Westlake Corporation (WLK) NYSE

Currency In USD

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Westlake Corporation

Address

2801 Post Oak Boulevard

Houston, TX 77056

United States of America (the)

Phone

713 960 9111

Sector

Basic Materials

Industry

Chemicals - Specialty

Employees

14600

First IPO Date

August 12, 2004

Key Executives

NameTitlePayYear Born
Jean-Marc GilsonPresident, Chief Executive Officer & Director2.46M1963
James Y. ChaoSenior Chairman1.41M1948
Mark Steven BenderSpecial Advisor1.75M1957
L. Benjamin EderingtonExecutive Vice President of Legal & External Affairs1.9M1971
Albert Yuan ChaoExecutive Chairman2.49M1950
Brian PowersSenior VP of Performance & Essential Materials Segment Head0N/A
Jeffrey A. HolyVice President of Finance & Investor Relations01980
Tommy E. DarbyVice President & Chief Accounting Officer01981
Jonathan H. BakshtSenior VP & CFO01976
Scott T. SzwejbkaSenior Vice President of Housing & Infrastructure Products Segment Head01969
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Description

Westlake Corporation operates as a global producer and supplier of petrochemicals, polymers, and a diverse range of building materials. Its business activities are structured into two main divisions: Performance and Essential Materials, and Housing and Infrastructure Products. The Performance and Essential Materials segment focuses on the manufacture and distribution of various chemical components, including polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and related chlorinated derivatives. Concurrently, the Housing and Infrastructure Products division manufactures an extensive array of building and consumer goods. These offerings span residential PVC siding, trim, and moldings; roofing applications; decorative stone; windows; PVC decking; various PVC films for items like inflatables, wall coverings, tape, and roofing; polymer composite roof tiles; PVC pipe and fittings; and PVC compounds. This segment also produces consumer and commercial items such as landscape edging, industrial and home matting, marine dock edging, and masonry joint controls. Westlake's broad customer base includes chemical processors, plastics fabricators, smaller construction contractors, municipal entities, and supply warehouses. Their products are integrated into numerous consumer and industrial markets, such as residential construction, flexible and rigid packaging, automotive manufacturing, healthcare, water treatment, coatings, and a wide array of other durable and non-durable goods. Founded in 1986 and headquartered in Houston, Texas, the company adopted its current name, Westlake Corporation, in February 2022, having previously operated as Westlake Chemical Corporation. Westlake Corporation functions as a subsidiary of TTWF LP.

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