Craft
Westlake

Westlake

Patents

900

FY, 2021

Revenue

$11.8 B

FY, 2021

Market Capitalization

$11.4 B

2022-09-20

Westlake Summary

Company summary

Overview
Westlake Chemical is a company manufacturing and marketing basic chemicals, vinyls, polymers, and building products. It operates through two segments, Vinyls and Olefins. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products. This segment also manufactures and sells PVC compounds and building products fabricated from PVC, including residential siding, trim and molding, pipe and fittings for various water, sewer and industrial applications, profiles for windows and doors, decking products, films for various inflatables, wall covering tapes, roofing applications, and composite roof tiles. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products.
Type
Public
Founded
1986
HQ
Houston, TX, US | view all locations
Website
https://www.westlake.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

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

    • M. Steven Bender

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

    • Robert F. Buesinger

      Robert F. Buesinger, Executive Vice President - Housing & Infrastructure Products, IT & Digital

      • L. Benjamin Ederington

        L. Benjamin Ederington, Executive Vice President - General Counsel, Chief Administrative Officer & Corporate Secretary

      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

      11 locations detected

      • Houston, TX HQ

        United States

        2801 Post Oak Blvd

      • Novi, MI

        United States

        24300 Catherine Industrial Dr #401

      • Prairie, MS

        United States

        10068 Summit Dr

      • Beauharnois, QC

        Canada

        31 Rue de l'industrie

      • Eilenburg, SN

        Germany

        Am Färberwerder 11

      • Samarate, Lombardia

        Italy

        Via Milano, 201

      and 5 others

      Westlake Financials

      Summary financials

      Revenue (Q2, 2022)
      $4.5B
      Gross profit (Q2, 2022)
      $1.4B
      Net income (Q2, 2022)
      $873.0M
      Cash (Q2, 2022)
      $1.3B
      EBIT (Q2, 2022)
      $1.2B
      Enterprise value
      $15.0B

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