Westlake Corp (N:WLK)

Apr 22, 2024 06:45 am ET
Westlake Epoxy Introducing New Lower Yellowing Epoxy Products
Westlake Corporation (NYSE: WLK) announced today that Westlake Epoxy will launch several new lower yellowing epoxy products at the American Coatings Show 2024, to be held in Indianapolis, Indiana (USA) from April 30 to May 2, 2024.
Apr 17, 2024 08:00 am ET
Westlake Announces First Quarter 2024 Earnings Conference Call
Westlake Corporation (NYSE: WLK) will release its first quarter 2024 earnings prior to the market opening on Wednesday, May 1, 2024. 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.
Mar 12, 2024 06:30 am ET
Westlake to Host Housing & Infrastructure Products-Focused Investor Event
Westlake Corporation (NYSE: WLK) today announced that it will host an investor event focused on its Housing & Infrastructure Products (“HIP”) businesses on Thursday, June 13, 2024, from 9:00 a.m. to 1:00 p.m. Eastern Time. During the event, Albert Chao, President and Chief Executive Officer; Steve Bender, Executive Vice President and Chief Financial Officer; Robert Buesinger, Executive Vice President – Housing & Infrastructure Products, IT & Digital; and the leaders of Westlake Royal Building Products, Westlake Pipe & Fittings, and Westlake Global Compounds, will present an in-depth review of
Feb 27, 2024 06:45 am ET
Westlake Epoxy Receives ISCC PLUS Certification at its Duisburg, Germany Site
Westlake Corporation (NYSE: WLK) announced today that its Westlake Epoxy Duisburg, Germany manufacturing site has received the International Sustainability & Carbon Plus (ISCC PLUS) certification. The site received mass balance certification for its tracing and handling of sustainable materials in the production of epoxy specialty products. This is the second Westlake Epoxy site in Europe to receive ISCC PLUS certification. The goal is to achieve this certification for all Westlake Epoxy sites in Europe in the near future.
Feb 20, 2024 06:30 am ET
Westlake Corporation Reports Fourth Quarter and Full Year 2023 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced fourth quarter and full year 2023 results.
Feb 16, 2024 04:15 pm ET
Westlake Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50 cents per share for the fourth quarter of 2024. This dividend will be payable on March 14, 2024, to stockholders of record on February 28, 2024.
Feb 06, 2024 09:00 am ET
Westlake Announces Fourth Quarter and Full Year Earnings for 2023 Conference Call
Westlake Corporation (NYSE: WLK) will release its fourth quarter and full year 2023 earnings prior to the market opening on Tuesday, February 20, 2024. 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.
Jan 15, 2024 08:30 am ET
Westlake Global Compound and Westlake Dimex Partner Together in Reducing Waste
Westlake Global Compounds, a leading provider of PVC compounds, is combining its sustainability efforts with Westlake Dimex, a leading recycler of industrial PVC. This collaboration will leverage Westlake Global Compounds' expertise in PVC compounds with Westlake Dimex's expertise in recycled materials, helping Westlake Global Compounds in its efforts to reduce waste and its environmental impact.
Nov 10, 2023 04:25 pm ET
Westlake Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50 cents per share for the third quarter of 2023. This dividend will be payable on December 6, 2023, to stockholders of record on November 21, 2023.
Nov 02, 2023 06:30 am ET
Westlake Corporation Reports Third Quarter 2023 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced third quarter 2023 results.
Oct 31, 2023 06:30 am ET
Westlake Releases 2022 Environmental, Social and Governance Report
Westlake Corporation (NYSE: WLK) today released its 2022 Environmental, Social and Governance (ESG) report, which marks the company’s sixth annual update on sustainability advances and initiatives in products and operations. This year, the report includes certain metrics established by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB). Further, in the fourth quarter of 2022, Westlake performed a Task Force on Climate-Related Disclosures (TCFD) Gap Assessment, and the 2022 ESG report includes the company’s first TCFD disclosures, thus laying the groundwo
Oct 19, 2023 08:00 am ET
Westlake Announces Third Quarter 2023 Earnings Conference Call
Westlake Corporation (NYSE: WLK) will release its third quarter 2023 earnings prior to the market opening on Thursday, November 2, 2023. 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.
Oct 05, 2023 08:30 am ET
Westlake Global Compounds and Resinex to Supply PVC Compounds in European and Turkish Markets
Westlake Global Compounds, a leading provider of specialty plastics compounds and a Westlake company, and Resinex, a leader in plastic distribution in Europe, today announced that the companies will extend the sales presence of Westlake’s PVC compounds. The partnership will combine Westlake’s expertise in PVC compounds with Resinex’s expertise in distributing polymers solutions to extend Westlake products’ access throughout the Resinex organization.
Sep 14, 2023 08:30 am ET
Westlake Introduces High-Performance PIVOTAL™ Polyethylene Resin with Post-Consumer Content
Westlake Corporation (NYSE: WLK) today announced the launch of PIVOTAL™, a line of “one-pellet solutions” for the introduction of post-consumer resin (PCR) into flexible packaging. PIVOTAL™ offers customers a more sustainable material for use in the production of non-FDA applications.
Aug 14, 2023 06:30 am ET
Westlake Announces 40% Increase in Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50.00 cents per share for the second quarter of 2023, an increase of approximately 40% from the 35.70 cents per share of the first quarter of 2023. This dividend will be payable on September 12, 2023, to stockholders of record on August 25, 2023.
Aug 03, 2023 06:30 am ET
Westlake Corporation Reports Second Quarter 2023 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced second quarter 2023 results.
Jul 20, 2023 09:00 am ET
Westlake Announces Second Quarter 2023 Earnings Conference Call
Westlake Corporation (NYSE: WLK) will release its second quarter 2023 earnings prior to the market opening on Thursday, August 3, 2023. 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.
May 12, 2023 05:50 pm ET
Westlake Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.357 per share for the first quarter of 2023. This dividend will be payable on June 8, 2023, to stockholders of record on May 23, 2023.
May 04, 2023 06:30 am ET
Westlake Corporation Reports First Quarter 2023 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced first quarter 2023 results.
Apr 20, 2023 09:00 am ET
Westlake Announces First Quarter 2023 Earnings Conference Call
Westlake Corporation (NYSE: WLK) will release its first quarter 2023 earnings prior to the market opening on Thursday, May 4, 2023. 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.
Apr 13, 2023 05:52 pm ET
Westlake Innovations Invests in Infinity Recycling's Circular Plastics Fund
Westlake Innovations, Inc., a subsidiary of Westlake Corporation (NYSE: WLK), today announced the company has invested in the Circular Plastics Fund. The fund seeks to accelerate the transition to a circular economy of plastics by scaling up advanced recycling technology companies that transform plastic waste streams into primary commodities used for new plastic products. Westlake’s investment builds upon the company’s commitment to helping develop a more sustainable future through continuous improvement in its own manufacturing as well as strategic investments in innovative technologies and s
Apr 06, 2023 01:20 pm ET
NOVA Chemicals appoints Roger Kearns as President and CEO
NOVA Chemicals Corporation (NOVA Chemicals) today announced the appointment of Mr. Roger Kearns as President and Chief Executive Officer, effective June 12, 2023. Mr. Kearns most recently served as the Chief Operating Officer of Westlake...
Mar 24, 2023 06:00 am ET
Westlake Epoxy Promoting NEW AZURES™ Systems
Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy will launch its new AZURES™ product range at the European Coatings Show 2023, to be held in Nuremberg, Germany, March 28 to 30, 2023.
Mar 23, 2023 06:19 pm ET
Westlake Epoxy Confirms ISCC+ Certification at Its Pernis, Netherlands Site
Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy’s Pernis, Netherlands site has completed the first sale of certified mass balanced Bisphenol A (BPA). Additionally, the site received mass balance certification for its tracing and handling of sustainable materials in the production of epoxy products for its International Sustainability & Carbon Plus (ISCC+) certification. This is a significant step in Westlake Epoxy’s strategy to integrate renewable carbon materials into its raw material supply chain while reducing energy use and greenhouse gas emissions.
Feb 28, 2023 05:15 pm ET
Westlake Epoxy Receives EcoVadis Platinum Award Recognizing its Sustainability Efforts
Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy’s European business received a 2022 Platinum Medal from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. Westlake Epoxy was also rated at this level in 2021 which positions it at the top 1% of companies assessed by EcoVadis.
Feb 21, 2023 06:30 am ET
Westlake Corporation Reports Record Full-Year 2022 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced fourth quarter and record full-year 2022 results.
Feb 17, 2023 04:21 pm ET
Westlake Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.3570 per share for the fourth quarter of 2022. This dividend will be payable on March 16, 2023, to stockholders of record on March 1, 2023.
Feb 07, 2023 09:00 am ET
Westlake Announces Fourth Quarter and Full Year Earnings for 2022 Conference Call
Westlake Corporation (NYSE: WLK) will release its fourth quarter and full year 2022 earnings prior to the market opening on Tuesday, February 21, 2023. 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.
