Westlake Chemical

Westlake Corp. manufactures and markets petrochemicals, polymers and fabricated building products. It operates through the following segments: Olefins and Vinyls. The Olefins segment manufactures ethylene, polyethylene and styrene and associated co-products at the manufacturing facility in Lake Charles and polyethylene at the Longview facility. The Vinyls segment manufactures and sells building products fabricated from polyvinyl chloride, including pipe, fittings, profiles, foundation, building products, fence and deck components, window and door components, and film and sheet products. The company was founded by Ting Tsung Chao in 1986 and is headquartered in Houston, TX.

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Westlake Chemical reports record 2022 earnings amidst market challenges

Westlake Chemical's 2022 performance reflects record net income and operational efficiencies amidst challenging market conditions.
The company's strategic initiatives, strong balance sheet, and focus on sustainability and innovation position it for future growth.
While facing challenges like geopolitical conflicts and competitive pressures, Westlake remains optimistic about growth opportunities in key business segments.
Overall, Westlake's financial resilience, customer alignment, and market positioning bode well for its strategic growth trajectory and value creation.

Westlake Chemical reports robust Q1 earnings amidst market challenges

Westlake Chemical delivered strong financial results in Q1 2023, with a focus on cost savings and strategic sales mix improvements.
Challenges include segment-specific EBITDA declines and market uncertainties related to caustic and oil prices.
The company remains cautiously optimistic about economic conditions and sees opportunities for growth in PVC and epoxy segments.

Westlake Chemical reports solid Q2 results amidst market challenges

Westlake Chemical's Q2 2023 performance reflects a mix of challenges and strengths across segments.
Cost reduction efforts and strong demand in certain segments provide opportunities for growth.
Despite market fluctuations, the company remains optimistic about its long-term growth prospects.
Strategic positioning in key markets like PVC and infrastructure products bodes well for future performance.

Westlake Chemical reports robust Q3 results amidst market challenges

Westlake Chemical (WLK) delivered strong financial performance in Q3 2023.
HIP segment outperformed with record EBITDA, while PIMS segment faced pricing pressure.
Challenges include margin pressures, overcapacity in epoxy market, and caustic soda price declines.
Opportunities lie in ECU pricing, PVC industry demand, and long-term epoxy market potential.

Westlake Chemical reports solid Q4 earnings amidst pricing challenges

Westlake Chemical's Q4 performance showed resilience with strong income and EBITDA figures.
Integration across key business segments and focus on cost savings present strategic advantages.
Challenges in pricing and profitability require attention, but opportunities in M&A and export trends offer growth potential.
Overall, Westlake's financial position and operational strategies position it well for future success.

Westlake Chemical reports strong Q1 results amidst strategic challenges

Westlake Chemical (WLK) delivered a strong performance in Q1 2024, driven by robust results in the HIP segment and cost reduction initiatives.
While facing challenges in the PEM segment and epoxy business, the company remains proactive in addressing issues and optimizing performance.
Management's focus on long-term growth, strategic initiatives, and market opportunities positions Westlake Chemical for continued success in 2024.

Westlake Chemical reports record earnings, eyes growth amid economic challenges

Westlake Chemical delivered strong financial results in Q2 2024, driven by the HIP segment's performance and strategic initiatives. Despite challenges like weather and economic conditions, the company remains optimistic about future growth opportunities and is focused on enhancing shareholder value.

Westlake Chemical reports solid Q3 earnings amidst operational challenges

Westlake Chemical delivered solid financial results in Q3 2024, supported by cost-saving initiatives and a strong balance sheet.
Operational challenges in sales volumes and strategic decisions impacting expenses were notable during the quarter.
Despite challenges, the company remains well-positioned to capitalize on opportunities and drive long-term growth.

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Westlake Corp. Is a global diversified industrial company, which engages in the manufacturing and supplying of essential products. It operates through the Performance and Essential Materials, and Housing and Infrastructure Products segments. The Performance and Essential Materials segment includes Westlake North American Vinyls, Westlake North American Chlor-alkali and Derivatives, Westlake European and Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene, and Westlake Epoxy. The Housing and Infrastructure Products segments refers to the Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds, and Westlake Dimex. The company was founded by Ting Tsung Chao in 1986 and is headquartered in Houston, TX.

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Westlake (WLK) benefits from strong demand for most of its products on continued global economic expansion.

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HOUSTON--(BUSINESS WIRE)--Westlake Epoxy's European business has received a Platinum rating from EcoVadis, their highest rating for environmental and social performance.

