Westlake Chemical Declares Quarterly Dividend of 5 Cents per Share

Westlake Chemical Declares Quarterly Dividend of 5 Cents per Share

HOUSTON, Feb. 18 /PRNewswire-FirstCall/ -- The board of directors of Westlake Chemical Corporation (NYSE: WLK) declared on Friday a dividend of 5 cents per share, payable on March 17, 2008, to stockholders of record on February 29, 2008.

This is the 14th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.

Westlake Chemical Corporation is a manufacturer and supplier of petrochemicals, polymers and fabricated products with headquarters in Houston, Texas. The company's range of products includes: ethylene, polyethylene, styrene, propylene, caustic, VCM, PVC and PVC pipe, windows and fence. For more information, visit the company's Web site at http://www.westlake.com.

SOURCE  Westlake Chemical Corporation
    -0-                             02/18/2008
    /CONTACT:  Media Relations, David R. Hansen, or Investor Relations, Steve
Bender, both of Westlake Chemical Corporation, +1-713-960-9111/
    /Web site:  http://www.westlake.com /
    (WLK)

CO:  Westlake Chemical Corporation
ST:  Texas
IN:  CHM
SU:  DIV

AB-AX
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6465 02/18/2008 06:00 EST http://www.prnewswire.com

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