Nov 11, 2022 04:16 pm ET
Westlake Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.3570 per share for the third quarter of 2022. This dividend will be payable on December 9, 2022, to stockholders of record on November 25, 2022.
Nov 03, 2022 06:30 am ET
Westlake Corporation Reports Third Quarter 2022 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced third quarter 2022 results.
Oct 20, 2022 09:00 am ET
Westlake Announces Third Quarter 2022 Earnings Conference Call
Westlake Corporation (NYSE: WLK) will release its third quarter 2022 earnings prior to the market opening on Thursday, November 3, 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.
Oct 14, 2022 09:41 am ET
Thinking about trading options or stock in Wells Fargo, Westlake, Exxon Mobil, W R Berkley, or Cigna?
NEW YORK, Oct. 14, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for WFC, WLK, XOM, WRB, and CI.
Oct 13, 2022 05:50 pm ET
Westlake Set to Join S&P MidCap 400; MillerKnoll to Join S&P SmallCap 600
NEW YORK, Oct. 13, 2022 /PRNewswire/ -- Westlake Corp. (NYSE:WLK) will replace MillerKnoll Inc. (NASD:MLKN) in the S&P MidCap 400, and MillerKnoll will replace Covetrus Inc. (NASD:CVET) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, October 18. Clayton, Dubilier & Rice and TPG Capital acquired Covetrus in a deal that closed today. MillerKnoll is more representative of the small-cap market space.
Sep 26, 2022 04:15 pm ET
Westlake Releases 2021 ESG Report with GRI/SASB Data Appendix
Westlake Corporation (NYSE: WLK) today released its 2021 Environmental, Social and Governance Report and, concurrently, its Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) Appendix, as the company enhances its data reporting systems and reinforces its commitment to transparency.
Aug 12, 2022 06:02 pm ET
Westlake Announces $500 Million Expansion of Existing Share Repurchase Program and 20% Increase in Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE: WLK) today authorized the company to repurchase an additional $500 million of shares of its common stock under its existing share repurchase program. As of August 12, 2022, approximately 9.8 million shares of common stock had been acquired at an aggregate purchase price of approximately $600 million since the inception of its initial share repurchase program in 2011. After the expansion of the size of the current program, and as of August 12, 2022, an aggregate of approximately $550 million will be available for purchase under the program.
Aug 02, 2022 06:30 am ET
Westlake Corporation Reports Record Second Quarter 2022 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced record second quarter 2022 results.
Jul 20, 2022 08:00 am ET
Westlake Announces Second Quarter 2022 Earnings Conference Call
Westlake Corporation (NYSE: WLK) will release its second quarter 2022 earnings prior to the market opening on Tuesday, August 2, 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.
Jul 14, 2022 12:12 pm ET
WESTLAKE CORPORATION INVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Investigates Westlake’s Directors and Officers for Breach of Fiduciary Duties – WLK
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, continues its investigation whether certain directors and officers of Westlake Corporation (“Westlake”) (NYSE: WLK) breached their...
Jul 05, 2022 07:01 pm ET
WESTLAKE CORPORATION INVESTIGATION ALERT REMINDER: Scott+Scott Attorneys at Law LLP Investigates Westlake’s Directors and Officers for Breach of Fiduciary Duties – WLK
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, reminds investors it is investigating whether certain directors and officers of Westlake Corporation (“Westlake”) (NYSE: WLK) breached...
Jun 23, 2022 05:44 pm ET
WESTLAKE CORPORATION INVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Investigates Westlake’s Directors and Officers for Breach of Fiduciary Duties – WLK
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, reminds investors it is investigating whether certain directors and officers of Westlake Corporation (“Westlake”) (NYSE: WLK) breached their fiduciary duties to Westlake and its shar
Jun 16, 2022 02:52 pm ET
Westlake Corporation Investigation Alert: Scott+Scott Attorneys at Law LLP Investigates Westlake’s Directors and Officers for Breach of Fiduciary Duties – WLK
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of Westlake Corporation (“Westlake”) (NYSE: WLK) breached their fiduciary duties to Westlake and its shareholders. If you a
May 13, 2022 04:43 pm ET
Westlake Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the first quarter of 2022. This dividend will be payable on June 7, 2022, to stockholders of record on May 23, 2022.
May 03, 2022 06:30 am ET
Westlake Corporation Reports Record First Quarter 2022 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced record first quarter 2022 results.
May 02, 2022 07:00 am ET
NAPCO Pipe & Fittings is Now Westlake Pipe & Fittings
Westlake Pipe & Fittings, formerly NAPCO Pipe & Fittings, is excited to announce its new name to reflect the true value its customers receive from its extensive product portfolio backed by the brand equity of Westlake Corporation (NYSE: WLK), a Fortune 500 Company.
Apr 20, 2022 06:30 am ET
Westlake Announces First Quarter 2022 Earnings Conference Call
Westlake Corporation (NYSE: WLK) will release its first quarter 2022 earnings prior to the market opening on Tuesday, May 3, 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.
Apr 05, 2022 08:32 am ET
Westlake Akishima Launches an e-Commerce Portal for Customers in Japan and China
HOUSTON, April 5, 2022 /CNW/ -- Westlake Akishima, a leading supplier of specialty stabilizers for PVC industry, which is based in Tokyo, has introduced a new e-commerce platform to provide its customers with a secure and convenient online buying experience. The portal, built by the technology provider Agilis Chemicals, offers a complete set of sales and marketing functions to support fast and easy product search, order placement, quick reordering, along with advanced analytics – to help Westlake Akishima stay on top of current trends and forecast future demand.
Apr 05, 2022 08:32 am ET
Westlake Akishima Launches an e-Commerce Portal for Customers in Japan and China
HOUSTON, April 5, 2022 /PRNewswire/ -- Westlake Akishima, a leading supplier of specialty stabilizers for PVC industry, which is based in Tokyo, has introduced a new e-commerce platform to provide its customers with a secure and convenient online buying experience. The portal, built by the technology provider Agilis Chemicals, offers a complete set of sales and marketing functions to support fast and easy product search, order placement, quick reordering, along with advanced analytics – to help Westlake Akishima stay on top of current trends and forecast future demand.
Mar 30, 2022 06:30 am ET
Westlake Announces 2022 Investor Day Webcast
Westlake Corporation (NYSE: WLK), will host its inaugural Investor Day on Thursday, April 7, 2022, at 9:00 a.m. Eastern Time. During the event, members of the executive leadership team will present an in-depth overview of the Company’s long-term strategic vision and direction, financial outlook, capital allocation priorities, and plans to drive long-term shareholder value. Speakers include Albert Chao, President and Chief Executive Officer; Roger Kearns, Chief Operating Officer; Robert Buesinger, Executive Vice President; Steve Bender, Chief Financial Officer; and Larry Schubert, Vice Presiden
Mar 23, 2022 06:30 am ET
Westlake Epoxy Receives ISCC+ Certification at Its Pernis, Netherlands Site
Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy’s Pernis, Netherlands site has received International Sustainability & Carbon Plus (ISCC+) certification. The site received mass balance certification for its tracing and handling of sustainable materials in the production of epoxy products. This is a significant step in Westlake Epoxy’s strategy to integrate renewable carbon materials into its raw material supply chain while reducing energy use and greenhouse gas emissions.
Mar 08, 2022 06:30 am ET
Westlake Epoxy Achieves EcoVadis Platinum Sustainability Rating, Demonstrating Continued Sustainability Advancements
Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy’s European business has received a Platinum rating from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. This is their highest rating for environmental and social performance.
Feb 22, 2022 06:30 am ET
Westlake Corporation Reports Record Fourth Quarter and Full Year 2021 Results
Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced record fourth quarter and record full year 2021 results.
Feb 21, 2022 06:30 am ET
Westlake Establishes 2030 Target to Reduce Carbon Dioxide Emissions
Westlake Corporation (NYSE: WLK) today announced its target to reduce Scope 1 and Scope 2 CO2 equivalent emissions per ton of production by 20% by 2030 from a 2016 baseline.
Feb 18, 2022 04:53 pm ET
Westlake Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the fourth quarter of 2021. This dividend will be payable on March 15, 2022, to stockholders of record on March 1, 2022.
Feb 16, 2022 06:30 am ET
Westlake to Host 2022 Investor Day
Westlake Chemical Corporation (NYSE: WLK), today announced that it will host an Investor Day on Thursday, April 7, 2022, at 9:00 a.m. Eastern Time. During the event, Albert Chao, President and Chief Executive Officer; Roger Kearns, Chief Operating Officer; Robert Buesinger, Executive Vice President; Steve Bender, Chief Financial Officer; and other members of the executive leadership team will present an in-depth overview of the Company’s long-term strategic vision and direction, financial outlook, capital allocation priorities, and plans to drive long-term shareholder value.
