Visit us in booth 206 and find out how we’re setting the standard for municipal waterworks and sewer infrastructure with corrosion-resistant piping systems that are cost efficient.
Today Westlake Corporation (NYSE: WLK) announced that Westlake Compounds LLC has been awarded the esteemed EcoVadis Bronze Medal for its commitment to improved environmental sustainability and management. This accolade places Westlake Compounds LLC among the top 35% of companies assessed by EcoVadis globally. EcoVadis granted Westlake Compounds LLC the Bronze Medal following a third-party assessment of Westlake Global Compounds’ performance at its North American sites. This achievement is a testament to Westlake Corporation’s dedication to implementing and maintaining responsible business practices throughout its international operations. EcoVadis, the world’s largest and most trusted provider of business sustainability ratings, evaluates more than 75,000 companies in over 160 countries across 200 industries. The organization’s rigorous assessment methodology covers four key areas: environment, labor and human rights, ethics, and sustainable procurement. “Receiving the EcoVadis Bronze
$0.4714 per unit distribution declared payable on February 25, 2025 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 42nd quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on February 25, 2025, to unit holders of record on February 7, 2025. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of the Partnership’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. About Westlake Chemical Partners LP Westlake
Westlake Innovations, Inc., a subsidiary of Westlake Corporation (NYSE: WLK), today announced the company has invested in Universal Matter, Inc . The Burlington, Ontario-based company’s vision is to become the leading supplier of high-quality and sustainable graphene and advanced materials to help decarbonize the planet. Westlake’s action builds upon the company’s commitment to helping develop a more sustainable future through continuous improvement its own manufacturing as well as strategic investments in innovative technologies and startup firms. Universal Matter has pioneered and patented Flash Joule Heating (FJH) technology that allows for cost-effective, industrial-scale upcycling of carbon waste streams into high-quality graphene and graphitized carbon. First developed at Rice University, Universal Matter’s FJH technology creates graphene that is tunable across 1D, 2D, and 3D morphologies, granting superior properties that are critical for large industrial applications.
In November, the Vinyl Institute (VI) recognized several Westlake sites for Outstanding Health, Safety and Environmental performance during calendar year 2023. According to a press release issued by the Vinyl Institute, these awards “are given to VI-member companies for protecting the environment and improving worker safety at manufacturing facilities throughout the United States and Canada.” Erik Keracik, vice president, Westlake North American Vinyls, attended the VI’s annual meeting in November and received the awards on behalf of Westlake. Erik recently assumed his role as chairman of the VI for 2025.
Receiving safety recognition reflects the commitment and hard work of Westlake employees to keep Westlake’s core value of safety at the forefront every day. Westlake founder T.T. Chao stated, “We have put safety first, and it will remain our number one priority. No job can be so important or urgent that people cannot take time to work safely. Life is precious and irreplaceable."
See below for the full list of Westlake sites that received recognition from the Vinyl Institute for their Health, Safety, and Environmental performance throughout 2023.
Safety Excellence Award
Awarded in recognition of plants with five or more consecutive years with no recordable incidents.
Safety Honor Award
Awarded in recognition of plants with no recordable incidents for calendar year 2023.
Environmental Excellence Award
The Vinyl Institute describes plants that receive this award as having “an outstanding track record of performance for five or more consecutive years under EPA's National Emission Standards of Hazardous Air Pollutants (NESHAPs), and other environmental permit requirements.”
Environmental Honor Award
This award, presented to only two plants overall, requires emissions reduction under the NESHAPs, the Comprehensive Environmental Response, Compensation, and Liability Act, and EPA's Toxics Release Inventory data for air and water.
In November, the Vinyl Institute (VI) recognized several Westlake sites for Outstanding Health, Safety and Environmental performance during calendar year 2023. According to a press release issued by the Vinyl Institute, these awards “are given to VI-member companies for protecting the environment and improving worker safety at manufacturing facilities throughout the United States and Canada.” Erik Keracik, vice president, Westlake North American Vinyls, attended the VI’s annual meeting in November and received the awards on behalf of Westlake.
<p class="text-align-justify" style="line-height:normal;margin-bottom:0in;"><span style="font-family:"Times New Roman",serif;">Mr. Cregg has been a director since December 2024. Mr. Cregg served as President, Chief Executive Officer and Director of AV Homes, Inc., from December 2012 until its sale to Taylor Morrison Homes in October 2018. From August 2011 through November 2012, he served as Senior Vice President of Finance and Chief Financial Officer of The ServiceMaster Company. He served as Executive Vice President and Chief Financial Officer of PulteGroup, Inc. (formerly known as Pulte Homes, Inc.) from May 2003 to May 2011; and as Senior Vice President and Chief Financial Officer of PulteGroup, Inc. from January 1998 to May 2003. Mr. Cregg also served as Executive Vice President and Chief Financial Officer of Zenith Electronics Corporation from 1996 to 1998; Vice President and Chief Financial Officer of Sweetheart Cup Company, Inc. from 1990 to 1996; and Vice President of Mead Corporation from 1989 to 1990. Mr. Cregg began his career at Continental Can Company, where he held a variety of accounting, finance, and administration roles. Mr. Cregg has served on the Board of Directors of Comerica Incorporated since December 2006, the Board of Directors of Sterling Infrastructure Inc. since May 2019 and the Board of Directors of Minto Group since July 2024. Previously, Mr. Cregg served on the Board of Directors of the Federal Reserve Bank of Chicago, Detroit Branch, from January 2004 to December 2009. Mr. Cregg received a bachelor’s of science degree in accounting from Northeastern University and an M.B.A from J.L. Kellogg Graduate School of Management at Northwestern University. </span></p>
Mr. Roger A. Cregg has been appointed to Westlake Corporation's board of directors.
Join Westlake Royal Building Products at the International Builders Show in Las Vegas, NV on February 25-27, 2025.
