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 Royal Building Products, a Westlake company (NYSE:WLK), has introduced two new colors to its DaVinci® Roofscapes Single-Width Slate profile offerings: Rock Ridge and Aurora. These additions to the Nature Crafted Collection™ combine authentic slate aesthetics with modern durability.
Rock Ridge features dark gray and black hues mimicking natural quarried slate components, while Aurora showcases a blend of soft mottled greens and purples inspired by the Northern Lights. Both colors come with a 10-year fade-resistant warranty and are suitable for various architectural styles, from Colonial and Victorian to Modern Farmhouse and Tudor designs.
Westlake Royal Building Products (NYSE:WLK) will showcase its latest innovations at the 2025 NAHB International Builders' Show in Las Vegas. The company will present its Be Boundless campaign and new product launches across multiple categories:
Key highlights include:
- New Versetta Stone colors: Granite Peak, Lunar Drift, and Glen Canyon
- Cedar Renditions aluminum siding expansion with six new colors
- Celect Cellular Composite Siding's new V-Groove profile
- Updated Royal and Exterior Portfolio Board & Batten vinyl siding
- New DaVinci Roofscapes colors: Rock Ridge and Aurora
- Expanded Newpoint Concrete Roof Tile colors and profiles
The company will feature these products in its 10,000-square-foot booth (C3819), alongside demonstrations, live interviews, and participation in the VISION House Las Vegas project.
Westlake Chemical Partners (NYSE: WLKP) has announced its upcoming fourth quarter and full year 2024 earnings release, scheduled for Monday, February 24, 2025, before market opening. The company will host a conference call at 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the results.
Participants must pre-register through a provided link to access the conference call, after which they will receive a phone number and unique PIN for dial-in. The earnings conference call and replay will also be accessible via webcast, and the earnings release will be available on the company's investor relations website.
Westlake Royal Building Products (NYSE:WLK) announces its participation at the 2025 International Roofing Expo in San Antonio, showcasing expanded product lines and innovations. The company introduces new colors to their DaVinci Roofscapes collection, including Rock Ridge and Aurora for Single-Width Slate's Nature Crafted Collection. The Newpoint Concrete Roof Tile line expands with regional-specific colors: four new options for California and three for Arizona/Nevada markets.
The exhibition will feature interactive demonstrations of digital tools, including the Ingage presentation system and Roofle lead generation tool. The company will also celebrate excellence through the 2024 DaVinci Masterpiece Contractor Project of the Year Awards, recognizing five residential and one commercial project.
Westlake (NYSE: WLK) has announced it will release its fourth quarter and full year 2024 earnings before the market opens on Monday, February 24, 2025. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the results.
Participants must pre-register through a provided link to access the conference call, after which they will receive a phone number and unique PIN for dial-in access. The earnings conference call and replay will also be available via webcast, and the earnings release will be accessible through Westlake's investor relations website.
Westlake (NYSE: WLK) announced that Westlake Compounds has received an EcoVadis Bronze Medal, placing it among the top 35% of globally assessed companies. The recognition follows a third-party assessment of Westlake Global Compounds' North American sites' performance in environmental sustainability and management.
EcoVadis, the world's largest business sustainability ratings provider, evaluates over 75,000 companies across 160 countries and 200 industries. Their assessment methodology examines four key areas: environment, labor and human rights, ethics, and sustainable procurement. The achievement reflects Westlake's commitment to implementing responsible business practices throughout its international operations.
Westlake Chemical Partners LP (NYSE:WLKP) has announced its fourth quarter 2024 distribution of $0.4714 per unit, marking its 42nd quarterly distribution since its IPO. The distribution will be paid on February 25, 2025, to unitholders of record as of February 7, 2025.
The announcement includes a qualified notice under Treasury Regulation Section 1.1446-4(b), stating that 100% of distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate, as they are considered income effectively connected with U.S. trade or business.
DaVinci Roofscapes, a division of Westlake Royal Building Products (NYSE:WLK), has announced six winners of their 2024 Masterpiece Contractor Project of the Year Awards. Five residential and one commercial project were recognized for excellence in installation, visual impact, and transformation ability.
The residential winners include: Allstar Construction for reconstructing a historic home after fire damage; Great Roofing and Restoration for replacing a wind-damaged roof on a castle-like estate; JnJ Restoration for restoring three historical structures; Oconee Designer Roofing for a lakeside home renovation; and Shake Guys for updating a lakeside estate roof. The commercial award went to Totin Too, for replacing Shannopin Country Club's roof.
DaVinci's composite roofing tiles are made with virgin resins and specialized fire retardant, offering resistance to impact, fire, severe weather, insects, and rotting. The products come with a Lifetime Material Warranty.
Westlake Royal Building Products (NYSE:WLK) has introduced Tapco Tape™, a new measuring accessory for Tapco Tools® siding and trim brakes. The accessory enhances efficiency and precision in onsite trim fabrication by providing an instant scale for bends and cut-offs, eliminating the need for separate tape measures. Key features include:
- Easy attachment to Tapco Tools brakes without drilling
- Built-in 1.5" offset for Pro-Cutoff use
- Hinged design for flexible positioning
- Material stops for efficient repeat bends
- Compatibility with multiple brake models including Max-I-Mum® XL, PRO 14®, PRO 19®, Pro® II, Pro® III, Pro® 2000, and Pro® 50"
Westlake (NYSE: WLK) subsidiary Westlake Innovations has invested in Universal Matter, a Burlington, Ontario-based company focused on sustainable graphene production. Universal Matter has developed patented Flash Joule Heating (FJH) technology that enables cost-effective, industrial-scale upcycling of carbon waste into high-quality graphene and graphitized carbon.
The technology, originally developed at Rice University, creates tunable graphene across 1D, 2D, and 3D morphologies, with superior properties for industrial applications. The company has also developed methods to disperse graphene in various mediums, facilitating its incorporation into products like asphalt, concrete, rubber, composites, paints, and coatings.