Westlake Corporation reports news around its global materials and building-products operations, organized around Performance and Essential Materials and Housing and Infrastructure Products. Updates commonly cover earnings, segment pricing and volume trends, olefins, vinyl chemicals, polyethylene, epoxies, building products, pipe and fittings, facility actions, product certifications, distribution launches, litigation matters and leadership changes.
The company also appears in updates involving Westlake Royal Building Products, Westlake Epoxy and its relationship with Westlake Chemical Partners LP, a limited partnership formed by Westlake to operate, acquire and develop ethylene production facilities and other qualified assets.
Westlake (WLK) plans to close its Cologne, Germany, PVC plant in the first quarter of 2027.
The site has annual capacity of approximately 165,000 metric tons of PVC. Westlake expects approximately $205 million in pre-tax closure charges, including approximately $100 million in cash charges and $105 million in non-cash charges. Approximately $110 million is expected in 2026, with the remainder in 2027. Westlake expects the closure to improve ongoing profitability in its European chlorovinyl operations and will continue supplying customers from other German facilities.
North American PVC and polyethylene average prices are lower in the third quarter of 2026 than in the second. Higher freight costs and lower sales volume have affected Housing & Infrastructure Products. Westlake expects lower third-quarter financial performance than in the second quarter.
BlueLinx Holdings (BXC) expanded its distribution agreement with Westlake Royal Building Products, adding Kleer PVC Trim at 27 locations.
Under the agreement, Westlake Royal will be BlueLinx’s sole and exclusive PVC trim supplier in key markets. The Kleer locations serve markets across New England, the North and Mid-Atlantic, the South, the Ohio Valley and parts of the central United States. BlueLinx is also adding TruExterior Siding and Trim at five locations, expanding its distribution footprint for those products from 12 to 17 locations.
Westlake (NYSE: WLK) announced the dual listing of its common stock on the newly launched, fully electronic NYSE Texas exchange, headquartered in Dallas, Texas. The company will keep its primary listing on the New York Stock Exchange and trade under the same “WLK” ticker on NYSE Texas.
Westlake Corporation (NYSE: WLK) declared a regular second-quarter 2026 cash dividend of $0.533 per share. The dividend is payable on September 10, 2026 to shareholders of record as of August 25, 2026. According to Westlake, the company has paid and raised its dividend over the past 22 years.
Westlake (NYSE: WLK) reported second quarter 2026 net sales of $3.3 billion, net income of $260 million ($2.01 per diluted share) and EBITDA of $679 million. EBITDA doubled versus second quarter 2025 and increased by $444 million from first quarter 2026.
Results were supported by an 8% higher overall average sales price, a 7% rise in sales volume, and benefits from Westlake’s three‑pillar profitability improvement plan, which is targeted to deliver a $600 million operating income benefit. The HIP segment posted 22% EBITDA margin on 6% higher volumes, while PEM EBITDA margin (excluding Identified Items) rose to 21% from 3% a year earlier.
Westlake generated $318 million of operating cash in the quarter, reduced debt by about $500 million via redemption of 3.60% 2026 Senior Notes, returned $99 million to shareholders through dividends and buybacks, and put in place a new $1.5 billion revolving credit facility maturing in 2031.
Westlake (NYSE: WLK) will release its second quarter 2026 earnings before the market opens on Tuesday, August 4, 2026. The company will host a conference call at 11:00 a.m. Eastern (10:00 a.m. Central) the same day, with access via phone pre-registration and webcast, and a replay available online.
Westlake (NYSE:WLK) expanded its Dutch Quality Stone® portfolio with two new neutral colorways, Soft Barley and Summer Plains, plus extended use of Snowpack and Mist across added profiles and accessories.
The updates target demand for soft, warm, versatile neutrals in modern and traditional designs.
Westlake Royal Building Products (NYSE: WLK) showcased its integrated exterior solutions at the AIA Conference on Architecture & Design 2026 in San Diego.
At booth #1627, architects explored stone, siding, trim and roofing systems, plus digital tools like TrendLine and the AI-powered Design Canvas visualization platform.
Westlake (NYSE: WLK) completed the acquisition of a polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) production site in Wilhelmshaven, Germany, through its subsidiary Westlake Vinnolit.
The Wilhelmshaven plant can produce 380,000 metric tons of PVC per year, expands Westlake’s global chlorovinyls footprint across Europe and North America, and benefits from deep-water dock logistics on Germany’s North Sea coast.
Westlake (NYSE: WLK) declared a regular $0.53 per share dividend for the first quarter of 2026. The dividend is payable on June 11, 2026 to shareholders of record on May 27, 2026.
Westlake reports paying and increasing dividends for 22 years, while noting future dividends are subject to risks and uncertainties.