Feb 15, 2022 06:30 am ET
Westlake Chemical Corporation to Change Name to Westlake Corporation
Westlake Chemical Corporation (NYSE: WLK) today announced that it plans to officially change its name to Westlake Corporation effective on February 18, 2022.
Feb 01, 2022 08:24 am ET
Westlake Completes Acquisition of Epoxy Business
Westlake Chemical Corporation (NYSE: WLK) today announced that it has completed the acquisition of Hexion Inc.’s global epoxy business for approximately $1.2 billion in an all-cash transaction. Based in Rotterdam, The Netherlands, the epoxy business, which will be branded as Westlake Epoxy, 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 blades and light-weight automotive structural components.
Jan 27, 2022 07:00 am ET
Westlake Chemical Announces Fourth Quarter and Full Year Earnings for 2021 Conference Call
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.
Dec 08, 2021 06:45 am ET
Westlake’s NAPCO Pipe & Fittings Introduces High-Performance Molecular-Oriented PVC C909 Pipe
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.
Nov 24, 2021 06:45 am ET
Westlake to Acquire Hexion’s Global Epoxy Business
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 blades and light-weight automotive structural components. In the twelve months ended September 30, 2021, Hexion’s epoxy business h
Nov 17, 2021 08:00 am ET
Westlake's Vinnolit Introduces New Lower-Carbon GreenVin PVC
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.
Nov 12, 2021 04:05 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the third quarter of 2021. This dividend will be payable on December 8, 2021, to stockholders of record on November 23, 2021.
Nov 02, 2021 06:30 am ET
Westlake Chemical Corporation Reports Third Quarter 2021 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported record net income, excluding one-time tax benefits in a prior quarter, attributable to Westlake for the three months ended September 30, 2021 of $607 million, or $4.69 per diluted share, on record net sales of $3,055 million. Net income in the third quarter of 2021 increased by $550 million, or $4.24 per share, from third quarter 2020 net income of $57 million on net sales of $1,898 million despite the negative impacts of Hurricane Ida. Income from operations for the third quarter of 2021 was a quarterly rec
Oct 19, 2021 07:00 am ET
Westlake Chemical Announces Third Quarter Earnings for 2021 Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its third quarter earnings for 2021 prior to the market opening on Tuesday, November 2, 2021. 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.
Oct 07, 2021 06:58 am ET
Westlake and Nexii Announce Alliance to Support Sustainable Building
Westlake Innovations, Inc., a subsidiary of Westlake Chemical Corporation (NYSE: WLK), and Nexii Building Solutions Inc. (Nexii) today announced that the companies have formed an alliance to support the construction of buildings with a reduced environmental footprint. Also, Westlake will be the preferred supplier of certain building materials it makes for Nexii r
Oct 01, 2021 10:44 am ET
Westlake Doubles its Portfolio in High-Growth North American Building Products Market
Westlake Chemical Corporation (NYSE: WLK) today announced that it has completed the acquisition of Boral Limited’s North American building products businesses in roofing; siding, trim and shutters; decorative stone; and windows for $2.15 billion in an all-cash transaction.
Sep 29, 2021 08:00 am ET
Westlake Reiterates Its Commitment to Company-Wide Continuous Improvement in Its 2020 ESG Report
Westlake Chemical Corporation (NYSE: WLK) today released its 2020 Environmental, Sustainability and Governance (ESG) report, Essential Products, Critical Innovations, the fourth annual report demonstrating the company’s commitment to continuous improvements in its operations, products, management and communities.
Sep 15, 2021 08:00 am ET
Westlake Contributes $250,000 to the Hurricane Ida Relief Fund
Westlake Chemical Corporation (NYSE: WLK) today announced that it has contributed $250,000 to the Capital Area United Way’s Hurricane Ida Relief Fund in Baton Rouge, Louisiana. The Hurricane Ida Relief Fund was established to aid storm victims in the 10 parishes surrounding greater Baton Rouge.
Sep 10, 2021 09:20 am ET
Westlake Completes Acquisition of Dimex
Westlake Chemical Corporation (NYSE: WLK) today announced that it has completed the acquisition of Dimex LLC, from Grey Mountain Partners, a private equity firm.
Aug 31, 2021 07:40 pm ET
Westlake Chemical Corporation Issues Statement on Hurricane Ida
Westlake Chemical Corporation (NYSE: WLK) today issued a statement regarding Hurricane Ida, which made landfall near its plants in Louisiana and Mississippi.
Aug 19, 2021 11:49 am ET
NAPCO Pipe & Fittings Announces Completion of Acquisition of LASCO Fittings
North American Pipe Corporation (NAPCO), a subsidiary of Westlake Chemical Corporation (NYSE: WLK), today announced that it acquired LASCO Fittings LLC, a Brownsville, Tennessee-based, leading designer, engineer and manufacturer of injected-molded PVC fittings, from Aalberts, NV.
Aug 13, 2021 05:51 pm ET
Westlake Chemical Corporation Announces 10% Increase in Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the second quarter of 2021, an increase of 10.2% from the $0.2700 per share in the first quarter of 2021. This dividend will be payable on September 8, 2021, to stockholders of record on August 24, 2021.
Aug 05, 2021 09:16 pm ET
Westlake Announces Pricing of $1.7 Billion Offering of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today that it has priced its previously announced underwritten public offering of $300,000,000 aggregate principal amount of senior unsecured notes due 2024 (the “2024 Notes”), $350,000,000 aggregate principal amount of senior unsecured notes due 2041 (the “2041 Notes”), $600,000,000 aggregate principal amount of senior unsecured notes due 2051 (the “2051 Notes”) and $450,000,000 aggregate principal amount of senior unsecured notes due 2061 (the “2061 Notes” and, together with the 2024 notes, the 2041 Notes and the 2051 Notes, th
Aug 05, 2021 08:50 am ET
Westlake Announces Proposed Offering of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes (the “Notes”) under its existing shelf registration statement.
Aug 04, 2021 07:30 am ET
North American Crane Bureau Adds New Contracts with Petrochemical & Energy Companies Westlake Petrochemical and Dominion Energy
ALTAMONTE SPRINGS, Fla., Aug. 4, 2021 /PRNewswire/ - North American Crane Bureau Group (NACB), a subsidiary of ProBility Media Corp, (OTCPK: PBYA), an education company building the first full-service training and career advancement brand for the skilled trades, has initiated its multi-phase contract with Dominion Energy (NYSE: D) and Westlake Petrochemical (NYSE: WLK).
Aug 03, 2021 06:30 am ET
Westlake Chemical Corporation Reports Second Quarter 2021 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported record net income, excluding one-time tax benefits, attributable to Westlake for the three months ended June 30, 2021 of $522 million, or $4.04 per diluted share, on record net sales of $2,859 million. Net income in the second quarter of 2021 increased by $507 million from second quarter 2020 net income of $15 million, or $0.11 per share, on net sales of $1,709 million. Income from operations for the second quarter of 2021 was a quarterly record of $720 million, and increased by $684 million from income from
Aug 03, 2021 12:30 am ET
Westlake to Acquire Dimex
Westlake Chemical Corporation (NYSE: WLK), today announced plans for one of its subsidiaries to acquire the parent company of Dimex LLC, from Grey Mountain Partners, a private equity firm. Based in Marietta, Ohio, Dimex produces a variety of consumer products made from post-industrial-recycled (PIR) polyvinyl chloride (PVC), polyethylene (PE) and thermoplastic elastomer (TPE) materials, and has annualized sales of approximately $100 million. These consumer products include landscape edging; industrial, home and office matting; marine dock edging; and masonry joint controls. The proposed transa
Jul 20, 2021 08:00 am ET
Westlake Chemical Announces Second Quarter Earnings for 2021 Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its second quarter earnings for 2021 prior to the market opening on Tuesday, August 3, 2021. 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.
Jul 06, 2021 07:00 am ET
NAPCO Pipe & Fittings Announces Acquisition of LASCO Fittings, Inc.
North American Pipe Corporation (NAPCO), a subsidiary of Westlake Chemical Corporation (NYSE: WLK), today announced that it will acquire LASCO Fittings, Inc., a Brownsville, Tennessee-based, leading designer, engineer and manufacturer of injected-molded PVC fittings from Aalberts, NV.
Jun 20, 2021 07:13 pm ET
Westlake Significantly Expands its Presence in the Growing North American Home Construction Materials Markets by Acquiring Boral’s North American Building Products Businesses
Westlake Chemical Corporation (NYSE: WLK) today announced that it has entered into a definitive agreement with Boral Industries Inc., a wholly owned subsidiary of Boral Limited (ASX: BLD), under which Westlake will acquire Boral’s North American building products businesses in roofing; siding, trim and shutters; decorative stone; and windows for $2.15 billion in an all-cash transaction. The proposed transaction has been unanimously approved by the boards of directors of both companies and is expected to close in the second half of 2021, subject to the receipt of regulatory clearance as well as
Jun 10, 2021 07:00 am ET
Westlake Water Treatment Systems Help Pennsylvania Borough Meet U.S. Clean Water Act
The Water Treatment division of Westlake Chemical Corporation (NYSE: WLK), manufacturer of the Accu-Tab® chlorination and CleanSlate® dichlorination systems, today published a new case history outlining the key roles its water treatment systems perform within a recently upgraded wastewater processing plant in Southwestern Pennsylvania.
