HOUSTON, April 3, 2008 /PRNewswire-FirstCall/ -- Westlake Chemical Corporation (NYSE: WLK) announced today the promotion of Jeffrey L. Taylor, 54, currently the company's Vice President, Polyethylene, to the position of Senior Vice President, Polyethylene. In addition to directing the company's expanded polyethylene business he will also coordinate the "center of excellence" for corporate-wide logistics activities.
Mr. Taylor has been with Westlake Chemical Corporation since 2002 and has over 30 years of technical, sales and business management experience in the petrochemical and polymers industry. Prior to joining Westlake he was the Vice President, Polyethylene (Americas) for Chevron Phillips Chemical.
Mr. Taylor holds B.S. degrees in Business Administration and Mathematics from the University of Delaware.
Albert Chao, President and CEO, stated, "Jeff's leadership skills and strong knowledge of the global polyethylene industry will continue to allow Westlake to provide the highest degree of service and quality to our customers and added value to our shareholders."
Westlake Chemical Corporation is a vertically integrated international manufacturer and supplier of petrochemicals, polymers and fabricated products with headquarters in Houston, Texas. The company's range of products includes ethylene, polyethylene, styrene, EDC, VCM, PVC and PVC pipe and PVC windows, fence and decking components. More information about the company may be found at www.westlake.com .
The statements in this release relating to matters that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Actual results could differ materially, based on factors including, but not limited to: the cyclical nature of the chemical industry; availability, cost and volatility of raw materials and utilities; governmental regulatory actions and political unrest; global economic conditions; industry production capacity and operating rates; the supply/demand balance for Westlake's products; competitive products and pricing pressures; access to capital markets; technological developments; and other risk factors. For more detailed information about the factors that could cause actual results to differ materially, please refer to Westlake's Annual Report on Form 10-K for the year ended December 31, 2006, which was filed in February 2007.