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.

News

08/13/2021

Westlake Chemical Corporation Announces 10% Increase in Quarterly Dividend

$0.2975 cents per share dividend declared payable on September 8, 2021 The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the second quarter of 2021, an increase of 10.2% from the $0.2700 per share in the first quarter of 2021. This dividend will be payable on…

08/05/2021

Westlake Announces Pricing of $1.7 Billion Offering of Senior Notes

Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today that it has priced its previously announced underwritten public offering of $300,000,000 aggregate principal amount of senior unsecured notes due 2024 (the “2024 Notes”), $350,000,000 aggregate principal amount of senior unsecured notes due 2041 (the “2041 Notes”), $600,000,000…

08/05/2021

Westlake Announces Proposed Offering of Senior Notes

Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes (the “Notes”) under its existing shelf registration statement. The timing of pricing and terms of the Notes are subject to market conditions and other factors.…

08/03/2021

Westlake Chemical Corporation Reports Second Quarter 2021 Results

Record quarterly net sales of $2.9 billion Record quarterly net income of $522 million, excluding one-time tax benefits in a prior quarter Record quarterly EBITDA of $932 million Announced pending acquisitions of Boral's North American building products businesses and of LASCO Fittings, Inc., which are expected to close in the second half of 2021…

Sustainability

sustainability report 2019

 

Company Fact Sheet

Bayouldne