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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:

Approx. 16,000
(year-end 2022)

Revenues
(2022):

Approx.
$15.8 billion

News & Stories

Corporate & Financial Graphic
Westlake Corporation Declares Quarterly Dividend

$0.357 per share dividend declared payable on June 8, 2023 The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.357 per share for the first quarter of 2023. This dividend will be payable on June 8, 2023, to stockholders of record on May…

05/12/2023
Corporate & Financial Graphic
Westlake Chemical Partners LP Announces First Quarter 2023 Results

Declared quarterly distribution of $0.4714 per unit; 35 th consecutive quarterly distribution Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2023 of $14.9 million, or $0.42 per limited partner unit…

05/04/2023
Corporate & Financial Graphic
Westlake Corporation Reports First Quarter 2023 Results

Net income of $394 million increased 70% from fourth quarter 2022 Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced first quarter 2023 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data)     Three Months Ended March 31, 2023   Three Months…

05/04/2023
Corporate & Financial Graphic
Westlake Chemical Partners LP Announces First Quarter 2023 Distribution

$0.4714 per unit distribution declared payable on May 26, 2023 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 35th quarterly…

05/02/2023
Corporate & Financial Graphic
Westlake Chemical Partners Appoints Lisa Friel to Board of Directors

Westlake Chemical Partners (NYSE: WLKP) today announced that Ms. Lisa A. Friel has been appointed to the board of directors of its general partner, Westlake Chemical Partners GP LLC. She will replace Ms. Angela A. Minas, who previously informed the company that she would resign from the board…

04/27/2023

Westlake Corporation

NYSE: WLK

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