Westlake Chemical Partners LP Announces Fourth Quarter and Full Year 2019 Results

Record annual net income attributable to the Partnership of $61.0 million; record annual MLP distributable cash flow of $73.2 million Record annual production at OpCo Increased quarterly cash distribution in the fourth quarter by 1.5% sequentially, or 6% annualized, compared to the third quarter 2019 distribution, to $0.4714 per unit, the 20th consecutive quarterly increase in distributions Feb. 18, 2020- Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership of $17.4 million, or $0.49 per limited partner unit, for the three months ended December 31, 2019, an increase of $5.5 million compared to fourth quarter 2018 net income attributable to the Partnership of $11.9 million. The increase in net income attributable to the Partnership was primarily due to the Partnership's increased ownership interest in Westlake Chemical OpCo LP ("OpCo") resulting from the acquisition of an additional 4.5% interest in OpCo in the first

Westlake Chemical Appoints Johnathan Zoeller Chief Accounting Officer

Feb. 18, 2020- 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. Mr. Zoeller joined Westlake in August 2018, as vice president and corporate controller. With over 19 years of public accounting experience, Mr. Zoeller previously was an audit partner with KPMG in its Houston office, where he was responsible for clients in the chemicals, oilfield services and oil/gas exploration and production industries. Mr. Zoeller, a Certified Public Accountant, began his career with Arthur Andersen LLP in 1998. He holds bachelor’s and master’s degrees in accounting from the University of Mississippi. “We are extremely grateful to George for his nearly 20 years of service to Westlake

Westlake Chemical Corporation Reports Fourth Quarter and Full Year 2019 Results

Record sales volumes in 2019 Feb. 18, 2020- 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 decreases in net income and income from operations versus the prior-year period were primarily due to lower global sales prices for our major products resulting from ongoing international trade uncertainties and slower global economic growth, partially offset by lower purchased ethylene, ethane feedstock and fuel costs. Net income for the fourth quarter

Westlake Chemical Partners LP Filed Annual Report

Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on February 28, 2020. A copy of this 10-K may be found on the Partnership's website, www.wlkpartners.com , by selecting the "Investor Relations" tab, then "SEC 10-K Filings." Unitholders of the Partnership may receive a hard copy of its Annual Report on Form 10-K, including complete audited financial statements, free of charge. Requests should be submitted in writing to Westlake Chemical Partners LP – 2019 Form 10-K, 2801 Post Oak Blvd., Suite 600, Houston, TX 77056. About Westlake Chemical Partners LP Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP. Westlake

Westlake Chemical Partners LP Announces Recommencement of At-The-Market Program

Westlake Chemical Partners LP (NYSE: WLKP) (the “Partnership”) today announced the recommencement of its At-The-Market program under its Equity Distribution Agreement (as amended, the “Agreement”) with UBS Investment Bank; Barclays; BofA Securities; Citigroup; Deutsche Bank Securities; RBC Capital Markets; and Wells Fargo Securities (collectively, the “Managers”). Pursuant to the terms of the Agreement, the Partnership may offer and sell common units representing limited partner interests in the Partnership (the “Common Units”) from time to time to or through the Managers, as the Partnership’s sales agents or as principals, having an aggregate offering amount of up to $50,000,000. The Partnership intends to use the net proceeds of sales of the Common Units for general partnership purposes, including the funding of potential drop-downs and other acquisitions. The Common Units will be offered and sold pursuant to a shelf registration statement on Form S-3 filed by the Partnership with

Westlake Chemical Partners Selects Steve Finley to Join Board of Directors

Mar. 24, 2020- Westlake Chemical Partners LP (NYSE: WLKP) today announced that Mr. G. Stephen Finley has been appointed to the board of directors of its general partner, Westlake Chemical Partners GP LLC. He will replace Mr. Max L. Lukens, who previously informed the company that he would retire from the board upon the selection of his successor. Mr. Finley was senior vice president, finance and administration, and chief financial officer of Baker Hughes Incorporated from April 1999 until his retirement in April 2006. Previously, he held various financial and administrative management positions with the company from 1982 to 1999. "We are most grateful to Max for his service and wish him the best in his retirement. He has served as a director of the general partner since it was formed in 2014. In addition, he has served on the board of the partnership’s sponsor, Westlake Chemical Corporation, since we took that company public in 2004,” said James Chao, Chairman of Westlake Chemical

Westlake Contributes $1 Million to Greater Houston COVID-19 Recovery Fund

Apr. 16, 2020- 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. “As part of the Houston community, which has been Westlake’s home and given us so much, we feel it is a privilege to help in a time or need,” said Westlake President and CEO Albert Chao, who is also president of the charitable foundation established in 1999 by the Chao family. In addition to this financial contribution, Westlake sites around the globe and the Ting Tsung and Wei Fong Chao Foundation have both donated personal protective equipment to hospitals and provided financial

Westlake Chemical Partners Announce First Quarter 2020 Conference Call

Apr. 20, 2020- Westlake Chemical Partners (NYSE: WLKP) 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 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the earnings release. To access the conference call, dial (855) 765-5686, or (234) 386-2848 for international callers, approximately 10 minutes prior to the scheduled start time and reference passcode 6470789. The conference call will also be available via webcast at https://edge.media-server.com/mmc/p/pz3nynuo and the earnings release can be obtained via the company's Web page at, http://investors.wlkpartners.com/CorporateProfile . A replay of the conference call will be available beginning two hours after its conclusion for seven days. To hear a replay, dial (855) 859-2056 or (404) 537-3406 for international callers. The replay passcode is 6470789. About Westlake Chemical Partners: Westlake Chemical Partners is a

Westlake Chemical Announces First Quarter 2020 Earnings Conference Call

Apr. 20, 2020- 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. To access the conference call, dial (855) 760-8160, or (704) 288-0624 for international callers, approximately 10 minutes prior to the scheduled start time and reference passcode 5672078. The conference call will also be available via webcast at https://edge.media-server.com/mmc/p/ksc4zxqo and the earnings release can be obtained via the company’s Web page at https://www.westlake.com/investor-relations . A replay of the conference call will be available beginning two hours after its conclusion for seven days. To hear a replay, dial (855) 859-2056 or (404) 537-3406 for international callers. The replay passcode is 5672078. About Westlake: Westlake is a global manufacturer and supplier of

Westlake Chemical Partners LP Announces First Quarter 2020 Distribution

$0.4714 cents per unit distribution declared payable on May 26, 2020 Apr. 30, 2020- 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 by the Partnership of $0.4714 per unit. This is the 23rd quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on May 26, 2020, to unit holders of record on May 11, 2020. “The strength of the Partnership’s stable and predictable cash flows from 95% of its production at a fixed margin insulated from commodify price risk to its investment grade parent provides flexibility in the uncertain current economic environment caused by COVID-19,” stated Albert Chao, President and Chief Executive Officer of Westlake Chemical Partners GP LLC. “This allows us to maintain our distribution at our prior quarter level to build cash and avoid creating any capital market needs in the