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.
Olin (NYSE: OLN), part of the Ad Hoc Coalition of Epoxy Resin Producers, has prompted the European Commission to initiate an anti-dumping investigation into epoxy resin imports from China, South Korea, Taiwan, and Thailand. The Coalition alleges these countries' exporters have significantly undercut EU prices, causing harm to the European epoxy resin industry. The complaint suggests dumping margins between 10% and 170%, depending on the country. If proven, additional duties may be imposed to restore market fairness. The investigation also echoes similar anti-dumping measures under review in the U.S. Ensuring a level playing field could bolster the EU epoxy resin industry's supply chain resilience, job market, and economic security.
Westlake Innovations, a subsidiary of Westlake (NYSE: WLK), has announced an investment in the Blackhorn Industrial Impact Fund II. This fund aims to support 40 capital-efficient companies focused on decarbonizing difficult-to-transition sectors in the U.S. economy. The investment aligns with Westlake's commitment to sustainability and innovative technology. Managed by Blackhorn Ventures, the fund targets sectors such as energy, transportation, logistics, and the built environment, leveraging engineering and science breakthroughs for resource efficiency. Blackhorn Ventures has a portfolio of 65 companies addressing significant economic issues like labor and housing shortages, supply chain resilience, energy security, and the electrification of transportation infrastructure.
Westlake Royal Building Products, a division of Westlake (NYSE: WLK), has introduced four new colors—Treated Cedar, Platinum, French Roast, and Storm Cloud—to its Mid-America shutters line. This addition aligns with current trends in siding colors, enhancing the open louver, raised panel, board & batten, and louver/panel combo shutters.
Steve Booz, VP of marketing, highlights that these shutters not only beautify homes but also elevate overall curb appeal through vibrant color options and accurate architectural designs. Mid-America's shutters are designed for easy installation across various home exteriors, ensuring enduring vibrancy with SolidThru™ Colors, even in the case of scratches or impacts.
Westlake Global Compounds has partnered with FourKites to enhance its logistics and customer service with real-time shipment tracking. This collaboration will leverage FourKites' advanced supply chain visibility platform to predict and prevent shipment disruptions. The integration will provide a comprehensive view of Westlake's supply chain across all SKUs, shipments, orders, and facilities, primarily in the US. This move aims to improve decision-making, enhance customer satisfaction, and position Westlake at the forefront of the PVC compounds market. Westlake Global Compounds operates facilities in multiple countries including China, France, Germany, Italy, Mexico, Spain, the US, and Vietnam.
Westlake (NYSE: WLK) announced that its European Epoxy business has received a 2024 Gold Medal from EcoVadis. This places Westlake Epoxy in the top 5% of the chemical industry for corporate social responsibility (CSR) performance. The evaluation by EcoVadis, a global leader in business sustainability ratings, assessed Westlake Epoxy across Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The company scored 75 out of 100 points, ranking in the 97th percentile among its peers. Dr. Karl-Martin Schellerer, Senior VP for Europe and Asia, emphasized the firm's commitment to sustainability and continuous improvement. Westlake Epoxy is a key producer in industries such as aerospace, automotive, and construction.
Westlake Royal Building Products (NYSE:WLK) will showcase its 'Be Boundless' campaign, new product innovations, and top industry trends at the Pacific Coast Builders Conference (PCBC) in Anaheim, CA on June 19-20, 2024. Featured brands include Eldorado Stone, Cultured Stone, DaVinci Roofscapes, and Celect Siding, among others.
The 'Be Boundless' campaign focuses on Innovation, Connection, and Expression. Key industry trends highlighted will be Design Versatility, High-Performance Products & Materials, and Innovative Industry Solutions.
New product highlights include Dutch Quality Stone’s new colorways, Eldorado Stone’s Rivenwood™, and advanced roofing solutions like DaVinci Roofscapes and Unified Steel Stone Coated Roofing. Additionally, the company will participate in the Wildfire Prepared Home demonstration, showcasing Unified Steel Coated Roofing and related components.
Westlake (NYSE: WLK) is hosting a teach-in today, focusing on its Housing and Infrastructure Products (HIP) businesses, starting at 9:00 AM Eastern Time. The event, concluding at around 1:00 PM, features presentations and a Q&A session with senior leadership, including President and CEO Albert Chao, EVP and CFO Steve Bender, and EVP Robert Buesinger. The key topics include the positive long-term demand for HIP, the diverse markets served by Westlake's brands, and the company's organic growth targets. Additionally, Westlake will present updated full-year 2024 guidance for HIP. The webcast and supporting materials can be accessed live and in replay at the company's investor relations website.
Westlake Royal Building Products™ (NYSE: WLK) will showcase its Be Boundless™ campaign, top industry trends, and new product innovations at the AIA Conference on Architecture & Design 2024 (AIA24) in Washington D.C., from June 5-8, 2024.
The exhibit will highlight their wide range of innovative products, including Celect® Cellular Composite Siding, Cedar Renditions™ aluminum siding, and TruExterior® Siding & Trim, among others.
The Be Boundless campaign focuses on Innovation, Connection, and Expression, providing limitless opportunities for builders and designers.
Key trends for 2024 include Design Versatility, High-Performance Products, and Innovative Industry Solutions to address labor shortages and delivery issues.
New product highlights include additions in siding, trim, and roofing, featuring advanced materials and innovative designs.
Westlake Chemical Partners (NYSE: WLKP) has released its 2023 investor tax reporting information. The Partnership will report items of international tax relevance on Schedule K-3 for the 2023 tax year. This information is important for certain unitholders, including foreign investors and those with US international reporting obligations. All income is effectively connected with a US trade or business. The Schedule K-3 details are now available online and are necessary for completing tax returns. Unitholders are advised to review this information and consult with their tax advisor.
Westlake Pipe & Fittings, a division of Westlake (NYSE: WLK), announced a significant investment in a new PVCO pipe plant at its Wichita Falls, Texas site. The 190,000 square-foot facility aims to enhance its product portfolio with advanced PVCO pipe manufacturing, first introduced in Canada in 2021. The expansion, leveraging the region's strategic U.S. location, demonstrates Westlake's commitment to growth, innovation, and job creation. The PVCO pipes offer superior strength, durability, and reduced environmental impact. Construction is set to begin by the end of 2024, with support from local government incentives.
