OxyChem
OxyChem is a top-three U.S. commodity chemicals manufacturer producing PVC, chlor-alkali products, calcium chloride, and chlorinated organic chemicals for construction, packaging, deicing, and industrial customers across North America and Latin America. Acquired by Berkshire Hathaway for $9.7 billion in January 2026.
- Company typePrivate
- Founded1965
- HeadquartersHouston, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What OxyChem does
OxyChem (legal name Occidental Chemical Corporation) is a large-scale U.S. commodity chemicals manufacturer founded in 1965 and headquartered in Dallas, Texas. The company produces four core product lines: polyvinyl chloride (PVC), chlor-alkali products (including sodium hydroxide/caustic soda), calcium chloride, and chlorinated organic chemicals. It is ranked among the top-three U.S. manufacturers in PVC, chlor-alkali, and calcium chloride, with operations spanning the United States, Canada, and Latin America. End markets include construction, packaging, consumer goods, deicing, and general industrial applications served on a horizontal basis.
The business operates as a capital-intensive, volume-driven industrial chemicals producer. Its economic model rests on scale economies in chlor-alkali electrolysis and PVC polymerization, with no publicly disclosed pricing model; the company sells into commodity industrial channels. Top-three U.S. market share across multiple product categories reflects substantial scale advantages. No technology platform, software product, or digital offering is part of the company's offering.
On January 2, 2026, Berkshire Hathaway completed its acquisition of OxyChem from Occidental Petroleum for $9.7 billion in cash, valuing the business at approximately 8x expected 2025 EBITDA. The deal was Occidental's largest divestiture as part of a debt-reduction program following its Anadarko Petroleum (2019) and CrownRock (2024) acquisitions. Existing operational management under President and CEO Wade Alleman was retained, and the business is now operated as a wholly-owned subsidiary of Berkshire Hathaway.
OxyChem firmographics
Firmographics- Name
- OxyChem
- Legal name
- Occidental Chemical Corporation
- Website
- https://oxy.com
- Company type
- Private
- Founded year
- 1965
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- OxyChem is a top-three U.S. commodity chemicals manufacturer producing PVC, chlor-alkali products, calcium chloride, and chlorinated organic chemicals for construction, packaging, deicing, and industrial customers across North America and Latin America. Acquired by Berkshire Hathaway for $9.7 billion in January 2026.
- Ownership category
- akta.pro rank
OxyChem industry classification
Industry- Product category
- Industrial Chemicals
- NAICS
- Basic Chemical Manufacturing (3251), Other Basic Inorganic Chemical Manufacturing (325180), Petrochemical Manufacturing (325110)
- SIC
- Industrial Inorganic Chemicals (2810), Industrial Organic Chemicals (2860)
- akta.pro primary industry
- PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC) (IMAEADAF)
- akta.pro secondary industries
- Chlor-Alkali & Derivatives (IMAEAAAC), PVC & Chlorinated Polymers (IMAEANAB), Inorganic Commodity Chemicals (Acids, Alkalis, Salts) (IMAEAAAA)
Keywords
Where OxyChem is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
OxyChem business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D
OxyChem product offering
Product offeringCore offering
OxyChem manufactures and sells essential industrial chemicals, primarily polyvinyl chloride (PVC), chlor-alkali products (including sodium hydroxide/caustic soda), calcium chloride, and chlorinated organic chemicals. As a top-three U.S. producer in PVC, chlor-alkali, and calcium chloride, the company supplies these commodity chemicals to industrial customers across North America and Latin America for use in construction, packaging, deicing, and chemical manufacturing applications.
Product overview
OxyChem was a diversified chemical manufacturing company offering essential chemistry products. The portfolio included polyvinyl chloride (PVC), chlor-alkali products (including caustic soda/sodium hydroxide), calcium chloride, and chlorinated organic chemicals. As a top-three U.S. manufacturer in PVC, chlor-alkali, and calcium chloride, the company served industrial customers across the United States, Canada, and Latin America. The business was acquired by Berkshire Hathaway for $9.7 billion in January 2026 and is now operated independently under Berkshire's ownership with existing management under President and CEO Wade Alleman.
