The Titusville site and associated assets have the capability of producing a broad range of HDPE pipe for numerous end-uses including potable water, reclaimed water, sewer, geothermal, gas, irrigation, and industrial applications.

Said WL Plastics CEO Mark Wason, “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 Ineo and WL Plastics brand.”