May 14, 2021 04:15 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the first quarter of 2021. This dividend will be payable on June 9, 2021, to stockholders of record on May 25, 2021.
May 04, 2021 06:30 am ET
Westlake Chemical Corporation Reports First Quarter 2021 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended March 31, 2021 of $242 million, or $1.87 per diluted share, on net sales of $2,357 million. Net income in the first quarter of 2021 increased by $97 million from first quarter 2020 net income of $145 million, or $1.13 per share, on net sales of $1,932 million. Income from operations of $346 million for the first quarter of 2021 increased by $210 million from income from operations of $136 million for the first quarter of 2020. The increases in ne
Apr 20, 2021 09:33 am ET
Westlake Chemical Announces First Quarter 2021 Earnings Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its first quarter earnings for 2021 prior to the market opening on Tuesday, May 4, 2021. 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.
Mar 25, 2021 09:00 am ET
Westlake Contributes to Houston Harris County Winter Storm Relief Fund
Westlake Chemical Corporation (NYSE: WLK) today announced that the company and the Ting Tsung and Wei Fong Chao Foundation have contributed a combined $100,000 to the Houston Harris County Winter Storm Relief Fund. The Houston Harris County Winter Storm Relief Fund was established by the City of Houston and Harris County in conjunction with the United Way of Greater Houston and the Greater Houston Community Foundation to provide emergency assistance for individuals adversely affected by the February 2021 winter storm.
Feb 23, 2021 06:30 am ET
Westlake Chemical Corporation Reports Fourth Quarter and Full Year 2020 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended December 31, 2020 of $113 million, or $0.87 per diluted share, on net sales of $1,965 million. Net income in the fourth quarter of 2020 increased by $41 million from fourth quarter 2019 net income of $72 million, or $0.56 per share, on net sales of $1,883 million. Income from operations of $178 million for the fourth quarter of 2020 increased by $76 million from income from operations of $102 million for the fourth quarter of 2019. The increases
Feb 19, 2021 06:03 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the fourth quarter of 2020. This dividend will be payable on March 16, 2021, to stockholders of record on March 2, 2021.
Feb 09, 2021 08:00 am ET
Westlake Chemical Announces Fourth Quarter and Full Year Earnings for 2020 Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its fourth quarter and full year earnings for 2020 prior to the market opening on Tuesday, February 23, 2021. 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.
Nov 18, 2020 11:00 am ET
Westlake Appoints Roger Kearns as Chief Operating Officer
Westlake Chemical Corporation (NYSE: WLK) announced today that Mr. Roger Kearns has been appointed by the Board of Directors as Executive Vice President and Chief Operating Officer, effective Jan. 1, 2021. In this new role, he will continue to report to Mr. Albert Chao, Westlake’s President and CEO. Mr. Kearns will be responsible for all of the company’s chemical businesses and manufacturing operations in North America, Europe and Asia.
Nov 13, 2020 04:30 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the third quarter of 2020. This dividend will be payable on December 9, 2020, to stockholders of record on November 24, 2020.
Nov 03, 2020 06:30 am ET
Westlake Chemical Corporation Reports Third Quarter 2020 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended September 30, 2020 of $57 million, or $0.45 per diluted share, on net sales of $1,898 million. Net income in the third quarter of 2020 decreased by $101 million compared to third quarter 2019 net income of $158 million, or $1.22 per share, on net sales of $2,066 million. Income from operations of $79 million for the third quarter of 2020 decreased by $147 million from income from operations of $226 million for the third quarter of 2019. These dec
Oct 28, 2020 09:00 am ET
Royal® Building Products Launches Celect® Canvas Beach Home Makeover Sweepstakes
To celebrate its 50th Anniversary and continue a year-long celebration of innovation in exterior design, Royal® Building Products, a Westlake company, has launched a
Oct 20, 2020 08:00 am ET
Westlake Chemical Announces Third Quarter 2020 Earnings Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its third quarter 2020 earnings prior to the market opening on Tuesday, Nov. 3, 2020. 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.
Sep 22, 2020 04:15 pm ET
Westlake Directs Redemption of $89 Million of Series 2010-1 GO Zone Revenue Bonds and $65 Million of Series 2010-2 Ike Zone Revenue Bonds
Westlake Chemical Corporation (NYSE:WLK) announced that it has directed the Louisiana Local Governmental Environmental Facilities and Community Development Authority (the “Authority”) to optionally redeem in full $89 million aggregate principal amount of the Authority’s Revenue Bonds (Westlake Chemical Corporation Projects), Series 2010A-1 (the “GO Zone Bonds”) and $65 million aggregate principal amount of the Authority’s Revenue Bonds (Westlake Chemical Corporation Projects), Series 2010A-2 (the “Ike Zone Bonds”), in each case, on November 1, 2020 at a redemption price of par, plus accrued an
Sep 14, 2020 08:00 am ET
Westlake Contributes $500,000 to the Hurricane Laura Disaster Fund
Westlake Chemical Corporation (NYSE: WLK) today announced that the company and the Ting Tsung and Wei Fong Chao Foundation have contributed a combined $500,000 to the United Way of Southwest Louisiana’s Hurricane Laura Disaster Fund. The Hurricane Laura Disaster Fund was established to aid storm victims in the parishes surrounding the greater Lake Charles area.
Sep 08, 2020 06:50 am ET
Westlake Chemical Corporation Updates Statement on Lake Charles Operations
Westlake Chemical Corporation (NYSE: WLK) today issued a statement updating the impact of Hurricane Laura, which made landfall near its plants in the Lake Charles, Louisiana area.
Aug 27, 2020 08:30 pm ET
Westlake Chemical Corporation Issues Statement on Lake Charles Operations
Westlake Chemical Corporation (NYSE: WLK) today issued a statement regarding Hurricane Laura, which made landfall near its plants in the Lake Charles, Louisiana area.
Aug 14, 2020 05:40 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the second quarter of 2020. This dividend will be payable on September 9, 2020, to stockholders of record on August 25, 2020.
Aug 06, 2020 06:30 am ET
Westlake Chemical Corporation Reports Second Quarter 2020 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended June 30, 2020 of $15 million, or $0.11 per diluted share, on net sales of $1,709 million. Net income in the second quarter of 2020 decreased by $104 million compared to second quarter 2019 net income of $119 million, or $0.92 per share, on net sales of $2,144 million. Income from operations of $36 million for the second quarter of 2020 decreased by $158 million from income from operations of $194 million for the second quarter of 2019. The decrea
Jul 23, 2020 09:00 am ET
Westlake Chemical Announces Second Quarter 2020 Earnings Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2020 second quarter earnings prior to the market opening on Thursday, August 6, 2020. 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.
Jul 14, 2020 05:59 am ET
Westlake Chemical Corporation Issues Statement Regarding European Commission Investigation
Westlake Chemical Corporation (NYSE: WLK) today confirmed that one of its subsidiaries has been named in a European Commission decision regarding certain anti-competitive practices in the purchasing of ethylene that occurred prior to 2017.
Jun 25, 2020 04:15 pm ET
Westlake Directs Redemption of $100 Million of Series 2009A GO Zone Revenue Bonds
Westlake Chemical Corporation (NYSE:WLK) announced today that it has directed the Louisiana Local Governmental Environmental Facilities and Community Development Authority (the “Authority”) to optionally redeem in full $100 million aggregate principal amount of the Authority’s Revenue Bonds (Westlake Chemical Corporation Projects), Series 2009A (the “GO Zone Bonds”) on August 1, 2020 at a redemption price of par, plus accrued and unpaid interest, if any, to the redemption date. The GO Zone Bonds mature on August 1, 2029 and were issued by the Authority in August 2009 and reoffered in July 2010
Jun 25, 2020 09:00 am ET
Royal® Building Products Partners with One Click Contractor for Expanded Virtual Selling Capabilities in Canada
Royal® Building Products, a Westlake company, today announced an expansion of its virtual selling capabilities through a partnership with
Jun 15, 2020 09:00 am ET
Royal® Building Products Launches Black Soffit in Exterior Portfolio® and Royal® Vinyl Lines
Royal® Building Products, a Westlake company, today announced the addition of black soffit to their Exterior Portfolio® and Royal® vinyl lines. The new black soffit creates a distinctive accent when used in porch ceilings, eaves and overhangs.
