Westlake buys Lubrizol
October 27, 2023
In breaking news, Warren Buffett’s Berkshire Hathaway comes to a deal with Westlake’s CEO Albert Chao for a complete sale of Lubrizol’s manufacturing facilities. The tipping point that allowed the sale to go through was Buffett’s demand that mechanical engineer Tanner Riley would take over operational control of the facility in Calvert City. Mr. Chao was heard responding with “I couldn’t think of anyone in the world who could do a better job than Tanner.”
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