Georgia Gulf Corporation - Introduction

Introduction

400 Perimeter Center Terrace
Suite 595
Atlanta, Georgia 30346-1232
U.S.A.
Telephone: (770) 395-4500
Fax: (770) 395-4529
Web site: http://www.ggc.com

Public Company
Incorporated: 1985
Employees: 1,216
Sales: $1.23 billion (2002)
Stock Exchanges: New York
Ticker Symbol: GGC
NAIC: 325181 Alkalies and Chlorine Manufacturing; 325211 Plastics Material and Resin Manufacturing; 325110 Petrochemical Manufacturing; 325191 Gum and Wood Chemical Manufacturing; 325192 Cyclic Crude and Intermediate Manufacturing

Georgia Gulf Corporation is a major manufacturer of two highly integrated product lines, chlorovinyls and aromatic chemicals. The company is the third largest producer of both vinyl chloride monomer and vinyl suspension resins in North America, as well as the continent's number two producer of vinyl compounds; it is among the largest North American manufacturers of both cumene and phenol and also produces caustic soda, chlorine, and acetone. Manufacturing plants are operated in nine U.S. cities, mainly in the Southeast. Export sales generated about 12 percent of 2002 revenues, with the company serving markets in Canada, Mexico, Latin America, Europe, and Asia. Established in 1984 as a leveraged buyout of Georgia-Pacific Corporation, a large forest products manufacturer, Georgia Gulf began as an extremely successful corporation and was able to take advantage of increases in the demand for salt and petrochemical products.