STOCK TITAN

Westlake Contributes $250,000 to the Hurricane Ida Relief Fund

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Westlake Chemical Corporation (NYSE: WLK) has donated $250,000 to the Capital Area United Way’s Hurricane Ida Relief Fund in Baton Rouge, Louisiana. This fund aims to support victims from the storm in ten surrounding parishes. CEO Albert Chao expressed solidarity with the affected community, noting approximately 1,000 employees in the region. In addition to the financial aid, the company is providing assistance to employees and their families impacted by the hurricane.

Positive
  • Contribution of $250,000 to Hurricane Ida Relief Fund.
  • Support for approximately 1,000 local employees and their families.
Negative
  • None.

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Corporation (NYSE: WLK) today announced that it has contributed $250,000 to the Capital Area United Way’s Hurricane Ida Relief Fund in Baton Rouge, Louisiana. The Hurricane Ida Relief Fund was established to aid storm victims in the 10 parishes surrounding greater Baton Rouge.

“As a long-time member of the greater Baton Rouge community, home to approximately 1,000 of our Louisiana employees and core contractors, who work at our plants in Ascension and Iberville parishes, we are saddened by the many residents in the area who have been affected by Hurricane Ida,” said Westlake President and Chief Executive Officer Albert Chao. “We are thankful for the support of organizations like the United Way in this time of great need.”

In addition to this financial contribution, Westlake has been assisting its employees and their families, many of whom have suffered damage to their homes and have been without power.

About Westlake

Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, we provide the building blocks for vital solutions — from building products and infrastructure materials, to packaging and healthcare products, to automotive and consumer goods. For more information, visit the company's web site at www.westlake.com.

Chip Swearngan, media@westlake.com or 1-713-585-2900

Source: Westlake Chemical Corporation

FAQ

What was Westlake Chemical's recent donation amount for Hurricane Ida relief?

Westlake Chemical Corporation donated $250,000 to the Hurricane Ida Relief Fund.

Which fund is Westlake Chemical supporting for Hurricane Ida victims?

Westlake is supporting the Capital Area United Way’s Hurricane Ida Relief Fund.

How many employees does Westlake Chemical have in Baton Rouge?

Westlake Chemical has approximately 1,000 employees in the Baton Rouge area.

What is Westlake Chemical doing to help its employees affected by Hurricane Ida?

Westlake Chemical is providing assistance to employees and their families who suffered damage due to Hurricane Ida.

Westlake Corporation

NYSE:WLK

WLK Rankings

WLK Latest News

WLK Stock Data

16.57B
34.28M
73.35%
26.8%
0.85%
Specialty Chemicals
Industrial Organic Chemicals
Link
United States of America
HOUSTON