Westlake Contributes to Houston Harris County Winter Storm Relief Fund

Rhea-AI Summary

Westlake Chemical Corporation (NYSE: WLK) and the Ting Tsung and Wei Fong Chao Foundation have jointly contributed $100,000 to the Houston Harris County Winter Storm Relief Fund. This fund was created to provide emergency aid to those impacted by the February 2021 winter storm. Westlake's President and CEO, Albert Chao, emphasized the company's commitment to the Houston community, where it has operated for nearly 35 years. The company, headquartered in Houston, is a global supplier of materials for various essential industries.

Positive

• Contribution of $100,000 to disaster relief showcases community commitment.
• Support for local initiatives may enhance corporate reputation.

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• None.

Westlake Chemical Corporation (NYSE: WLK) today announced that the company and the Ting Tsung and Wei Fong Chao Foundation have contributed a combined $100,000 to the Houston Harris County Winter Storm Relief Fund. The Houston Harris County Winter Storm Relief Fund was established by the City of Houston and Harris County in conjunction with the United Way of Greater Houston and the Greater Houston Community Foundation to provide emergency assistance for individuals adversely affected by the February 2021 winter storm.

“As part of the Houston community, which has been Westlake’s home for nearly 35 years, we feel it is a privilege to help in this time of need,” said Westlake President and CEO Albert Chao, who is also vice president and treasurer of the charitable foundation established in 1999 by the Chao family.

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 packaging and healthcare products to automotive and consumer goods, to building and construction products. For more information, visit the company's web site at www.westlake.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210325005133/en/

FAQ

What was the purpose of Westlake's $100,000 donation?

The donation aimed to assist individuals affected by the February 2021 winter storm.

Who else contributed to the Houston Harris County Winter Storm Relief Fund?

The Ting Tsung and Wei Fong Chao Foundation partnered with Westlake for the contribution.

How long has Westlake been part of the Houston community?

Westlake has been a part of the Houston community for nearly 35 years.

What is the stock symbol for Westlake Chemical Corporation?

The stock symbol for Westlake Chemical Corporation is WLK.