Georgia Gulf Corporation today announced that when its pending merger with PPG’s commodity chemicals business is completed, it will change its name to Axiall Corporation. The company will trade on theNew York Stock Exchange under the ticker symbol AXLL.

“The new name is the result of more than five months of effort and creativity by a group of employees from both Georgia Gulf and PPG,” said Paul Carrico, president and chief executive officer. “The new and distinctive brand represents a clear break from the legacy names of the two businesses, and gives us the flexibility to enter new markets, make future acquisitions, and diversify our portfolio without the need to rebrand our organization.”

Georgia Gulf Corporation also announced the commencement of a private offering by Eagle Spinco Inc.  of$688 million in aggregate principal amount of unsecured senior notes due 2021. The Notes will be issued by Splitco, which is currently a subsidiary of PPG Industries, Inc.. The exact terms of the offering will depend upon the market conditions and other factors.

As previously announced, PPG and Georgia Gulf have entered into definitive agreements under which PPG will separate its commodity chemicals business and then merge it with Georgia Gulf. Splitco is the new company formed by PPG to hold its commodity chemicals business. The Notes are expected to be initially issued by Splitco to PPG as partial consideration for Splitco’s acquisition of PPG’s commodity chemicals business.

The offering of the Notes will be made in a private transaction in reliance upon an exemption from the registration requirements of the Securities Act of 1933, only in the United States to investors who are “qualified institutional buyers,” as that term is defined in Rule 144A under the Securities Act, or outside the United States to investors who are persons other than “U.S. persons,” as that term is defined in Rule 902 under the Securities Act, in offshore transactions in reliance upon Regulation S under the Securities Act.

The Notes have not been registered under the Securities Act of 1933 or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

More information about the Axiall brand story can be viewed online at www.axiallcorp.com.