Welcome to our dedicated page for WESTLAKE CORPORATION news (Ticker: WLK), a resource for investors and traders seeking the latest updates and insights on WESTLAKE CORPORATION stock.
Westlake Corporation (WLK) delivers essential materials and building products that power global industries, from construction to advanced packaging solutions. This news hub provides investors and professionals with timely, organized updates on the company’s operational milestones and market leadership in petrochemicals and fabricated products.
Access authoritative coverage of WLK’s financial results, product innovations, and strategic initiatives. Our curated collection simplifies tracking material developments across their two core segments: performance chemicals and infrastructure solutions. Stay informed about regulatory compliance updates and sustainability efforts shaping their global operations.
Key updates include earnings announcements, manufacturing expansions, and technological advancements in polymer production. Discover how WLK’s integrated supply chain supports industries ranging from automotive to residential construction through verified press releases and objective analysis.
Bookmark this page for streamlined access to Westlake Corporation’s evolving role in essential materials markets. Check back regularly for updates demonstrating their commitment to quality, safety, and operational excellence across 3 continents.
Westlake Corporation (NYSE: WLK) reported record first quarter 2022 results with net sales of $4.1 billion, a 72% increase from Q1 2021, and net income of $756 million, up 212% year-over-year. EBITDA reached $1.3 billion, a 135% rise. The company expanded its portfolio through the acquisition of Hexion's global epoxy business for $1.2 billion, enhancing its market position in specialty resins. Despite economic and geopolitical volatility, Westlake remains confident in strong market demand and is committed to sustainability goals, including a 20% reduction in emissions by 2030.
The Board of Directors of Westlake Chemical Partners LP has declared a quarterly distribution of
Westlake Pipe & Fittings, formerly NAPCO Pipe & Fittings, has rebranded to reflect its position as the second-largest pipe and fittings manufacturer in North America. This change emphasizes the company's robust product portfolio and the backing of Westlake Corporation (NYSE: WLK). The rebranding aims to enhance collaboration with customers and advance sustainable product development. Recent acquisition of LASCO Fittings, Inc. expands the company's market reach into new segments, providing a wider array of innovative pipe and fitting solutions.
Westlake Corporation (NYSE: WLK) will release its first-quarter 2022 earnings on May 3, 2022, prior to market opening. A conference call will take place at 11:00 a.m. Eastern Time to discuss the earnings. Callers can join by dialing (855) 760-8160, with international access at (704) 288-0624, using passcode 4246547. The call will be available via webcast and replay for seven days after the event. Westlake is a global manufacturer providing materials for various sectors, enhancing daily life with products ranging from packaging to construction.
Westlake Chemical Partners (NYSE: WLKP) will release its first quarter 2022 earnings on May 3, 2022, before the market opens. A conference call to discuss the earnings will take place at 1:00 p.m. Eastern Time. Interested parties can access the call by dialing (855) 765-5686 or via webcast at this link. The company, which holds a 22.8% interest in Westlake Chemical OpCo LP, operates multiple ethylene production facilities in the U.S.
Westlake Akishima, a Tokyo-based supplier of specialty stabilizers, has launched a new e-commerce platform in partnership with Agilis Chemicals. This intuitive multi-language portal aims to enhance customer experience by providing secure online transactions and advanced analytics for product search and order management. Initial users in Japan and China have given positive feedback. The platform will be fully available to all customers by April 12, 2022, integrating with Westlake's ERP system for improved transparency and automation.
Westlake Corporation (NYSE: WLK) will host its inaugural Investor Day on April 7, 2022, at 9:00 a.m. EDT. Executive leaders will discuss the Company’s long-term strategic vision, financial outlook, and capital allocation priorities aimed at enhancing shareholder value. The event will showcase Westlake's diversified business portfolio across various industries including construction, automotive, and healthcare. Attendees can access the live webcast on the Company's website, with a recording available 48 hours post-event.
Westlake Corporation (NYSE: WLK) announced that its Pernis, Netherlands site received the ISCC+ certification, validating its sustainable production of epoxy products. This certification supports Westlake's strategy to incorporate renewable carbon materials and decrease energy use and greenhouse gas emissions. The site will utilize bio-based alternatives for critical building blocks like Bisphenol A (BPA). Recently, Westlake Epoxy also achieved a Platinum rating from EcoVadis, signifying its commitment to sustainability across various industries including automotive and construction.
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