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WLK Stock - Westlake Chemical Corp.


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Westlake Chemical Corp. logo

Westlake Corporation is a global manufacturer and supplier of petrochemicals, polymers, and building products. It operates through two primary segments: Performance and Essential Materials, and Housing and Infrastructure Products. The Performance and Essential Materials segment focuses on the production and marketing of polyethylene, styrene monomer, ethylene co-products, PVC (polyvinyl chloride), VCM (vinyl chloride monomer), ethylene dichloride, chlor-alkali, and various chlorinated derivative prodducts. These materials are essential for a wide range of industrial applications, including flexible and rigid packaging, automotive products, healthcare items, water treatment solutions, and coatings.

The Housing and Infrastructure Products segment caters to the construction and home improvement markets. It manufactures and sells residential PVC siding, PVC trim and moldings, roofing applications, decorative stone, windows, and PVC decking. Additionally, this segment produces PVC films for inflatables, wallcovering, tape, and roofing applications, polymer composite roof tiles, PVC pipe and fittings, and PVC compounds. The segment also offers various consumer and commercial products such as landscape edging, industrial, home and office matting, marine dock edging, and masonry joint controls. These products are distributed to chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses.

Originaly known as Westlake Chemical Corporation, the company rebranded to Westlake Corporation in February 2022 to better reflect its diversified product offerings and global presence. Founded in 1986 and headquartered in Houston, Texas, Westlake Corporation continues to be a subsidiary of TTWF LP. Its extensive product portfolio serves a broad range of consumer and industrial markets, solidifying its role as a key player in the materials manufacturing sector.

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Stock Sector: Chemicals: Specialty Chemicals

 

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