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Westlake Chemical Corporation is an international manufacturer and supplier of petrochemicals, plastics, and fabricated products. Westlake manufactures two primary petrochemicals within its olefins business segment - ethylene and styrene monomer. Westlake vinyl resin products are the key ingredients to making some of the world's most prevalent items, including residential siding, pipe and fittings for various water, sewer and industrial applications. In addition, the Company offers a series of medium to low molecular weight polyethylene or polypropylene polymers.

TypePublic
Founded1986
HQHouston, US
Websitewestlake.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2019)9,430(+7%)
Job Openings79
Revenue (FY, 2019)$8.1 B(-5%)
Share Price (Sept 2020)$68 (+2%)
Cybersecurity ratingAMore

Key People/Management at Westlake Chemical

Albert Chao

Albert Chao

Director, President and Chief Executive Officer
James Chao

James Chao

Chairman of the Board
Michael J. Graff

Michael J. Graff

Director
David T. Chao

David T. Chao

Director
Mark McCollum

Mark McCollum

Director
John Chao

John Chao

Director
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Westlake Chemical Office Locations

Westlake Chemical has offices in Houston, Suzhou Shi and Singapore
Houston, US (HQ)
2801 Post Oak Blvd
Suzhou Shi, CN
309 Zhenghe Middle Rd, Taicang Shi
Singapore, SG
8 Temasek Blvd, 15
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Westlake Chemical Financials and Metrics

Westlake Chemical Revenue

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Westlake Chemical's revenue was reported to be $8.12 b in FY, 2019
USD

Revenue (Q2, 2020)

1.7b

Gross profit (Q2, 2020)

169.0m

Gross profit margin (Q2, 2020), %

9.9%

Net income (Q2, 2020)

24.0m

EBIT (Q2, 2020)

36.0m

Market capitalization (15-Sept-2020)

8.7b

Closing stock price (15-Sept-2020)

68.0

Cash (30-Jun-2020)

1.1b

EV

11.7b
Westlake Chemical's current market capitalization is $8.7 b.
USDQ2, 2011

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
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Westlake Chemical Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Westlake Chemical Online and Social Media Presence

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Westlake Chemical News and Updates

Lotte Chemical & Westlake Chemical Host Grand Opening Ceremony for New Louisiana Chemical Complex

LAKE CHARLES, La., May 16, 2019 /PRNewswire/ -- Lotte Chemical USA and Westlake Chemical Corporation hosted an official opening ceremony on May 9, 2019, for their joint-venture Ethylene and the Lotte Chemical world-scale Ethylene Glycol (EG) Production Facility near Lake Charles,...

Westlake Chemical Blogs

Westlake Chemical Partners LP Announces Second Quarter 2020 Results

Westlake Chemical Partners LP Announces Second Quarter 2020 Results admin Thu, 08/06/2020 - 06:30

Westlake Chemical Corporation Reports Second Quarter 2020 Results

Westlake Chemical Corporation Reports Second Quarter 2020 Results admin Thu, 08/06/2020 - 06:30

Westlake Chemical Corporation Announces Second Quarter 2020 Earnings Conference Call

Westlake Chemical Corporation Announces Second Quarter 2020 Earnings Conference Call admin Wed, 08/05/2020 - 22:30

Westlake Chemical Partners LP Announces Second Quarter 2020 Distribution

Westlake Chemical Partners LP Announces Second Quarter 2020 Distribution admin Fri, 07/31/2020 - 16:30

Westlake Chemical Partners Announce Second Quarter 2020 Conference Call

Westlake Chemical Partners Announce Second Quarter 2020 Conference Call admin Thu, 07/23/2020 - 09:00

Westlake Chemical Announces Second Quarter 2020 Earnings Conference Call

Westlake Chemical Announces Second Quarter 2020 Earnings Conference Call admin Thu, 07/23/2020 - 09:00
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Westlake Chemical Frequently Asked Questions

  • When was Westlake Chemical founded?

    Westlake Chemical was founded in 1986.

  • Who are Westlake Chemical key executives?

    Westlake Chemical's key executives are Albert Chao, James Chao and Michael J. Graff.

  • How many employees does Westlake Chemical have?

    Westlake Chemical has 9,430 employees.

  • What is Westlake Chemical revenue?

    Latest Westlake Chemical annual revenue is $8.1 b.

  • What is Westlake Chemical revenue per employee?

    Latest Westlake Chemical revenue per employee is $860.9 k.

  • Who are Westlake Chemical competitors?

    Competitors of Westlake Chemical include Borealis, Charlotte Pipe and ACI.

  • Where is Westlake Chemical headquarters?

    Westlake Chemical headquarters is located at 2801 Post Oak Blvd, Houston.

  • Where are Westlake Chemical offices?

    Westlake Chemical has offices in Houston, Suzhou Shi and Singapore.

  • How many offices does Westlake Chemical have?

    Westlake Chemical has 3 offices.