Jun 09, 2020 05:18 pm ET
Westlake Announces Pricing of Offering of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today that it has priced its previously announced underwritten public offering of $300,000,000 aggregate principal amount of senior unsecured notes due 2030 (the “Notes”) under its existing shelf registration statement. The Notes will bear interest at a rate of 3.375% per annum and will mature on June 15, 2030. The sale of the Notes is scheduled to close on June 12, 2020, subject to the satisfaction of customary closing conditions.
Jun 09, 2020 08:55 am ET
Westlake Announces Proposed Offering of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes (the “Notes”) under its existing shelf registration statement.
Jun 03, 2020 09:00 am ET
Royal® Building Products Expands Virtual Selling Capabilities in U.S. and Canadian Markets
Royal® Building Products, a Westlake company, today announced an expansion of its virtual selling capabilities, including the launch of
May 15, 2020 05:00 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2625 per share for the first quarter of 2020. This dividend will be payable on June 9, 2020, to stockholders of record on May 26, 2020.
May 15, 2020 04:30 pm ET
Kimberly Lubel Elected to Westlake Chemical Corporation Board of Directors
Westlake Chemical Corporation (NYSE: WLK) today announced that Ms. Kimberly S. Lubel has been elected to serve on the company’s board of directors as a new member. Ms. Lubel was elected to serve a three-year term at the company’s Annual Meeting of Stockholders, held today. Ms. Lubel is the former chairman, president and chief executive officer of CST Brands, Inc., and a former senior executive of Valero Energy Corporation.
May 05, 2020 09:00 am ET
Royal® Building Products Launches Several New Additions to Royal® Trim & Mouldings Product Line
Royal® Building Products, a Westlake company, today announced the addition of several new products to the Royal® Trim and Mouldings line. The innovation announcements roll out as part of Royal’s 50th Anniversary in 2020, which includes launches across several product categories throughout the year.
May 04, 2020 06:30 am ET
Westlake Chemical Corporation Reports First Quarter 2020 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended March 31, 2020 of $145 million, or $1.13 per diluted share, on net sales of $1,932 million. Net income in the first quarter of 2020 increased by $73 million compared to first quarter 2019 net income of $72 million, or $0.55 per diluted share, on net sales of $2,025 million. The increase in net income was primarily due to the income tax rate benefit of $62 million, or $0.48 per diluted share, resulting from the carryback of federal net operating l
Apr 20, 2020 09:00 am ET
Westlake Chemical Announces First Quarter 2020 Earnings Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2020 first quarter earnings prior to the market opening on Monday, May 4, 2020. 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.
Apr 17, 2020 09:00 am ET
2020 Earth Day: DaVinci Roofscapes Recycles 1+ Million Pounds of Waste Per Year with Net Zero Landfill Scrap
Eight years ago DaVinci Roofscapes began its recycling program. Now, on the 50th anniversary of Earth Day, the composite roofing manufacturer announces the company has reprocessed and re-used more than 7,000,000 pounds of polymer scrap as part of the company’s environmental initiative.
Apr 16, 2020 04:08 pm ET
Westlake Contributes $1 Million to Greater Houston COVID-19 Recovery Fund
Westlake Chemical Corporation (NYSE: WLK) today announced that the company and the Ting Tsung and Wei Fong Chao Foundation have contributed a combined $1 million to the Greater Houston COVID-19 Recovery Fund. The Greater Houston COVID-19 Recovery Fund was established by the United Way of Greater Houston and the Greater Houston Community Foundation to provide emergency assistance, like access to food, shelter and health care, for individuals adversely affected by the COVID-19 pandemic.
Apr 16, 2020 08:30 am ET
Westlake Contributes $1 Million to Greater Houston COVID-19 Recovery Fund
Westlake Chemical Corporation (NYSE: WLK) today announced that the company and the Ting Tsung and Wei Fong Chao Foundation have contributed a combined $1 million to the Greater Houston COVID-19 Recovery Fund. The Greater Houston COVID-19 Recovery Fund was established by the United Way of Greater Houston and the Greater Houston Community Foundation to provide emergency assistance, like access to food, shelter and health care, for individuals adversely affected by the COVID-19 pandemic.
Apr 13, 2020 09:00 am ET
Royal® Building Products Adds New Colors to Cedar Renditions™ by Royal® Design Series Aluminum Siding
Royal® Building Products, a Westlake company, today announced the addition of two new premium colors — Grey Oak and Smokewood — to its award-winning Cedar Renditions™ by Royal® Design Series aluminum siding. A new traditional color, Spanish Moss, is also now available in the U.S. market.
Mar 17, 2020 09:00 am ET
Royal® Building Products Launches 5” Smooth Clapboard Profile in Celect® Cellular Composite Siding and Celect® Canvas Unpainted Siding
Royal® Building Products, a Westlake company and leading manufacturer of exterior building products, has announced the addition of 5” Smooth Clapboard offerings in
Feb 27, 2020 09:00 am ET
Royal® Building Products Launches Atlas Stone™ Composite Stone Panels by Royal
Royal® Building Products, a Westlake company, today announced the launch of Atlas Stone™ Composite Stone Panels by Royal. Atlas Stone durably and affordably replicates the elegant look of real stone but weighs far less and installs as easily as conventional siding. Designed with a contemporary stacked profile,
Feb 19, 2020 09:00 am ET
Cedar Renditions™ by Royal® Named “Best of IBS” by House Beautiful Magazine
Royal® Building Products, a Westlake company, today announced that Cedar Renditions™ by Royal® was named one of the “
Feb 19, 2020 09:00 am ET
Cedar Renditions™ by Royal® Named “Best of IBS” by House Beautiful Magazine
Royal® Building Products, a Westlake company, today announced that Cedar Renditions™ by Royal® was named one of the “
Feb 18, 2020 04:16 pm ET
Westlake Chemical Appoints Johnathan Zoeller Chief Accounting Officer
Westlake Chemical Corporation (NYSE: WLK) today announced that its board of directors has appointed Johnathan Zoeller, 44, to serve as the company’s vice president and chief accounting officer. His appointment will become effective upon the retirement of his predecessor, George Mangieri, who, as previously disclosed, plans to retire from the company about March 31, 2020.
Feb 18, 2020 06:30 am ET
Westlake Chemical Corporation Reports Fourth Quarter and Full Year 2019 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended December 31, 2019 of $72 million, or $0.56 per diluted share, on net sales of $1,883 million. Net income in the fourth quarter of 2019 decreased by $51 million compared to fourth quarter 2018 net income of $123 million, or $0.95 per share, on net sales of $1,995 million. Income from operations of $102 million for the fourth quarter of 2019 decreased by $105 million from income from operations of $207 million for the fourth quarter of 2018. The de
Feb 14, 2020 05:26 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2625 per share for the fourth quarter of 2019. This dividend will be payable on March 10, 2020, to stockholders of record on February 25, 2020.
Feb 04, 2020 09:00 am ET
Westlake Chemical Announces Fourth Quarter and Full Year Earnings for 2019 Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2019 fourth quarter and full year earnings prior to the market opening on Tuesday, February 18, 2020. 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.
Jan 21, 2020 10:00 am ET
Royal® Building Products Celebrates 50 Years of Building and Staying Power with Innovative New Products at the 2020 International Builders’ Show (IBS)
Royal® Building Products, a Westlake company, will celebrate 50 years as a leading manufacturer of exterior building products, as well as the launch of new products and colors at the
Nov 15, 2019 04:40 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2625 per share for the third quarter of 2019. This dividend will be payable on December 10, 2019, to stockholders of record on November 26, 2019.
Nov 05, 2019 06:30 am ET
Westlake Chemical Corporation Reports Third Quarter 2019 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended September 30, 2019 of $158 million, or $1.22 per diluted share, on net sales of $2,066 million. Net income in the third quarter of 2019 decreased by $150 million, or $1.13 per share, compared to third quarter 2018 net income of $308 million, or $2.35 per share, on net sales of $2,255 million. Income from operations for the third quarter of 2019 of $226 million decreased by $170 million from income from operations of $396 million for the third qua
Oct 22, 2019 09:00 am ET
Westlake Chemical Announces Third Quarter 2019 Earnings Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2019 third quarter earnings prior to the market opening on Tuesday, November 5, 2019. 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.
Aug 29, 2019 12:00 pm ET
Royal® Building Products Partners with Alexandria Moulding for Celect® Cellular Composite Siding and Trim & Mouldings Distribution
Royal® Building Products, a Westlake Company, today announced that the company is expanding its relationship with Alexandria Moulding, a division of U.S. Lumber, as a preferred distributor of Royal® Trim & Mouldings and Celect® Cellular Composite Siding by Royal®
Aug 16, 2019 05:14 pm ET
Westlake Chemical Corporation Announces Five Percent Increase in Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2625 per share, an increase of 5 percent from the $0.2500 per share in the second quarter of 2019. This dividend will be payable on September 11, 2019, to stockholders of record on August 27, 2019.
