Westlake Chemical Corporation Updates Statement on Lake Charles Operations
Sep. 8, 2020- Westlake Chemical Corporation (NYSE: WLK) today issued a statement updating the impact of Hurricane Laura, which made landfall near its plants in the Lake Charles, Louisiana area. In the aftermath of Hurricane Laura, the safety of our employees and the integrity of our operations in the greater Lake Charles area remain our primary focus. We are working to assist our employees and their families, many of whom have suffered damage to their homes and are without power. Recovery efforts at our plants in the Lake Charles area are underway for the safe and reliable return to operations. Restoration of electricity and other utilities remain critical to these efforts. The local utility, Entergy Louisiana, has reported extensive damage to the electricity transmission system in the Lake Charles area and that restoration of service will take a number of weeks. Given Entergy’s latest guidance on the restoration of power to the Lake Charles area, barring other unforeseen