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.

HOUSTON--(BUSINESS WIRE)--Westlake (NYSE: WLK) announced it completed the acquisition of Hexion Inc.'s global epoxy business for ~ $1.2 billion in an all-cash transaction.

Westlake Completes Acquisition of Epoxy Business

HOUSTON--(BUSINESS WIRE)--Westlake Royal Building Products™ unveils Westlake Royal Roofing™, one of six dynamic product solutions launched as part of a total brand transformation, at the 2022 International Roofing Expo (IRE), February 1-3 in New Orleans, Louisiana. Westlake Royal Roofing brings together the portfolios of the former Boral® North America roofing and DaVinci® Roofscapes lines, both strategic acquisitions for Westlake Royal Building Products USA Inc., and its parent company, Westla

Westlake Royal Building Products™ Debuts New Brand and Roofing Lines at 2022 International Roofing Expo

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Top 5 Value Picks to Shrug Off Market Gyrations

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK) will release its fourth quarter and full year earnings for 2021 prior to the market opening on Tuesday, February 22, 2022. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release. To access the conference call, dial (855) 760-8160, or (704) 288-0624 for international callers, approximately 10 minutes prior to the scheduled start time and refere

Westlake Chemical Announces Fourth Quarter and Full Year Earnings for 2021 Conference Call

HOUSTON--(BUSINESS WIRE)--Two years of strategic geographic and category acquisitions throughout the North American building materials market culminates today as the Westlake Royal Building Products™ brand is born. Bringing together the trusted Royal® Building Products, Boral® North America building products, and DaVinci® Roofscapes product lines under one unified brand signals a new era of growth and opportunity for the 50-year-old company. The newly launched Westlake Royal Building Products b

Westlake Royal Building Products™ Debuts, Bringing Together the Rich Legacy of Three Leading North American Building Products Manufacturers

Westlake (WLK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Westlake (WLK) Keep the Earnings Surprise Streak Alive?

Westlake (WLK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Westlake (WLK) Upgraded to Strong Buy: Here's What You Should Know

Here is how Westlake Chemical (WLK) and United States Steel (X) have performed compared to their sector so far this year.

Has Westlake Chemical (WLK) Outpaced Other Basic Materials Stocks This Year?

COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Holdings Corporation (“Hexion Holdings” or the “Company”) today announced that it has entered into a definitive agreement to be acquired by affiliates of American Securities LLC for $30.00 per share in cash. The transaction is expected to close in the first half of 2022, following and conditioned upon the closing of the Company's previously announced sale of its Epoxy business to Westlake Chemical Corporation (NYSE: WLK) (“Westlake”), shareholder and regu

Hexion Holdings to be Acquired by American Securities

Westlake's (WLK) subsidiary, NAPCO, launches a breakthrough molecular PVC pipe to lower carbon footprint and offer innovation.

Westlake (WLK) Arm NAPCO Launches Molecular-Based PVC Pipe

Westlake (WLK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Westlake (WLK) Stock a Solid Choice Right Now?

HOUSTON--(BUSINESS WIRE)--North American Pipe Corporation (NAPCO), a subsidiary of Westlake Chemical Corporation (NYSE: WLK), today announced the launch of a new product, molecular oriented PVC (PVCO) pipe. The new PVCO pipe features a lower manufacturing carbon footprint than other water main materials. This investment in state-of-the-art technology expands NAPCO's production capacity at the company's Woodbridge, Ontario, pipe and fittings facility. “Our focus is on delivering pipe and fitting

Westlake's NAPCO Pipe & Fittings Introduces High-Performance Molecular-Oriented PVC C909 Pipe

Westlake Chemical is a chemical company active in polymers and chemicals for the construction industry, among other things.

Westlake Chemical: Low Yield, But Some Upside

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Westlake (WLK) reported earnings 30 days ago. What's next for the stock?

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Westlake (WLK) agrees to acquire Hexion's Rotterdam-based epoxy business to integrate and expand its portfolios.

Westlake (WLK) to Buy Hexion's Epoxy Business for $1.2 Billion

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COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Holdings Corporation (“Hexion” or the “Company”) today announced that as a result of its ongoing strategic review it has entered into a definitive agreement to sell 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). The Epoxy Business generated total sa

Hexion Holdings Announces Agreement to Sell Epoxy Businesses to Westlake Chemical

Westlake Chemical Corp. WLK, +2.07% on Wednesday said it agreed to buy Hexion Inc.'s global epoxy business for about $1.2 billion. The Rotterdam, Netherlands business rang up $1.5 billion sales in the 12 months ended Sept.

Westlake Chemical buys Hexion Epoxy for $1.2 billion

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK), today announced that it has entered into a definitive agreement with Hexion Inc. to acquire Hexion's global epoxy business for approximately $1.2 billion. Based in Rotterdam, The Netherlands, Hexion's epoxy business is an industry leader in the manufacture and development of specialty resins, coatings and composites for a variety of industries, including high-growth and sustainability-oriented end-uses such as wind turbine bla

Westlake to Acquire Hexion's Global Epoxy Business

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Westlake's (WLK) subsidiary, Vinnolit, brings a low-carbon PVC alternative to the market to contribute to sustainability efforts.

Westlake's (WLK) Vinnolit Launches Low-Carbon GreenVin PVC

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK) today announced its Vinnolit subsidiary in Germany launched GreenVin™ Polyvinyl Chloride (PVC), a lower-carbon alternative PVC, which is one of the most widely utilized plastics in the construction, automotive and medical sectors. "Market demand for lower-carbon plastics and materials is rising rapidly as more customers are seeking ways to reduce their carbon footprints and meet their sustainability goals,” said Vice President,

Westlake's Vinnolit Introduces New Lower-Carbon GreenVin PVC

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News for Westlake Chemical Stock (WLK)