Aug 06, 2019 06:30 am ET
Westlake Chemical Corporation Reports Second Quarter 2019 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended June 30, 2019 of $119 million, or $0.92 per diluted share, on net sales of $2,144 million. Net income in the second quarter of 2019 decreased by $159 million, or $1.20 per share, compared to second quarter 2018 net income of $278 million, or $2.12 per share, on net sales of $2,235 million. Income from operations for the second quarter of 2019 of $194 million decreased by $210 million from income from operations of $404 million for the second quar
Jul 23, 2019 08:00 am ET
Westlake Chemical Announces Second Quarter 2019 Earnings Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2019 second quarter earnings prior to the market opening on Tuesday, August 6, 2019. 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.
Jul 10, 2019 01:47 pm ET
Westlake Chemical Announces Pricing of Offering of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today that it has priced its previously announced underwritten public offering of EUR 700,000,000 aggregate principal amount of senior unsecured notes due 2029 (the “Notes”) under its existing shelf registration statement. The Notes will bear interest at a rate of 1.625% per annum and will mature on July 17, 2029. The sale of the Notes is scheduled to close on July 17, 2019, subject to customary closing conditions.
Jul 10, 2019 03:07 am ET
Westlake Chemical Announces Proposed Offering of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes (the “Notes”) under its existing shelf registration statement.
Jul 09, 2019 09:00 am ET
Royal® Building Products Launches PVC Column Wraps in Sand Dune
Royal® Building Products, a Westlake company, today announced the addition of the first color to their line of PVC
Jul 01, 2019 06:55 am ET
Westlake Announces Guidance for Second Quarter and Full-Year 2019 Financial Results
Westlake Chemical Corporation (NYSE: WLK), today announced net income, EBITDA, net sales and earnings per share guidance for its second quarter 2019 and full-year financial results. Based on currently available information, Westlake expects that second quarter EBITDA will improve by approximately 8 to 15 percent over results for the first quarter of 2019. Second quarter 2019 net income is expected to be in the range of $106 million to $123 million, with EBITDA projected between $340 million to $363 million, on net sales of $2.1 billion to $2.2 billion, and diluted earnings between $0.73 and $0
Jun 28, 2019 09:00 am ET
Royal® Building Products Launches Celect® Canvas Cellular Siding
Royal® Building Products, a Westlake company and leading manufacturer of exterior building products, has announced the launch of Celect® Canvas Cellular Siding, an unpainted version of its industry-leading cellular composite siding.
Jun 17, 2019 09:00 am ET
Royal® Building Products Introduces Cedar Renditions™ by Royal® Design Series Aluminum Siding to the U.S. Market
Royal® Building Products, a Westlake company, today announced that Cedar Renditions™ by Royal® Design Series, its line of premium aluminum siding, is now available in the United States. The streamlined, modern aesthetic of Cedar Renditions offers endless design possibil
Jun 10, 2019 06:30 am ET
Royal Building Products Announces Acquisition of DaVinci Roofscapes
Royal Building Products (USA), Inc. today announced that it has completed the acquisition of DaVinci Roofscapes, L.L.C. DaVinci™ began in 1999 and holds a leadership position as a supplier of premium composite roofing and siding. The company operates out of Lenexa, Kansas. Its products, which will continue to be sold under the DaVinci brand, will complement the existing premium products like Celect®, Zuri® and Cedar Renditions™ available from Royal Building Products.
May 17, 2019 05:15 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2500 per share. This dividend will be payable on June 12, 2019, to stockholders of record on May 29, 2019.
May 02, 2019 06:30 am ET
Westlake Chemical Corporation Reports First Quarter 2019 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended March 31, 2019 of $72 million, or $0.55 per diluted share, on net sales of $2,025 million. Net income decreased by $215 million compared to first quarter 2018 net income of $287 million, or $2.20 per diluted share. Income from operations for the first quarter of 2019 of $134 million decreased $267 million from income from operations of $401 million for the first quarter of 2018. The decrease was pr
Apr 18, 2019 08:00 am ET
Westlake Chemical Announces First Quarter 2019 Earnings Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2019 first quarter earnings prior to the market opening on Thursday, May 2, 2019. 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.
Mar 22, 2019 04:30 pm ET
Westlake Chemical Joins Global Alliance to End Plastic Waste
Westlake Chemical Corporation (NYSE: WLK), today announced the company has joined the Alliance to End Plastic Waste (AEPW), an organization launched in January 2019 to advance solutions to eliminate plastic waste in the environment, especially in the ocean.
Feb 22, 2019 07:50 am ET
New Research Coverage Highlights Avis Budget Group, Genesis Energy, Columbia Property Trust, Westlake Chemical, Tabula Rasa Healthcare, and ACM Research — Consolidated Revenues, Company Growth, and Ex
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Avis Budget Group, Inc. (NASDAQ:CAR), Genesis Energy, L.P. (NYSE:GEL),...
Feb 19, 2019 06:30 am ET
Westlake Chemical Corporation Reports Record 2018 Full-Year Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended December 31, 2018 of $123 million, or $0.95 per diluted share, on net sales of $1,995 million. Net income decreased by $679 million, or $5.20 per diluted share, compared to fourth quarter 2017 net income of $802 million, or $6.15 per diluted share, which included a one-time, non-cash tax benefit of $591 million, or $4.53 per diluted share, resulting from the reduced U.S. corporate income tax rate u
Feb 18, 2019 10:00 am ET
Royal® Building Products Inspires Pros to “Build Royal™” with New Colors, Innovative Products and Brand Positioning at International Builders' Show
Royal® Building Products, a Westlake company and leading manufacturer of exterior building products, will exhibit several new products and color options, as well as its new “Build Royal™” branding and booth design (#N913) at the 2019 NAHB International Builders’ Show® (IBS) in
Feb 15, 2019 05:05 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2500 per share. This dividend will be payable on March 13, 2019, to stockholders of record on February 27, 2019.
Feb 05, 2019 08:00 am ET
Westlake Chemical Announces Fourth Quarter and Full Year Earnings for 2018 Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2018 fourth quarter and full year earnings prior to the market opening on Tuesday, February 19, 2019. 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.
Jan 23, 2019 07:35 am ET
Consolidated Research: 2019 Summary Expectations for Post, Westlake Chemical, Repligen, Weingarten Realty Investors, AptarGroup, and At Home Group — Fundamental Analysis, Key Performance Indications
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Post Holdings, Inc. (NYSE:POST), Westlake Chemical Corporation (NYSE:WLK),...
Jan 02, 2019 09:06 am ET
Westlake Chemical Closes Purchase of NAKAN PVC Compounding Solutions Business
Westlake Chemical Corporation (NYSE: WLK) today completed the previously announced acquisition of NAKAN™, a global compounding solutions business.
Dec 18, 2018 12:00 pm ET
Royal® Building Products Unveils Its 2019 Exterior Color Trend of the Year
Royal® Building Products today announced Slatescape as its 2019 Exterior Color Trend of the Year. Evoking the hue of a storm-churned wave, Slatescape is a fresh take on the prominence of gray in exterior color trends in recent years. This mid-tone, blue-gray is a versatile shade that works equally well
Nov 16, 2018 04:30 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2500 per share. This dividend will be payable on December 11, 2018, to stockholders of record on November 27, 2018.
Nov 06, 2018 06:30 am ET
Westlake Chemical Corporation Reports Record Third Quarter 2018 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended September 30, 2018 of $308 million, or $2.35 per diluted share, on record net sales of $2,255 million. Net income increased $97 million, or $0.74 per diluted share, compared to third quarter 2017 net income of $211 million, or $1.61 per diluted share, on net sales of $2,109 million. Net income for the third quarter of 2018 increased versus the prior-year period primarily due to (1) higher sales pri
Oct 24, 2018 07:30 am ET
Consolidated Research: 2018 Summary Expectations for Airgain, Vanda Pharmaceuticals, Westlake Chemical, TransEnterix, Versum Materials, and Triumph Group — Fundamental Analysis, Key Performance Indica
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Airgain, Inc. (NASDAQ:AIRG), Vanda Pharmaceuticals Inc. (NASDAQ:VNDA),...
Oct 23, 2018 07:00 am ET
Westlake Chemical Announces Third Quarter 2018 Conference Call Information
Westlake Chemical Corporation (NYSE: WLK) will release its third quarter 2018 earnings prior to the market opening on Tuesday, November 6, 2018. 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.
Sep 25, 2018 08:00 am ET
Westlake Chemical Announces Offer to Acquire NAKAN PVC Compounding Solutions Business
Westlake Chemical Corporation (NYSE: WLK) announced today that it has issued an exclusive, binding offer to acquire NAKAN, a global compounding solutions business, from Los Angeles-based private equity firm, OpenGate Capital.