Differentiator
Problem solved
Functional benefit
Products and services
- Polyvinyl Chloride (PVC)
Companies that use OxyChem
Customer profileIdeal customer profiles3 records
OxyChem technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OxyChem partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights3 records
OxyChem competitors and assessment
Company assessmentDirect peers
- Olin Corporation: Olin is the world's largest producer of chlor-alkali products and a significant merchant chlorine and caustic soda supplier, directly competing with OxyChem's chlor-alkali business.
- Shintech: Shintech is the largest U.S. producer of PVC resin and a major chlor-alkali producer (subsidiary of Shin-Etsu Chemical). It is a top direct competitor to OxyChem in PVC manufacturing.
- Formosa Plastics USA: Formosa Plastics operates integrated PVC and chlor-alkali production facilities in the U.S. (Louisiana and Texas), directly overlapping with OxyChem's PVC and chlor-alkali product lines.
- Westlake Corporation: Westlake is a leading North American producer of PVC, chlor-alkali (caustic soda and chlorine), and downstream building products. It is OxyChem's closest direct competitor across the chlor-vinyl value chain.
Broad incumbents
- Dow Inc. Dow is a diversified global chemicals producer with chlor-alkali, chlor-vinyl, and performance chemicals operations. While broader than OxyChem, it competes in many of the same downstream chemistries.
- INEOS Group: INEOS is a global chemicals major with significant chlor-alkali, PVC, and chlorinated organic chemical operations in the U.S. and Europe, making it a broad incumbent competitor across OxyChem's portfolio.
Others
- Occidental Petroleum: Occidental Petroleum was OxyChem's parent company until the 2026 divestiture and remains a vertically related party as the seller of the chlor-alkali feedstock ecosystem. Not a direct competitor but materially connected.
Regional players
- Orbia Advance Corporation (Vestolit): Orbia's Vestolit unit is a leading European PVC producer with chlor-alkali capabilities. It competes with OxyChem in global PVC markets but is not a direct U.S. competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights5 records
Customer concentration
OxyChem social profiles
Digital presenceOxyChem financial estimates
Financial estimateRevenue estimate
Valuation estimate
OxyChem leadership team
Management profileNumber of profiles
Profiles1 record
OxyChem funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OxyChem M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OxyChem
What does OxyChem do?
OxyChem manufactures and sells essential industrial chemicals, primarily polyvinyl chloride (PVC), chlor-alkali products (including sodium hydroxide/caustic soda), calcium chloride, and chlorinated organic chemicals. As a top-three U.S. producer in PVC, chlor-alkali, and calcium chloride, the company supplies these commodity chemicals to industrial customers across North America and Latin America for use in construction, packaging, deicing, and chemical manufacturing applications.
Is OxyChem a public or private company?
OxyChem is a private company. It is classified as corporate owned and is currently operating.
When was OxyChem founded?
OxyChem was founded in 1965. It employs 5,001 to 10,000 people.
Where is OxyChem based?
OxyChem is headquartered in Houston, United States, in the North America region.
Who are OxyChem's main competitors?
Direct peers on record are Olin Corporation, Shintech, Formosa Plastics USA and Westlake Corporation. Broad incumbents are Dow Inc. and INEOS Group. Occidental Petroleum is listed as an others. Orbia Advance Corporation (Vestolit) is listed as a regional player.
Does OxyChem have an API?
No public API is recorded for OxyChem.
What industry is OxyChem in?
OxyChem's product category is Industrial Chemicals. Its primary akta.pro industry code is IMAEADAF, PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC), with a secondary code of IMAEAAAC, Chlor-Alkali & Derivatives. Its NAICS code is 3251 and its SIC code is 2810.