Westlake Corporation Hosts Housing and Infrastructure Products Teach-In

Rhea-AI Summary

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.

Positive

• Updated full-year 2024 guidance for HIP segment.
• Positive long-term demand fundamentals for HIP products.
• Diverse end markets and strong brands driving growth.
• Strategic investments poised to deliver customer value and maintain strong margins.
• Focus on innovative products and comprehensive solutions.

Negative

• No specific financial figures or growth targets disclosed in the PR.
• Lack of detailed information on potential risks or challenges faced by HIP segment.

Updates Full-Year 2024 Outlook for Housing and Infrastructure Products

HOUSTON--(BUSINESS WIRE)-- Westlake Corporation (NYSE: WLK) will host a teach-in today focused on its Housing and Infrastructure Products (“HIP”) businesses beginning at 9:00 AM Eastern Time. The event will include formal presentations and a Q&A panel session with senior leadership and is expected to conclude around 1:00 PM Eastern Time.

During the event, Albert Chao, President and Chief Executive Officer; Steve Bender, Executive Vice President and Chief Financial Officer; Robert Buesinger, Executive Vice President – Housing & Infrastructure Products, IT & Digital; and the leaders of Westlake Royal Building Products, Westlake Pipe & Fittings, and Westlake Global Compounds, will present an in-depth overview of the Company's HIP segment, including:

• The positive long-term demand fundamentals driving growth across the business segments
• The diverse end markets served by each business segment through strong brands, innovative products, and comprehensive solutions
• The organic growth targets and drivers for each business segment and HIP as a whole

Additionally, the Company will present updated full-year 2024 guidance for the HIP segment.

“We are pleased to provide the investment community more details about our HIP segment, which is a valuable part of Westlake Corporation,” said Albert Chao, President and Chief Executive Officer. “Through broad geographic reach, technical expertise, continuous innovation, and strategic investments, our HIP businesses are well-positioned to deliver value to our customers, maintain strong margins, and grow organic revenue.”

Westlake Corporation Housing and Infrastructure Products Teach-In Webcast Information:

A webcast to discuss Westlake Corporation's Housing and Infrastructure Products business will be held Thursday, June 13, 2024 at 9:00 AM Eastern Time. The live webcast and presentation materials will be available at https://investors.westlake.com/events-and-presentations/event-details/2024/Investor-Day-Teach-In/default.aspx.

A replay of the webcast will be available beginning two hours after its conclusion.

About Westlake

Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital solutions — from housing and construction, to packaging and healthcare, to automotive and consumer. 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/20240613772142/en/

(713) 960-9111

Investors—Steve Bender

Media—L. Benjamin Ederington

Source: Westlake Corporation

FAQ

What is Westlake 's (WLK) Housing and Infrastructure Products teach-in about?

The teach-in focuses on Westlake's HIP businesses, including presentations and a Q&A session with senior leadership.

When will Westlake (WLK) host the Housing and Infrastructure Products teach-in?

The event takes place on June 13, 2024, starting at 9:00 AM Eastern Time.

What will be discussed during the Westlake (WLK) teach-in?

The event will cover the demand fundamentals, diverse end markets, and organic growth targets for the HIP segment.

Where can I access the webcast for the Westlake (WLK) HIP teach-in?

The live webcast and materials will be available on Westlake's investor relations website.

What updates will Westlake (WLK) provide for 2024?

Westlake will present updated full-year 2024 guidance for its HIP segment.