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Westlake Growth Drives Changes to its Business Segments

Westlake, a global diversified industrial company, has changed its business segments from Olefins and Vinyls to Westlake Performance & Essential Materials and Westlake Housing & Infrastructure Products in order to better reflect its portfolio offerings and recognize the growth of our business. Our businesses offer customers around the world essential and more sustainable products and materials that enhance people's lives every day.

Both of our new business segments, which are now under a more simplified and streamlined "One Westlake" brand, are vital parts of our Corporate Purpose of driving a sustainable future by creating essential materials that contribute to Enhancing Your Life Every Day®. While the renewed Westlake brand recognizes the growing composition of our business, it does not change our foundational commitments to delivering the highest quality and service to our customers. We continue to offer our employees a family environment where safety and sustainability are at the forefront of everything we do.

Learn more about our "One Westlake" brand

Fast Facts

Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. We provide the building blocks for vital solutions —  from packaging and healthcare products to automotive and consumer goods to building and construction products.

Total
Employment:

14,550
(year-end 2021)

Revenues
(2021):

Approx.
$11.8 billion

News & Stories

Westlake Corp Announces Quarterly Dividend
Westlake Corporation Declares Quarterly Dividend

$0.2975 cents per share dividend declared payable on June 7, 2022 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…

05/13/2022
Corporate & Financial Image
Westlake Chemical Partners LP Announces First Quarter 2022 Results

Declared quarterly distribution of $0.4714 per unit; 31 st consecutive quarterly distribution Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2022 of $16.2 million, or $0.46 per limited partner unit…

05/03/2022
Corporate & Financial Image
Westlake Corporation Reports Record First Quarter 2022 Results

Record quarterly net sales of $4.1 billion, an increase of 72% vs. first quarter 2021 net sales Record quarterly net income of $756 million, an increase of 212% vs. first quarter 2021 net income Record quarterly EBITDA of $1.3 billion, an increase of 135% vs. first quarter 2021 EBITDA Expanded…

05/03/2022
Corporate & Financial Image
Westlake Chemical Partners LP Announces First Quarter 2022 Distribution

$0.4714 cents per unit distribution declared payable on May 26, 2022 The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 31st quarterly…

05/02/2022
Westlake Corp. Corporate & Financial News
Westlake Chemical Partners Announce First Quarter 2022 Earnings Conference Call

Westlake Chemical Partners (NYSE: WLKP) 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 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the earnings release. To access the…

04/20/2022

Westlake Corporation

NYSE: WLK

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