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) is a globally recognized manufacturer and supplier of petrochemicals, plastics, and fabricated products. These products play a crucial role in enhancing the daily lives of people worldwide. From the tires we ride on to the plastic wrap that keeps our food fresh, and from the pipes ensuring clean water to the frames securing our windows, Westlake Corporation's offerings are integral to a multitude of everyday applications.
Headquartered in Houston, Texas, Westlake employs approximately 4,100 people and operates from 16 locations across North America, 7 in Europe, and 1 in China. This extensive network enables the company to efficiently serve a global clientele.
Westlake Corporation's business is divided into two main segments:
- Performance and Essential Materials: This segment provides a wide range of fundamental building blocks for numerous products used in daily life, including olefins, vinyl chemicals, polyethylene, and epoxies. These materials are essential for various industries, from automotive to packaging and construction.
- Housing and Infrastructure Products: This segment focuses on producing finished goods critical to the building products, pipe and fittings, and global compounds businesses. The products in this segment support infrastructure development and housing projects, highlighting Westlake's significant role in these sectors.
Westlake Corporation prides itself on innovation and sustainability. The company has been involved in numerous projects aimed at reducing environmental impact, enhancing product performance, and ensuring safety standards. Recent achievements include advancements in polymer technology and strategic partnerships that expand their market reach and enhance product offerings.
Financially, Westlake Corporation has demonstrated robust performance, reflecting its strategic investments and market positioning. The company's financial health is supported by a strong balance sheet, consistent revenue growth, and effective cost management strategies.
For more detailed information and the latest updates, visit Westlake Corporation's official website.
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Westlake Chemical Partners (WLKP) will release its Q4 and full year 2023 earnings on February 20, 2024. A conference call to discuss the earnings will be held at 1:00 p.m. ET. Registration is required to access the call. The call and replay will be available via webcast.
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Westlake Corporation (WLK) is set to release its Q4 and full year 2023 earnings on February 20, 2024. The company will host a conference call to discuss the earnings release, which can be accessed via phone or webcast. Investors and traders can pre-register for the call to receive a unique PIN number for access.
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Westlake Royal Building Products, a Westlake company (NYSE: WLK), has launched an all-new Material List Generator for Unified Steel, a premium brand of Westlake Royal’s Roofing Solutions. The tool simplifies the estimating process for Unified Steel Stone Coated Roofing and Westlake Royal Roofing Components. The system integrates seamlessly with roof measurements acquired traditionally or through 3D and geospatial measurement generating software solutions. It also allows users to save their projects for future reference. The Material List Generator is available at no cost for builders, contractors, and homeowners. The tool is designed to simplify the roofing process and provide a list of materials and quantities needed for a specific roof project quickly and efficiently.
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Westlake Chemical Partners LP (WLKP) has declared a distribution of $0.4714 per unit, marking the 38th quarterly distribution since its IPO. The distribution will be payable on February 20, 2024, to unit holders of record on February 2, 2024. Non-U.S. investors will be subject to federal income tax withholding at the highest applicable effective tax rate.
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Westlake Global Compounds and Westlake Dimex are partnering to leverage their expertise in PVC compounds and recycled materials, aiming to reduce waste and environmental impact. The collaboration will focus on reprocessing materials and toll processing services, with GreenCircle certifications for various compound products. The partnership will expand Westlake Dimex's tolling operations and offerings into international markets, contributing to waste reduction and recycling efforts.
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DaVinci® Roofscapes (Ticker Symbol: DAVINCI) announces the winners of the 2023 DaVinci® Masterpiece Contractor® Project of the Year Awards. The awards recognize outstanding residential and commercial roofing projects across the country. The winners were chosen based on the excellence of installation work, visual impact, and ability to transform the look of a home or commercial project. The press release features multimedia showcasing the winning projects.
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Westlake Royal Roofing Solutions™ (Ticker: WRRS) offers architects a new CEU continuing education course, allowing them to earn one CEU credit upon completion. The course focuses on efficient and resilient roofing systems and components.
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Westlake Royal Building Products (WLK) to showcase new products at The Buildings Show 2023 in Toronto. The exhibit will feature products from industry-leading brands, including Versetta Stone, Cedar Renditions, Celect Cellular Composite Siding, Royal Estate Vinyl Siding, Portsmouth Shake and Shingles, Haven Insulated Siding, and DaVinci Roofscapes. The event will also include a demonstration of Versetta Stone installation by the Westlake Royal team.
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Westlake Royal Building Products (WLK) expands partnership with U.S. LUMBER and Amerhart, leading specialty building products (SBP) brands, to distribute more products across multiple locations. The expanded partnership will include distribution of Westlake Royal’s leading brands in Michigan, Wisconsin, Ohio, Pennsylvania, New York, New Jersey, and Massachusetts, providing customers with customized solutions. U.S. LUMBER and Amerhart are privately held distributors with strong geographical growth and a focus on wholesale lumber and building materials.
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Westlake Corporation (NYSE: WLK) declares $0.500 per share dividend payable on December 6, 2023
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FAQ
What is the current stock price of Westlake Corporation (WLK)?
The current stock price of Westlake Corporation (WLK) is $130.45 as of November 22, 2024.
What is the market cap of Westlake Corporation (WLK)?
The market cap of Westlake Corporation (WLK) is approximately 16.8B.
What does Westlake Corporation do?
Westlake Corporation is a manufacturer and supplier of petrochemicals, plastics, and fabricated products essential for everyday life.
Where is Westlake Corporation headquartered?
Westlake Corporation is headquartered in Houston, Texas.
How many employees does Westlake Corporation have?
Westlake Corporation employs approximately 4,100 people.
What are the main segments of Westlake Corporation?
Westlake Corporation operates mainly through its Performance and Essential Materials segment and its Housing and Infrastructure Products segment.
What products does the Performance and Essential Materials segment offer?
This segment offers essential building blocks such as olefins, vinyl chemicals, polyethylene, and epoxies.
What is included in the Housing and Infrastructure Products segment?
This segment includes finished goods for building products, pipe and fittings, and global compounds businesses.
In which regions does Westlake Corporation operate?
Westlake Corporation operates in North America, Europe, and China.
What recent achievements has Westlake Corporation made?
Recent achievements include advancements in polymer technology and strategic partnerships expanding market reach and product offerings.
How financially stable is Westlake Corporation?
Westlake Corporation has a strong balance sheet and consistent revenue growth, reflecting its robust financial health.
Where can I find more information about Westlake Corporation?
For more information, you can visit Westlake Corporation's official website at www.westlake.com.
Westlake Corporation
NYSE:WLK
WLK Rankings
WLK Stock Data
16.80B
34.28M
73.35%
26.8%
0.85%
Specialty Chemicals
Industrial Organic Chemicals
United States of America
HOUSTON