Westlake Chemical

Westlake Chemical Corporation Declares Quarterly Dividend

Friday, May 15, 2020 - 10:00pm

The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2625 per share for the first quarter of 2020.

Key Points: 
  • The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2625 per share for the first quarter of 2020.
  • This dividend will be payable on June 9, 2020, to stockholders of record on May 26, 2020.
  • This is the 63rd successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.
  • Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day.

Kimberly Lubel Elected to Westlake Chemical Corporation Board of Directors

Friday, May 15, 2020 - 9:30pm

Westlake Chemical Corporation (NYSE: WLK) today announced that Ms. Kimberly S. Lubel has been elected to serve on the companys board of directors as a new member.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK) today announced that Ms. Kimberly S. Lubel has been elected to serve on the companys board of directors as a new member.
  • In March 2020, Mr. Lukens also retired from the board of directors of Westlake Chemical Partners GP LLC, the general partner of the affiliated master limited partnership, Westlake Chemical Partners LP, when Mr. G. Stephen Finley was appointed as his replacement.
  • He has served as a director of Westlake Chemical Corporation since we took the corporation public in 2004, and has served on the board of Westlake Chemical Partners GP LLC since it was formed in 2014, stated James Chao, chairman of the boards of Westlake Chemical Corporation and Westlake Chemical Partners GP LLC.
  • We are pleased to welcome Kim to the Westlake Chemical Corporation board.

Royal® Building Products Launches Several New Additions to Royal® Trim & Mouldings Product Line

Tuesday, May 5, 2020 - 2:00pm

Royal Building Products , a Westlake company, today announced the addition of several new products to the Royal Trim and Mouldings line.

Key Points: 
  • Royal Building Products , a Westlake company, today announced the addition of several new products to the Royal Trim and Mouldings line.
  • Royal Building Products , a Westlake Chemical company (NYSE: WLK), manufactures and distributes leading materials for the home remodeling, building and construction markets.
  • All sales of Royal Building Products trim, mouldings, siding, and other exterior building products are subject to Royal Building Products standard terms and conditions of sale, which are available upon request.
  • Royal Building Products and the Royal Building Products logo are registered trademarks of Royal Building Products (USA) Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200505005205/en/

Westlake Chemical Partners Announce First Quarter 2020 Conference Call

Monday, April 20, 2020 - 2:00pm

Westlake Chemical Partners (NYSE: WLKP) will release its 2020 first quarter earnings prior to the market opening on Monday, May 4, 2020.

Key Points: 
  • Westlake Chemical Partners (NYSE: WLKP) will release its 2020 first quarter earnings prior to the market opening on Monday, May 4, 2020.
  • Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets.
  • Westlake Chemical OpCo LP's assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana and an ethylene pipeline.
  • For more information about Westlake Chemical Partners LP, please visit http://www.wlkpartners.com .

Westlake Contributes $1 Million to Greater Houston COVID-19 Recovery Fund

Thursday, April 16, 2020 - 9:08pm

Westlake Chemical Corporation (NYSE: WLK) today announced that the company and the Ting Tsung and Wei Fong Chao Foundation have contributed a combined $1 million to the Greater Houston COVID-19 Recovery Fund.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK) today announced that the company and the Ting Tsung and Wei Fong Chao Foundation have contributed a combined $1 million to the Greater Houston COVID-19 Recovery Fund.
  • The Greater Houston COVID-19 Recovery Fund was established by the United Way of Greater Houston and the Greater Houston Community Foundation to provide emergency assistance, like access to food, shelter and health care, for individuals adversely affected by the COVID-19 pandemic.
  • Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day.
  • Headquartered in Houston, we provide the building blocks for vital solutions from packaging and healthcare products to automotive and consumer goods, to building and construction products.

Royal® Building Products Expands the Zuri® Premium Decking Line

Tuesday, March 31, 2020 - 2:00pm

Royal Building Products , a Westlake company, today announced the launch of a new Zuri Premium Decking color Hickory and the addition of two new Zuri Premium Decking accessories: fascia boards and prefabricated corners.