Aug 17, 2018 05:05 pm ET
Westlake Chemical Appoints New Director to Its Board
Westlake Chemical Corporation (NYSE:WLK) announced that Mr. John Chao has been appointed to the company’s board of directors.
Aug 17, 2018 04:55 pm ET
Westlake Chemical Announces Expansion of Existing Share Repurchase Program
The Board of Directors of Westlake Chemical Corporation (NYSE: WLK) on Friday, August 17, 2018, authorized the company to repurchase an additional $150 million of shares of its common stock under its existing share repurchase program. As of August 17, 2018, approximately 6.5 million shares of common stock had been acquired at an aggregate purchase price of approximately $360 million under the program. After this expansion of the size of the program, and as of the same date, an aggregate of approximately $290 million will be available for purchas
Aug 17, 2018 04:45 pm ET
Westlake Chemical Corporation Announces 19 Percent Increase in Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2500 per share, an increase of 19 percent from the $.2100 per share in the second quarter of 2018. The dividend will be payable on September 12, 2018 to stockholders of record on August 28, 2018.
Aug 09, 2018 09:00 am ET
Royal® Building Products Launches New Aluminum Profile, Cedar Renditions™ by Royal® Design Series
Royal® Building Products, a Westlake Company, today announced the introduction of the Cedar Renditions™ by Royal® Design Series, a 6” aluminum profile that offers a streamlined appearance for residential and light commercial projects. Included in the Royal® Alumipro Cedar Renditions™ product line, the Design Series is perfect for accent siding and provides exceptional curb appeal without the maintenance or flammability issues of wood.
Aug 02, 2018 06:30 am ET
Westlake Chemical Corporation Announces Second Quarter 2018 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended June 30, 2018 of $278 million, or $2.12 per diluted share. Net income attributable to Westlake increased $125 million, or $0.95 per diluted share, compared to second quarter 2017 net income attributable to Westlake of $153 million, or $1.17 per diluted share, primarily due to (1) higher sales prices for our major products, resulting in higher margins; (2) a lower effective tax rate resulting from t
Jul 30, 2018 06:30 am ET
Westlake Announces Increase in Target Distribution Thresholds for Incentive Distribution Rights (IDRs) of Westlake Chemical Partners LP
Westlake Chemical Corporation (“Westlake”) (NYSE: WLK) and Westlake Chemical Partners LP (the “Partnership”) (NYSE: WLKP) today announced that the board of directors of Westlake Chemical Partners GP LLC, the general partner of the Partnership, and Westlake approved an amendment (the “Amendment”) to the Partnership’s partnership agreement, pursuant to which the target distribution thresholds above which the Partnership’s incentive distribution rights (IDRs) held by Westlake are entitled to receive the corresponding portion of distributions paid b
Jul 30, 2018 06:30 am ET
Westlake Announces Increase in Target Distribution Thresholds for Incentive Distribution Rights (IDRs) of Westlake Chemical Partners LP
The Amendment was adopted in an effort to further strengthen the underlying value of the Partnership, improve its cost of capital, and enhance its long-term distribution growth prospects. The Amendment is immediately accretive to the Partnership’s cash flow per unit and coverage.
Jul 24, 2018 04:30 pm ET
Westlake Chemical Concludes Revolving Credit Agreement
Westlake Chemical Corporation (NYSE: WLK) announced today the amendment and extension of its $1 billion unsecured revolving credit agreement. The amended and extended revolving credit facility has extended the maturity date to July 2023 and replaces the previous $1 billion unsecured revolving facility which was scheduled to mature in August 2021. The revolving credit facility provides available liquidity for working capital and general corporate purposes for the company.
Jul 24, 2018 09:00 am ET
Easy-to-Install Royal® Building Products PVC Column Wraps Add Instant Curb Appeal
Royal® Building Products, a Westlake Company, today announced the launch of Royal Column Wraps, available in Traditional, Craftsman and Builder styles. These 100% cellular PVC column wraps feature a unique “clam shell” design with three pre-assembled sides that surrou
Jul 19, 2018 08:00 am ET
Westlake Chemical Announces Second Quarter 2018 Conference Call Information
Westlake Chemical Corporation (NYSE: WLK) will release its second quarter 2018 earnings prior to the market opening on Thursday, August 2, 2018. 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.
Jun 12, 2018 07:35 am ET
New Research: Key Drivers of Growth for Global Payments, Patterson-UTI Energy, Celanese, Westlake Chemical, Las Vegas Sands, and American Express — Factors of Influence, Major Initiatives and Sustaine
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Global Payments Inc. (NYSE:GPN), Patterson-UTI Energy, Inc. (NASDAQ:PTEN),...
May 18, 2018 04:54 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2100 per share. The dividend will be payable on June 13, 2018, to stockholders of record on May 30, 2018.
May 18, 2018 04:30 pm ET
Mark McCollum Elected to Westlake Chemical Corporation Board
Westlake Chemical Corporation (NYSE:WLK) today announced that Mr. Mark McCollum has been elected to serve on the company’s board of directors as a new member. Mr. McCollum was elected to serve a three-year term on the board at the company’s Annual Meeting of Stockholders, held today.
May 03, 2018 06:30 am ET
Westlake Chemical Corporation Announces Record First Quarter 2018 Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to the Company of $287 million, or $2.20 per diluted share, on net sales of $2,150 million. This represents an increase of $149 million, or $1.14 per diluted share, compared to the first quarter of 2017 net income of $138 million, or $1.06 per diluted share, on net sales of $1,943 million. Net income for the first quarter of 2018 increased versus the prior-year period primarily due to (1) higher sales prices for major products, resultin
Apr 30, 2018 05:30 pm ET
Westlake Chemical Corporation Appoints Roger Kearns as Executive Vice President, Vinyls Chemicals
Westlake Chemical Corporation (NYSE:WLK) announced today that Mr. Roger Kearns has joined the company as Executive Vice President, Vinyls Chemicals, reporting to Mr. Albert Chao, Westlake’s President and CEO. In this role, Mr. Kearns will be responsible for Westlake’s chlor-alkali, derivatives, and PVC businesses in North America, Europe and Asia.
Apr 19, 2018 09:00 am ET
Westlake Chemical Announces First Quarter 2018 Conference Call Information
Westlake Chemical Corporation (NYSE: WLK) will release its first quarter 2018 earnings prior to the market opening on Thursday, May 3, 2018. 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.
Mar 22, 2018 09:00 am ET
Royal® Building Products Features New Trim and Mouldings products, Celect® Cellular Composite Siding and ZuriTM Premium Decking at 2018 JLC Live
Royal® Building Products, a Westlake Company, continues its commitment to quality and innovation in the exterior building products category with the introduction of new trim and mouldings products, at the JLC LIVE Residential Construction Show in Providence, RI, March 22-24, 2018. Celect® Cellular Composite Siding by Royal®, the premier siding and trim solution, as well as Zuri™ Premium Decking, will be on display.
Mar 19, 2018 06:30 am ET
Westlake Chemical Announces Optional Redemption of $450 Million of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) today announced that notices of redemption have been delivered for the optional redemption of all of the outstanding Westlake 4.875% Senior Notes due 2023 ($433,793,000 aggregate principal amount) and all of the outstanding Axiall Corporation 4.875% Senior Notes due 2023 ($16,207,000 aggregate principal amount) (collectively, the “2023 Notes”). The 2023 Notes will be optionally redeemed on May 15, 2018 at a redemption price equal to 102.438% of the principal amount of 2023 Notes plus accrued
Feb 20, 2018 08:00 am ET
New Research Coverage Highlights WESCO International, Community Healthcare Trust, Rollins, Pandora Media, Teleflex, and Westlake Chemical — Consolidated Revenues, Company Growth, and Expectations for
NEW YORK, Feb. 20, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of WESCO International, Inc. (NYSE:WCC), Community Healthcare...
Feb 20, 2018 08:00 am ET
Westlake Chemical Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 20, 2018 / Westlake Chemical Corporation (NYSE: WLK) will be discussing their earnings results in their Q4 Earnings Call to be held on February 20, 2018 at 11:00 AM Eastern Time.
Feb 20, 2018 06:30 am ET
Westlake Chemical Corporation Announces Record 2017 Fourth Quarter and Full Year Results
Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported record net income attributable to the Company for the three months ended December 31, 2017 of $802 million, or $6.15 per diluted share, on net sales of $2,010 million. Net income for the fourth quarter of 2017 included a one-time, non-cash tax benefit of approximately $591 million, or $4.53 per diluted share. The Tax Cuts and Jobs Act (the "Tax Act"), enacted on December 22, 2017, reduced the U.S. federal income tax rate for corporations from 35% to 21% effect
Feb 19, 2018 06:30 am ET
Westlake Chemical to Expand Chlor-Alkali, PVC and VCM Capacities at Facilities in Germany and Louisiana
Westlake Chemical Corporation (NYSE: WLK) today announced that it will expand capacities for the production of polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) at three of its chemical facilities. Two of the plants are located in Germany (Burghausen, Gendorf) and one is located in Geismar, Louisiana. The expansions in Burghausen and Geismar are expected to be completed in 2019. The Gendorf expansions are expected to be completed in 2020 and 2021.