Westlake Epoxy Achieves EcoVadis Platinum Sustainability Rating, Demonstrating Continued Sustainability Advancements

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Westlake (WLK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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Westlake (WLK) benefits from the continued strength in the residential construction market and strong repair and remodeling markets in Q4.

Westlake's (WLK) Earnings & Revenues Top Estimates in Q4

Westlake Chemical Partners LP (WLKP) CEO Albert Chao on Q4 2021 Results - Earnings Call Transcript

Westlake Corporation (WLK) CEO Albert Chao on Q4 2021 Results - Earnings Call Transcript

Westlake (WLK) delivered earnings and revenue surprises of 7.79% and 15.84%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Westlake Chemical (WLK) Q4 Earnings and Revenues Beat Estimates

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced record fourth quarter and record full year 2021 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data)     Three Months Ended December 31,   Twelve Months Ended December 31,     2021   2020   2021   2020                   Westlake Corporation Income from operations   $ 873   $ 178   $ 2,800   $ 429 Net income attributable to Westlake Corporation   $ 644   $ 113   $ 2,015

Westlake Corporation Reports Record Fourth Quarter and Full Year 2021 Results

HOUSTON--(BUSINESS WIRE)--Westlake (NYSE: WLK) announced its target to reduce Scope 1 & Scope 2 CO2 equivalent emissions per ton of production by 20% by 2030 from 2016 baseline

Westlake Establishes 2030 Target to Reduce Carbon Dioxide Emissions

HOUSTON--(BUSINESS WIRE)--Westlake (NYSE: WLK), today announced that it will host an Investor Day on Thursday, April 7, 2022, at 9:00 a.m. EST in New York and by webcast.

Westlake to Host 2022 Investor Day

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HOUSTON--(BUSINESS WIRE)--Westlake Chemical (NYSE: WLK) today announced that it plans to officially change its name to Westlake Corporation effective on February 18, 2022.

Westlake Chemical Corporation to Change Name to Westlake Corporation

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Here's Why Westlake Chemical (WLK) is a Strong Momentum Stock

HOUSTON--(BUSINESS WIRE)--During the 2022 International Builders' Show (IBS), Westlake Royal Building Products™ unveils a new profile — 5/8” Lap Siding — to its line of TruExterior poly-ash siding. Developed in response to growing demand, the profile combines the coveted look and shadow lines of traditional lap siding with the high performance of TruExterior's poly-ash material. It has a true 5/8” butt, a sought-after profile that mimics real cedar, and comes in 16-foot lengths. “We've been get

Westlake Royal Building Products™ Launches TruExterior 5/8” Lap Siding

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ USA Inc., a Westlake company (NYSE:WLK), will showcase its breadth of innovative interior and exterior building products at the 2022 NAHB International Builders' Show® (IBS) in Orlando, Florida from February 8-10, 2022. The 2022 IBS marks the official debut of the new Westlake Royal Building Products brand, bringing together the rich legacy of three leading North American Building Products Manufacturers: Royal® Building Products, Boral

Westlake Royal Building Products™ Showcases Innovative and Diverse Range of Industry-Leading Products at 2022 International Builders' Show (IBS)

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HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™, has announced the four outstanding winners of the 2021 DaVinci® Masterpiece Contractor Project of the Year Awards. Three residential projects and one commercial project from across the country have been chosen to receive the prestigious award. Qualifications for DaVinci Masterpiece Contractors to receive the award include excellence of installation work, outstanding visual impact, and ability of the roofing work to transform the look

Westlake Royal Building Products™ DaVinci® Masterpiece Contractor 2021 Project of the Year Awards Announced

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ today introduced SwiftGuard™, a synthetic roofing underlayment for steel, tile, shingle and shake roofing. The new roofing solution is easily installed and leverages a patented nail gasketing technology to provide durable all-season weather protection. Westlake Royal™ will unveil the new underlayment at the International Roofing Expo (IRE), February 1-3 in New Orleans, booth #1713, and at the International Builders' Show (IBS), Februar

Westlake Royal Building Products™ Introduces SwiftGuard™ Roof Underlayment

COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Holdings Corporation (“Hexion” or the “Company”) today announced that it has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the “Epoxy Business”) for approximately $1.2 billion to Westlake Chemical Corporation (NYSE: WLK). Commenting on the transaction, Craig Rogerson, Chairman, President and Chief Executive Officer, said, “

News for Westlake Chemical Stock (WLK)