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Westlake Growth Drives Changes to its Business Segments

Westlake, a global diversified industrial company, has changed its business segments from Olefins and Vinyls to Westlake Performance & Essential Materials and Westlake Housing & Infrastructure Products in order to better reflect its portfolio offerings and recognize the growth of our business. Our businesses offer customers around the world essential and more sustainable products and materials that enhance people's lives every day.

Both of our new business segments, which are now under a more simplified and streamlined "One Westlake" brand, are vital parts of our Corporate Purpose of driving a sustainable future by creating essential materials that contribute to Enhancing Your Life Every Day®. While the renewed Westlake brand recognizes the growing composition of our business, it does not change our foundational commitments to delivering the highest quality and service to our customers. We continue to offer our employees a family environment where safety and sustainability are at the forefront of everything we do.

Learn more about our "One Westlake" brand

Fast Facts

Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. We provide the building blocks for vital solutions —  from packaging and healthcare products to automotive and consumer goods to building and construction products.

Total
Employment:

Approx. 16,000
(year-end 2022)

Revenues
(2022):

Approx.
$15.8 billion

News & Stories

Westlake Announces 40% Increase in Quarterly Dividend

The Board of Directors of Westlake Corporation (NYSE: WLK) today declared a regular dividend distribution of 50.00 cents per share for the second quarter of 2023, an increase of approximately 40% from the 35.70 cents per share of the first quarter of 2023. This dividend will be payable on…

08/14/2023
Corporate & Financial Graphic
Westlake Chemical Partners LP Announces Second Quarter 2023 Results

Declared quarterly distribution of $0.4714 per unit; 36 th consecutive quarterly distribution Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the second quarter of 2023 of $11.9 million, or $0.34 per limited partner unit…

08/03/2023
Corporate & Financial Graphic
Westlake Corporation Reports Second Quarter 2023 Results

Housing and Infrastructure Products segment provided earnings stability Cash from operations of $555 million and free cash flow of $315 million Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced second quarter 2023 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions…

08/03/2023
Corporate & Financial Graphic
Westlake Chemical Partners LP Announces Second Quarter 2023 Distribution

$0.4714 per unit distribution declared payable on August 25, 2023 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 36th quarterly…

08/01/2023
Corporate & Finance Graphic
Westlake Chemical Partners Announce Second Quarter 2023 Earnings Conference Call

Westlake Chemical Partners (NYSE: WLKP) will release its second quarter 2023 earnings prior to the market opening on Thursday, August 3, 2023. 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…

07/20/2023

Westlake Corporation

NYSE: WLK

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