Westlake Chemical Declares Quarterly Dividend of 5.75 Cents per Share, Sets Annual Stockholders' Meeting

HOUSTON, March 1, 2010 /PRNewswire via COMTEX/ -- The board of directors of Westlake Chemical Corporation (NYSE: WLK) declared on Friday a dividend of 5.75 cents per share, payable on March 31, 2010, to stockholders of record on March 17, 2010.

This is the 22nd successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.

Also, Westlake's board fixed May 20, 2010, as the date for the company's annual meeting of stockholders. The record date for the annual meeting will be April 1, 2010.

Westlake Chemical Corporation is a manufacturer and supplier of petrochemicals, polymers and fabricated products with headquarters in Houston, Texas. The company's range of products includes: ethylene, polyethylene, styrene, propylene, caustic, VCM, PVC and PVC pipe, windows and fence. For more information, visit the company's Web site at www.westlake.com .

SOURCE Westlake Chemical Corporation