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 (NYSE: WLK) generates a steady flow of news related to its role as a global manufacturer and supplier of materials and products for housing and construction, packaging, healthcare, automotive and consumer goods. Headquartered in Houston with operations in Asia, Europe and North America, the company issues updates on its chemicals and polymers activities, housing and infrastructure products, capital markets transactions and strategic initiatives.
News about Westlake often covers developments in its Housing & Infrastructure Products business, including Westlake Royal Building Products and Westlake Royal Roofing Solutions. Recent announcements highlight participation in industry events such as the International Roofing Expo, where Westlake Royal showcases roofing brands like Newpoint Concrete Roof Tile, DaVinci Roofscapes, US Tile clay roofing products, Unified Steel stone coated roofing and Westlake Royal Roofing Components. These stories describe new roofing colors and profiles, system enhancements, installation clinics and product demonstrations for contractors and building professionals.
Investors and industry followers will also find coverage of acquisitions and portfolio expansion. Westlake has announced and completed the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group, a global manufacturer of specialty materials primarily serving the wire and cable sectors. News items explain how this transaction strengthens Westlake Global Compounds and extends its manufacturing footprint into Portugal, Romania and Tunisia, alongside existing operations in Mexico.
Additional news topics include capital markets actions such as senior notes offerings and cash tender offers for existing debt, dividend declarations, and operational updates like plans to rationalize certain North American chlorovinyl and styrene assets. For those tracking WLK, this page brings together company press releases and related coverage in one place, helping readers follow developments in Westlake’s materials, polymers and building products businesses over time.
Westlake Royal Building Products (NYSE: WLK) has expanded its Grove Collection, a line of architectural PVC trim and mouldings, with new products including column wraps, nickel gap profile, and flat trim. The collection, which combines wood-like aesthetics with PVC durability, has been named a finalist for the 2025 Best of IBS™ Awards in the 'Most Innovative Building Material Product' category.
The expansion includes column wraps in 6"x6" and 8"x8" sizes, 6" nickel gap profile, and flat trim in various dimensions. The collection features six colors and comes with a Color Matched Cortex® Hidden Fastening System. The product line is designed to be moisture- and insect-proof, low-maintenance, and easy to install with hidden nailing hems.
Westlake Chemical Partners LP (NYSE: WLKP) reported Q4 2024 net income of $15.0 million ($0.43 per unit), compared to $14.3 million in Q4 2023. Cash flows from operating activities increased to $132.5 million, up $24.8 million from Q4 2023.
For full-year 2024, net income reached $62.4 million ($1.77 per unit), an $8.1 million increase from 2023, driven by higher third-party ethylene sales prices and margins. Operating cash flows grew to $485.0 million, up $33.0 million from 2023.
The Partnership declared its 42nd consecutive quarterly distribution of $0.4714 per unit. The company deferred the planned Petro 1 ethylene unit turnaround to 2025, which helped exceed annual production plans and capture attractive third-party ethylene prices in H2 2024. The maintenance turnaround began in January 2025 and is expected to last approximately 60 days.
Westlake (NYSE: WLK) reported its Q4 and full-year 2024 results, with Q4 net sales of $2.8 billion and net income of $7 million ($0.06 per share). The company achieved record Housing and Infrastructure Products (HIP) annual income from operations of $807 million and EBITDA of $1.1 billion.
Q4 EBITDA reached $416 million, up from $390 million in the prior year, driven by higher sales volume across segments. Full-year 2024 results showed net sales of $12.1 billion and net income of $677 million. The company marked its fifth consecutive quarter of year-over-year sales volume growth, though this was partially offset by lower product pricing.
The HIP segment demonstrated strong performance with a 4% sales increase and 7% volume growth, while Performance and Essential Materials (PEM) sales decreased 1%. The company maintains an optimistic outlook for 2025, particularly in the HIP segment, driven by U.S. housing demand.
Westlake (NYSE: WLK) has declared a quarterly dividend of $0.525 per share for the fourth quarter of 2024. The dividend will be paid on March 19, 2025 to stockholders of record as of March 4, 2025.
The company has maintained a consistent track record of dividend payments and increases since initiating its first dividend on November 11, 2004, marking 20 years of consecutive dividend distributions. This announcement demonstrates Westlake's continued commitment to providing shareholder returns, though future payments remain subject to various risks and uncertainties as detailed in the company's SEC filings.
Westlake Royal Building Products (NYSE:WLK) has announced an expansion of its Newpoint™ Concrete Roof Tile brand with seven new color offerings and extensions of two existing colors. The new colors - Ashen Cove, Auburn Ridge, Earthen Shadow, Olive Bark, Platinum Peak, Tree Bark Blend, and Urban Driftwood - are inspired by natural elements and will be available across select profiles in Northern and Southern California, Arizona, and Nevada markets.
The expansion includes extending existing Cherrywood and Apple Bark colors to additional profiles in Arizona and Nevada. The new colors will be available across various profiles including Saxony Slate, Saxony Shake, Barcelona, Villa, and Mission S, with specific availability varying by region.
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 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 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.