Westlake Chemical Partners LP Announces First Quarter 2024 Results

Declared quarterly distribution of $0.4714 per unit; 39 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 2024 of $14.8 million, or $0.42 per limited partner unit, which was in-line with first quarter 2023 net income of $14.9 million. Cash flows from operating activities in the first quarter of 2024 were $104.6 million, a decrease of $40.3 million compared to first quarter 2023 cash flows from operating activities of $144.9 million, due to less favorable working capital changes. For the three months ended March 31, 2024, MLP distributable cash flow was $16.9 million, a decrease of $0.7 million compared to first quarter 2023 MLP distributable cash flow of $17.6 million. The decrease in MLP distributable cash flow and associated trailing twelve-month coverage ratio was primarily due to lower production and sales volume. First quarter 2024 net income

Westlake Corporation Reports First Quarter 2024 Results

Record first quarter Housing and Infrastructure Products (HIP) income from operations of $210 million with a 20% operating income margin HIP EBITDA of $264 million rose 29% year-over-year with a record first quarter EBITDA margin of 25% PEM sales volume grew 3% sequentially from gradual demand recovery with stable average sales prices Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced first quarter 2024 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages) Three Months Ended March 31, 2024 Three Months Ended December 31, 2023 Three Months Ended March 31, 2023 Westlake Corporation Net sales $ 2,975 $ 2,826 $ 3,356 Income (loss) from operations $ 223 $ (552 ) $ 536 Net income (loss) attributable to Westlake Corporation $ 174 $ (497 ) $ 394 Diluted earnings (loss) per common share $ 1.34 $ (3.86 ) $ 3.05

Westlake Chemical Partners LP Announces First Quarter 2024 Distribution

$0.4714 per unit distribution declared payable on May 29, 2024 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 39th quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on May 29, 2024, to unit holders of record on May 13, 2024. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of the Partnership’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. About Westlake Chemical Partners LP Westlake Chemical Partners is

Mr. Holy has been our Vice President and Chief Accounting Officer since April 2024. From April 2017 to April 2024, Mr. Holy served as our Vice President and Treasurer. In addition, Mr. Holy has been the Vice President and Chief Accounting Officer of Westlake Partners' general partner since April 2024 and served as its Vice President and Treasurer from April 2017 to April 2024. Prior to joining Westlake, from October 2014 to March 2017, Mr. Holy was Assistant Treasurer at FMC Technologies, Inc. and from October 2013 to September 2014 was Director of Corporate Finance. From September 2007 to September 2013, he held various financial positions at General Motors Company in their Treasurers’ Office in New York and Germany. He began his career in public accounting with Ernst & Young LLP in 2001. Mr. Holy holds a Bachelor of Science Degree from Trinity University in Business Administration and Economics, a Master in Accounting Degree from the University of Virginia, and a Master in Finance Degree from London Business School. He is a Chartered Financial Analyst and Certified Public Accountant.

Jeffrey A. Holy

Westlake Epoxy Introducing New Lower Yellowing Epoxy Products

Westlake Corporation (NYSE: WLK) announced today that Westlake Epoxy will launch several new lower yellowing epoxy products at the American Coatings Show 2024, to be held in Indianapolis, Indiana (USA) from April 30 to May 2, 2024. The Deep Pour Lower Yellowing Epoxy System is Epoxy Research Resin RSL-4710 combined with Research Curing Agent RSC-4731. This two-component epoxy/amine system is formulated for extended set time and lower exotherm temperature. The system offers superior air release and improved color retention even in direct sunlight. “The Deep Pour Lower Yellowing Epoxy System offers easier use enabling up to 4-inch pours in a single application,” said Dan Weinmann, Business Development Manager - Epoxy, Americas. “This system does not use additives to improve yellowing resistance. The resin and curing agent combination have improved light stability built into the cured epoxy thermoset backbone.” Westlake Epoxy is also promoting an ultra-low yellowing cycloaliphatic amine

Westlake Chemical Partners Announce First Quarter 2024 Earnings Conference Call

Westlake Chemical Partners (NYSE: WLKP) will release its first quarter 2024 earnings prior to the market opening on Wednesday, May 1, 2024. The company will host a conference call at 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at https://register.vevent.com/register/BI945f608342d94f3bb7f420c75004538c . Once registered, you will receive a phone number and unique PIN number. When you dial in, you will input the PIN number to be placed into the call. The conference call and replay will be available via webcast at https://edge.media-server.com/mmc/p/2ry9ktig and the earnings release can be obtained via the company's Web page at, https://investors.wlkpartners.com/corporate-profile/default.aspx . About Westlake Chemical Partners: Westlake Chemical Partners is a limited partnership formed by Westlake Corporation to operate, acquire and develop ethylene production

Westlake Announces First Quarter 2024 Earnings Conference Call

Westlake Corporation (NYSE: WLK) will release its first quarter 2024 earnings prior to the market opening on Wednesday, May 1, 2024. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at https://register.vevent.com/register/BI6dd9f6d378244f26a329eb8dfb3d39ae . Once registered, you will receive a phone number and unique PIN number. When you dial in, you will input the PIN number to be placed into the call. The conference call and replay will be available via webcast at https://edge.media-server.com/mmc/p/b4szy7np and the earnings release can be obtained via the company’s Web page at https://investors.westlake.com/news/default.aspx . About Westlake: Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North

Westlake Chemical Partners Provides 2023 Tax Information

Westlake Chemical Partners LP (the “Partnership”) (NYSE: WLKP) today provided an update on the availability of the Partnership’s 2023 Investor Tax Packages including Schedule K-1 for its common unitholders. The Partnership’s 2023 K-1 tax packages are now available. The information reported to you on Schedule K-1 is based on tax laws currently in effect for 2023. This information may be subject to change depending on actions taken by Congress and the President. If the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024), which passed the House of Representatives on January 31, 2024 and is currently awaiting action in the Senate, were to become law, it may require us to make changes to our tax reporting for 2023. Such changes may affect the information reported to you on Schedule K-1. Online K-1 Access To obtain the Partnership’s 2023 Investor Tax Packages including Schedule K-1 immediately, sign-up for paperless K-1 delivery, view K-1s from previous years, update

Westlake to Host Housing & Infrastructure Products-Focused Investor Event

Westlake Corporation (NYSE: WLK) today announced that it will host an investor event focused on its Housing & Infrastructure Products (“HIP”) businesses on Thursday, June 13, 2024, from 9:00 a.m. to 1:00 p.m. Eastern Time. During the event, Albert Chao, President and Chief Executive Officer; Steve Bender, Executive Vice President and Chief Financial Officer; Robert Buesinger, Executive Vice President – Housing & Infrastructure Products, IT & Digital; and the leaders of Westlake Royal Building Products, Westlake Pipe & Fittings, and Westlake Global Compounds, will present an in-depth review of the Company’s HIP segment and its financials. The event will cover Westlake’s integrated and expanded business portfolio, including the breadth of diversified and market-leading products made by the HIP businesses, which serve the home building and construction markets, municipal water and sewer infrastructure, and automotive and healthcare industries. The event will take place in

May 6 - 10, 2024
Orlando, Florida

Westlake Corporation

NPE 2024

Come visit Westlake at the upcoming NPE 2024 in Orlando, Florida!  Representatives from Westlake Polyethylene, Westlake PVC and Westlake Global Compounds will be available to answer questions.