Craft

Westlake

Stock Price

$124.7

2023-09-29

Market Capitalization

$15.9 B

2023-09-29

Revenue

$15.8 B

FY, 2022

Westlake Summary

Company Summary

Overview
Westlake (formerly known as Westlake Chemical) is a manufacturer and supplier of chemicals, polymers, and building products. It operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment produces ethylene, polyethylene, styrene, chloralkali, chlorinated derivative products, ethylene dichloride, and other materials. The Housing and Infrastructure segment provides polyvinyl chloride products and services, including siding, trim and moldings, windows, decking, films, wallcovering, polymer composite and cement roof tiles, matting, dock edging, etc. The company caters to medical, consumer, automotive, marine, and other industries.
Type
Public
Status
Active
Founded
1986
HQ
Houston, TX, US | view all locations
Website
https://westlake.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Albert Y. Chao

    Albert Y. Chao, President and Chief Executive Officer, Director

    • M. Steven Bender

      M. Steven Bender, Executive Vice President and Chief Financial Officer

      • Johnathan S. Zoeller

        Johnathan S. Zoeller, Vice President and Chief Accounting Officer

        • L. Benjamin Ederington

          L. Benjamin Ederington, Executive Vice President, Performance and Essential Materials, General Counsel, and Chief Administrative Officer

        Operating MetricsView all

        Annual Production Capacity (Ethylene, Olefins), pounds

        4.8B
        58.9%

        FY, 2021

        Annual Production Capacity (LDP), pounds

        1.5B

        FY, 2021

        Annual Production Capacity (LLDPE), pounds

        1.1B

        FY, 2021

        LocationsView all

        88 locations detected

        • Houston, TX HQ

          United States

          2801 Post Oak Blvd # 600

        • Aberdeen, MS

          United States

          715 Highway 25 South

        • American Canyon, CA

          United States

          350 Tower Road

        • Baldwin, GA

          United States

          1000 Pryratich Drive

        • Bedford Park, IL

          United States

          W 71st St

        • Booneville, MS

          United States

          401 Industrial Park Road

        and 82 others

        Westlake Financials

        Summary Financials

        Revenue (Q2, 2023)
        $3.3B
        Gross profit (Q2, 2023)
        $642.0M
        Net income (Q2, 2023)
        $307.0M
        Cash (Q2, 2023)
        $2.7B
        EBIT (Q2, 2023)
        $396.0M
        Enterprise value
        $18.7B

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