Westlake Chemical

Westlake Chemical Partners LP Filed Annual Report

Retrieved on: 
Wednesday, March 2, 2022

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, 2021 with the Securities and Exchange Commission on March 2, 2022.

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, 2021 with the Securities and Exchange Commission on March 2, 2022.
  • Requests should be submitted in writing to Westlake Chemical Partners LP 2021 Form 10-K, 2801 Post Oak Blvd., Suite 600, Houston, TX 77056.
  • Westlake Chemical Partners is a limited partnership formed by Westlake 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 2021 K-1 Tax Packages Now Available

Retrieved on: 
Tuesday, February 22, 2022

Westlake Chemical Partners L.P. (NYSE:WLKP) today announced that its 2021 tax packages, including schedule K-1s, are now available online.

Key Points: 
  • Westlake Chemical Partners L.P. (NYSE:WLKP) today announced that its 2021 tax packages, including schedule K-1s, are now available online.
  • First time users will need to sign up for online account access which may also be done on the K-1 Tax Package Support website.
  • We encourage unit holders to access the K-1s online through the Tax Package Support website at www.taxpackagesupport.com/wlkp for the quickest availability.
  • For more information about Westlake Chemical Partners LP, please visit http://www.wlkpartners.com .

Westlake to Host 2022 Investor Day

Retrieved on: 
Wednesday, February 16, 2022

Westlake Chemical Corporation (NYSE: WLK), today announced that it will host an Investor Day on Thursday, April 7, 2022, at 9:00 a.m. Eastern Time.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK), today announced that it will host an Investor Day on Thursday, April 7, 2022, at 9:00 a.m. Eastern Time.
  • The event will be Westlakes inaugural investor day.
  • For those who are unable to attend in-person or watch the webcast live, a recording of the 2022 Investor Day webcast will be available on our website following the conclusion of the event.
  • Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day.

Westlake Chemical Corporation to Change Name to Westlake Corporation

Retrieved on: 
Tuesday, February 15, 2022

Westlake Chemical Corporation (NYSE: WLK) today announced that it plans to officially change its name to Westlake Corporation effective on February 18, 2022.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK) today announced that it plans to officially change its name to Westlake Corporation effective on February 18, 2022.
  • Westlake is now organized under one unified brand name with two financial reporting segments: Housing & Infrastructure Products and Performance & Essential Materials.
  • Housing & Infrastructure Products includes Westlake Royal Building Products, Westlake Pipe & Fittings, Westlake Global Compounds and Westlake Dimex.
  • Performance & Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives, Westlake European & Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene and Westlake Epoxy.

The BGL Industrials Insider -- Solid Foundation for Accelerating M&A in Building Products

Retrieved on: 
Wednesday, February 9, 2022

CLEVELAND, Feb. 8, 2022 /PRNewswire/ --Secular strength is fueling a white-hot M&A market in Building Products with investor appetite broad-based, according to an industry report released by the Building Products investment banking team at Brown Gibbons Lang & Company (BGL) .

Key Points: 
  • CLEVELAND, Feb. 8, 2022 /PRNewswire/ --Secular strength is fueling a white-hot M&A market in Building Products with investor appetite broad-based, according to an industry report released by the Building Products investment banking team at Brown Gibbons Lang & Company (BGL) .
  • Access the BGL Industrials Insider: https://bit.ly/BPInsider
    In the report, BGL examines the current state of the market as well as near-term outlook.
  • Macro indicators point to continued growth, echoed by industry participants reporting strong business performance.
  • Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market.

Hexion Holdings Completes Sale of Epoxy Businesses to Westlake Chemical

Retrieved on: 
Tuesday, February 1, 2022

Hexion Holdings Corporation (Hexion or the Company) today announced that it has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the Epoxy Business) for approximately $1.2 billion to Westlake Chemical Corporation (NYSE: WLK).

Key Points: 
  • Hexion Holdings Corporation (Hexion or the Company) today announced that it has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the Epoxy Business) for approximately $1.2 billion to Westlake Chemical Corporation (NYSE: WLK).
  • On behalf of everyone at Hexion, I would like to thank the epoxy team again for their many contributions and I am confident they will have continued success with Westlake as Epoxys new owner.
  • With the completion of the transaction, Hexion consists of the Companys existing Adhesives and Versatic Acids and Derivatives product lines.
  • Also, as previously announced in December 2021, Hexion Holdings entered into a definitive agreement to be acquired by affiliates of American Securities LLC for $30.00 per share in cash.

Westlake Completes Acquisition of Epoxy Business

Retrieved on: 
Tuesday, February 1, 2022

Westlake Chemical Corporation (NYSE: WLK) today announced that it has completed the acquisition of Hexion Inc.s global epoxy business for approximately $1.2 billion in an all-cash transaction.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK) today announced that it has completed the acquisition of Hexion Inc.s global epoxy business for approximately $1.2 billion in an all-cash transaction.
  • The industries served by Westlake Epoxy are very attractive and the business is expected to be a synergistic addition to Westlakes existing businesses.
  • Westlake Epoxy is a global leading producer of epoxy resins, modifiers and curing agents for high-performance materials, coatings and composites.
  • The fully-integrated business includes upstream base epoxy resins and intermediates delivered as liquid or solid epoxy resins, as well downstream specialty epoxy resins used in coatings and composites.

Westlake Chemical Partners Announces Fourth Quarter and Full Year Earnings for 2021 Conference Call

Retrieved on: 
Thursday, January 27, 2022

Westlake Chemical Partners (NYSE: WLKP) will release its fourth quarter and full year earnings for 2021 prior to the market opening on Tuesday, February 22, 2022.

Key Points: 
  • Westlake Chemical Partners (NYSE: WLKP) will release its fourth quarter and full year earnings for 2021 prior to the market opening on Tuesday, February 22, 2022.
  • 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.
  • 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.

Westlake Chemical Announces Fourth Quarter and Full Year Earnings for 2021 Conference Call

Retrieved on: 
Thursday, January 27, 2022

Westlake Chemical Corporation (NYSE: WLK) will release its fourth quarter and full year earnings for 2021 prior to the market opening on Tuesday, February 22, 2022.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK) will release its fourth quarter and full year earnings for 2021 prior to the market opening on Tuesday, February 22, 2022.
  • 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 call, dial (855) 760-8160, or (704) 288-0624 for international callers, approximately 10 minutes prior to the scheduled start time and reference passcode 8356311.
  • A replay of the conference call will be available beginning two hours after its conclusion for seven days.

Westlake Chemical Partners LP Announces Fourth Quarter 2021 Distribution

Retrieved on: 
Monday, January 24, 2022

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.

Key Points: 
  • 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.
  • 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.
  • For more information about Westlake Chemical Partners LP, please visit http://www.wlkpartners.com .