OxyChem
| Industry | Chemical manufacturer |
|---|---|
| Owner | Berkshire Hathaway |
| Website | www |
OxyChem is a chemical manufacturer that was a wholly-owned subsidiary of Oxy (Occidental Petroleum Corporation) until the latter decided to begin negotiating its sale to Berkshire Hathaway in October 2025.[1] The company has expertise in chloralkali and related processes.[2]
On January 2, 2026, Berkshire Hathaway announced that it had completed its acquisition of OxyChem for $9.7 billion.[3]
References
- ^ "Berkshire Hathaway Inc. to Acquire OxyChem" (Press release). Oxy. 2025-10-02.
- ^ "Essential Chemistry: A world leader in essential chemistry". Oxy. Retrieved 2025-12-26.
- ^ "Berkshire Hathaway Inc. Completes Acquisition of OxyChem". Business Wire. Retrieved 2026-01-09.