Key Points: 
  • Royal Building Products , a Westlake company, today announced the launch of a new Zuri Premium Decking color Hickory and the addition of two new Zuri Premium Decking accessories: fascia boards and prefabricated corners.
  • Royal Building Products , a Westlake Chemical company (NYSE: WLK), manufactures and distributes leading materials for the home remodeling, building and construction markets.
  • All sales of Royal Building Products trim, mouldings, siding, and other exterior building products are subject to Royal Building Products standard terms and conditions of sale, which are available upon request.
  • Royal Building Products and the Royal Building Products logo are registered trademarks of Royal Building Products (USA) Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200331005046/en/

Westlake Chemical Partners Selects Steve Finley to Join Board of Directors

Tuesday, March 24, 2020 - 8:15pm

Westlake Chemical Partners LP (NYSE: WLKP) today announced that Mr. G. Stephen Finley has been appointed to the board of directors of its general partner, Westlake Chemical Partners GP LLC.

Key Points: 
  • Westlake Chemical Partners LP (NYSE: WLKP) today announced that Mr. G. Stephen Finley has been appointed to the board of directors of its general partner, Westlake Chemical Partners GP LLC.
  • In addition, he has served on the board of the partnerships sponsor, Westlake Chemical Corporation, since we took that company public in 2004, said James Chao, Chairman of Westlake Chemical Partners GP LLC.
  • Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets.
  • For more information about Westlake Chemical Partners LP, please visit http://www.wlkpartners.com .

Westlake Chemical Partners LP Announces Recommencement of At-The-Market Program

Tuesday, March 3, 2020 - 9:15pm

Westlake Chemical Partners LP (NYSE: WLKP) (the Partnership) today announced the recommencement of its At-The-Market program under its Equity Distribution Agreement (as amended, the Agreement) with UBS Investment Bank; Barclays; BofA Securities; Citigroup; Deutsche Bank Securities; RBC Capital Markets; and Wells Fargo Securities (collectively, the Managers).

Key Points: 
  • Westlake Chemical Partners LP (NYSE: WLKP) (the Partnership) today announced the recommencement of its At-The-Market program under its Equity Distribution Agreement (as amended, the Agreement) with UBS Investment Bank; Barclays; BofA Securities; Citigroup; Deutsche Bank Securities; RBC Capital Markets; and Wells Fargo Securities (collectively, the Managers).
  • Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets.
  • Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP.
  • Westlake Chemical OpCo LPs assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana and an ethylene pipeline.

Westlake Chemical Partners LP Filed Annual Report

Friday, February 28, 2020 - 9:16pm

Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on February 28, 2020.

Key Points: 
  • Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on February 28, 2020.
  • Requests should be submitted in writing to Westlake Chemical Partners LP 2019 Form 10-K, 2801 Post Oak Blvd., Suite 600, Houston, TX 77056.
  • Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets.
  • For more information about Westlake Chemical Partners LP, please visit http://www.wlkpartners.com/ .

Westlake Chemical Appoints Johnathan Zoeller Chief Accounting Officer

Tuesday, February 18, 2020 - 9:16pm

Westlake Chemical Corporation (NYSE: WLK) today announced that its board of directors has appointed Johnathan Zoeller, 44, to serve as the companys vice president and chief accounting officer.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK) today announced that its board of directors has appointed Johnathan Zoeller, 44, to serve as the companys vice president and chief accounting officer.
  • Mr. Zoeller joined Westlake in August 2018, as vice president and corporate controller.
  • We are also very pleased to appoint John as Georges successor as principal accounting officer, particularly with his deep knowledge of public company accounting and the petrochemicals industry.
  • Westlake Chemical Corporation is an international manufacturer and supplier of petrochemicals, polymers and building products with its headquarters in Houston.