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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:

14,550
(year-end 2021)

Revenues
(2021):

Approx.
$11.8 billion

News & Stories

Corporate & Financial
Westlake Chemical Partners LP Filed Annual Report

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, 2022 with the Securities and Exchange Commission on March 1, 2023. A copy of this 10-K may be found on the Partnership's website,…

03/01/2023
Sustainability
Westlake Epoxy Receives EcoVadis Platinum Award Recognizing its Sustainability Efforts

Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy’s European business received a 2022 Platinum Medal from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. Westlake Epoxy was also rated at this level in 2021 which positions it at the…

02/28/2023
Corporate & Financial Graphic
Westlake Chemical Partners LP Announces Fourth Quarter 2022 Results

Declared quarterly distribution of $0.4714 per unit; 34 th consecutive quarterly distribution Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the fourth quarter of 2022 of $16.8 million, or $0.48 per limited partner unit…

02/21/2023
Corporate & Financial Graphic
Westlake Corporation Reports Record Full-Year 2022 Results

Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced fourth quarter and record full-year 2022 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data)     Three Months Ended December 31,   Twelve Months Ended December 31,     2022   2021   2022   2021…

02/21/2023
Corporate & Financial Pic
Westlake Corporation Declares Quarterly Dividend

$0.3570 per share dividend declared payable on March 16, 2023 The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.3570 per share for the fourth quarter of 2022. This dividend will be payable on March 16, 2023, to stockholders of record…

02/17/2023

Westlake Corporation

NYSE: WLK

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