Feb 16, 2018 06:30 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2100 per share. The dividend will be payable on March 13, 2018, to stockholders of record on February 27, 2018.
Feb 06, 2018 08:00 am ET
Westlake Chemical Announces Fourth Quarter and Full Year Earnings for 2017 Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2017 fourth quarter and full year earnings prior to the market opening on Tuesday, February 20, 2018. 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.
Jan 16, 2018 09:00 am ET
Royal® Building Products Reveals 2018 Exterior Color Palette of the Year
Royal® Building Products, a Westlake company, today announced its 2018 Exterior Color Palette of the Year. As a design leader in the market, Royal chose its color palette to work with a variety of complementary colors, siding and trim styles. This year’s palette features the most on-trend color combinations of Brownstone, Heritage Blue, Harvard Slate, Weathered Gray, Storm and Sterling.
Jan 09, 2018 09:00 am ET
Royal® Building Products Continues to Innovate with New Trim Product, Conceal™ Column Wraps, at International Builders Show
Royal® Building Products, a Westlake company, continues its commitment to quality and innovation in the exterior building products category with the introduction of its Conceal™ Column Wraps at the 2018 International Builders’ Show. Celect® Cellular Composite Siding by Royal®, the premier siding and trim solution, as well as Zuri™ Premium Decking, will be on display.
Jan 08, 2018 06:30 am ET
Westlake Chemical Appoints New Directors to Its Board
Westlake Chemical Corporation (NYSE:WLK) announced that Mr. Jeffrey Sheets, Mr. Marius Haas, and Mr. David Chao, have been appointed to the company’s board of directors.
Dec 18, 2017 04:30 pm ET
Westlake Chemical Announces Delivery of Redemption Notices for Optional Redemption of $688 Million of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) today announced that notices of redemption have been delivered for the optional redemption of all of the outstanding Westlake 4.625% Senior Notes due 2021 ($624,793,000 aggregate principal amount) and all of the outstanding Eagle Spinco Inc. 4.625% Senior Notes due 2021 ($63,207,000 aggregate principal amount) (collectively, the “2021 Notes”). The 2021 Notes will be optionally redeemed on February 15, 2018 at a redemption price equal to 102.313% of the principal amount of 2021 Notes plus
Dec 04, 2017 07:50 am ET
Analysis: Positioning to Benefit within Pandora Media, Teleflex, Westlake Chemical, WESCO International, Community Healthcare Trust, and Rollins — Research Highlights Growth, Revenue, and Consolidated
NEW YORK, Dec. 04, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Pandora Media, Inc. (NYSE:P), Teleflex...
Nov 29, 2017 04:30 pm ET
Westlake Chemical Announces Closing of Offering of 4.375% Senior Notes due 2047 and Remarketing of 3.50% Tax-Exempt Bonds due 2032
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) today announced that it has closed its previously announced underwritten public offering of $500 million aggregate principal amount of 4.375% Senior Notes due 2047 (the “Notes”) and the remarketing of $250 million aggregate principal amount of the 3.50% Louisiana Local Government Environmental Facilities and Community Development Authority Revenue Refunding Bonds (Westlake Chemical Corporation Projects), Series 2017 (GO Zone)(Non-AMT) (the “Refunding Bonds”). Westlake issued $250 million agg
Nov 21, 2017 05:47 pm ET
Westlake Chemical Announces Pricing of ReOffering of Tax-Exempt Bonds
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today that it has priced its previously announced remarketing (“Remarketing”) of Louisiana Local Government Environmental Facilities and Community Development Authority (the “Authority”) Revenue Refunding Bonds (Westlake Chemical Corporation Projects), Series 2017 (the “2017 Revenue Refunding Bonds”) of $250.0 million aggregate principal amount of due 2032. The 2017 Revenue Refunding Bonds will bear interest at a rate of 3.50% per annum and will mature on November 1, 2032. In conne
Nov 17, 2017 04:47 pm ET
Westlake Chemical Corporation Declares Quarterly Dividend
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2100 per share. The dividend will be payable on December 11, 2017 to stockholders of record on November 27, 2017.
Nov 13, 2017 05:25 pm ET
Westlake Chemical Announces Pricing of Offering of Senior Notes
Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today that it has priced its previously announced underwritten public offering of $500.0 million aggregate principal amount of senior unsecured notes due 2047 (the “Notes”) under its existing shelf registration statement. The Notes will bear interest at a rate of 4.375% per annum and will mature on November 15, 2047. The sale of the Notes is scheduled to close on November 28, 2017, subject to customary closing conditions.
Nov 13, 2017 08:52 am ET
Westlake Chemical Announces Proposed Offering of Senior Notes
Westlake Chemical Corporation (NYSE:WLK) (“Westlake”) announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes (the “Notes”) under its existing shelf registration statement.
Nov 07, 2017 06:30 am ET
Westlake Chemical Corporation Announces Record Third Quarter 2017 Earnings
Westlake Chemical Corporation (NYSE: WLK) today reported record net income for the three months ended September 30, 2017 of $210.8 million, or $1.61 per diluted share, on record net sales of $2,108.9 million. Net income attributable to Westlake Chemical Corporation increased $145.1 million, or $1.10 per diluted share, compared to third quarter 2016 net income attributable to Westlake Chemical Corporation of $65.7 million, or $0.51 per diluted share, on net sales of $1,279.0 million. Net income for the third quarter of 2017 increased versus the p
Nov 03, 2017 08:25 am ET
New Research Coverage Highlights Moody's, Westlake Chemical, Harris Corporation, Unum Group, Lear, and Avangrid – Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, Nov. 03, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Moody's Corporation (NYSE:MCO), Westlake Chemical Corporation...
Oct 17, 2017 08:00 am ET
Westlake Chemical Announces Third Quarter 2017 Conference Call
Westlake Chemical Corporation (NYSE: WLK) will release its 2017 third quarter earnings prior to the market opening on Tuesday, November 7, 2017. 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.
Apr 19, 2017 04:05 pm ET
CORRECTION: Westlake Chemical Corporation Announces First Quarter 2017 Earnings Conference Call
Houston, April 19, 2017 (GLOBE NEWSWIRE) -- CORRECTION:  Westlake Chemical Corporation Announces First Quarter 2017 Earnings Conference Call...
Feb 07, 2017 08:00 am ET
Oct 25, 2016 08:00 am ET
Westlake Chemical Corporation Announces Third Quarter 2016 Earnings Conference Call
HOUSTON, Oct. 25, 2016 (GLOBE NEWSWIRE) -- Westlake Chemical Corporation (NYSE:WLK) will release its 2016 third quarter earnings prior to the market opening on Tuesday, November 8, 2016. 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....
Jul 20, 2016 04:15 pm ET
Westlake Chemical Corporation Announces Second Quarter 2016 Earnings Conference Call
HOUSTON, July 20, 2016 (GLOBE NEWSWIRE) -- Westlake Chemical Corporation (NYSE:WLK) will release its 2016 second quarter earnings after the market closes on Thursday, July 28, 2016. The company will host a conference call at 5:00 p.m. Eastern Time (4:00 p.m. Central Time) on the same day to discuss the earnings release....
Jun 28, 2016 03:20 pm ET
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Axiall Corporation Regarding the Sale of the Company to Westlake Chemical Corporation - AXLL
NEW YORK, June 28, 2016 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Axiall Corporation (NYSE: AXLL) ("Axiall" or "the Company") in connection with the sale of the Company to Westlake Chemical Corporation (NYSE: WLK). Under the terms of the transaction, Axiall shareholders will receive $33.00 in cash for each share of Axiall stock they own.
Jun 14, 2016 12:32 pm ET
Jun 13, 2016 03:00 pm ET
AXIALL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Axiall Corporation
NEW ORLEANS, June 13, 2016 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Axiall Corporation ("Axiall" or the "Company") (NYSE: AXLL) to Westlake Chemical Corporation (NYSE: WLK). Under the terms of the proposed transaction, shareholders of Axiall will receive only $33.00 in cash for each share of Axiall that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Compa
Jun 10, 2016 10:16 am ET
Westlake Chemical to Acquire Axiall Corporation for $33.00 Per Share in All-Cash Transaction
HOUSTON and ATLANTA, June 10, 2016 /PRNewswire/ -- Westlake Chemical Corporation (NYSE: WLK) and Axiall Corporation (NYSE: AXLL) today announced that they have entered into a definitive agreement under which Westlake will acquire all of the outstanding shares of Axiall for $33.00 per share in an all-cash transaction, representing an enterprise value of approximately $3.8 billion, including debt and certain other Axiall liabilities.  The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to be completed by the fourth quarter of 2016.

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