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… Record first quarter Housing and Infrastructure Products (HIP) income from operations of $210 million with a 20% operating income margin HIP EBITDA of $264 million rose 29% year-over-year with a record first quarter EBITDA margin of 25% PEM sales …
… Record first quarter Housing and Infrastructure Products (HIP) income from operations of $210 million with a 20% operating income margin HIP EBITDA of $264 million rose 29% year-over-year with a record first quarter EBITDA margin of 25% PEM sales …
… HIGHLIGHTS (in millions of dollars, except per share data and percentages) Three Months Ended March … by the strength of our brands and leading supply positions with fast-growing customers in these markets," said Jean-Marc … completed its planned turnaround last month, and with no further major planned turnarounds we expect our …
… the second quarter of 2019. The decreases in net income and operating income were primarily due to the global … administrative expenses as well as lower costs associated with planned turnarounds. Net income was further impacted by … administrative expenses, as well as lower costs associated with planned turnarounds, restructuring, transaction and …
… the fourth quarter of 2019. The increases in net income and income from operations were primarily due to higher sales … higher contributions from our ethylene joint venture with Lotte Chemical ("LACC"), a lower effective tax rate and … two powerful hurricanes that hit Southwest Louisiana. With our operations restored in the middle of the fourth …
… impacted by: pre-tax unabsorbed fixed manufacturing costs and other costs associated with the turnaround of the Lake Charles, Louisiana vinyls … or $0.19 per diluted share, and the lost sales associated with such turnarounds and outages; the pre-tax impact of …
… 20% 35% 28% 31% Performance and Essential Materials ("PEM") Segment Net … in global fuel and power prices continued, which, along with inflationary pressures, impacted global demand across … and are confident in the fundamentals of our businesses. With approximately 85% of our Performance and Essential …
… Record Housing and Infrastructure Products (HIP) annual income from … segment. While company-wide sales were relatively flat with the prior-year period, Westlake was able to increase … Products net sales of $0.7 billion was in line with 2023 as higher sales volume offset lower average sales …
… 25% 19% 32% Performance and Essential Materials ("PEM") Segment Net … same period of time. EXECUTIVE COMMENTARY "We are pleased with our first quarter of 2023 financial results, which … from the fourth quarter of 2022 in each of our segments, with increasing demand for PVC and epoxy resins and for our …
… 25% 19% 32% Performance and Essential Materials ("PEM") Segment Net … same period of time. EXECUTIVE COMMENTARY "We are pleased with our first quarter of 2023 financial results, which … from the fourth quarter of 2022 in each of our segments, with increasing demand for PVC and epoxy resins and for our …