$0.4714 cents per unit distribution declared payable on February 19, 2021 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 26th consecutive quarterly distribution announced by…
Westlake Significantly Expands its Presence in the Growing North American Home Construction Materials Markets by Acquiring Boral’s North American Building Products Businesses
- Westlake Chemical Corporation will acquire Boral Ltd.’s North American building products businesses for $2.15 billion
- Acquisition will nearly double Westlake’s building products business by adding leading brands in the premium roofing; siding, trim and shutters; decorative stone; and windows business in North America
- Additional product lines will broaden Westlake’s footprint into the fast-growing housing markets in North America
Westlake Chemical Corporation (NYSE: WLK) today announced that it has entered into a definitive agreement with Boral Industries Inc., a wholly owned subsidiary of Boral Limited (ASX: BLD), under which Westlake will acquire Boral’s North American building products businesses in roofing; siding, trim and shutters; decorative stone; and windows for $2.15 billion in an all-cash transaction.
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11/17/2020
Westlake Appoints Roger Kearns as Chief Operating Officer
Nov. 18, 2020- Westlake Chemical Corporation (NYSE: WLK) announced today that Mr. Roger Kearns has been appointed by the Board of Directors as Executive Vice President and Chief Operating Officer, effective Jan. 1, 2021. In this new role, he will continue to report to Mr. Albert Chao, Westlake’s President and CEO. Mr. Kearns will be responsible for all…
11/12/2020
Westlake Chemical Corporation Declares Quarterly Dividend
$0.2700 cents per share dividend declared payable on December 9, 2020 Nov. 13, 2020- The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the third quarter of 2020. This dividend will be payable on December 9, 2020, to stockholders of record on November 24, 2020. This…
11/02/2020
Westlake Chemical Corporation Reports Third Quarter 2020 Results
Third quarter net income of $57 million, or $0.45 per diluted share Lake Charles, Louisiana olefins and vinyls facilities impacted by Hurricane Laura Third quarter net income includes pre-tax restructuring charges of $34 million, or $0.19 per diluted share Nov. 3, 2020- Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today…
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