Westlake Chemical Corporation · Houston, TX United States ·(NYSE: WLK)
Company Description
Phone: 713-960-9111
Fax: 713-963-1590
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Money matters, and vertically integrated Westlake Chemical turns matter into money. The company produces petrochemicals and plastics such as PVC. Its petrochemicals include ethylene, ethyl benzene, and styrene, which are building blocks in plastics. Its plastics offerings include PVC and polyethylene, both of which are common in packaging products and grocery bags. Westlake also produces the chlorine used in PVC, as well as caustic soda. Other Westlake operations produce PVC products such as pipe (North American Pipe), fencing (Westech Fence), and windows. The Chao Group -- which has various investments, including Titan Group, a Malaysian plastics maker -- owns 70% of Westlake. To read the full description, subscribe now.
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Key Westlake Chemical Corporation Financials
| Company Type | Public - NYSE: WLK Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $3,692.4 |
| 2008 Employees | 1,961 |
Westlake Chemical Corporation Executives
17 executives listed for Westlake Chemical Corporation's Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman | James Chao | Network |
| President, CEO, and Director | Albert Chao | Network |
| SVP, CFO, and Treasurer | Steven Bender | Network |
Competition
Competitive Landscape for Westlake Chemical Corporation
Demand is driven by the health of the US economy because chemicals are used to make a wide variety of industrial and consumer products. The profitability of individual companies is closely tied to efficient operations. Big companies have large economies of scale in production. Small companies can compete effectively by producing specialty products, of which there are a large number, or by operating a single plant highly efficiently. The industry is capital-intensive: average annual revenue per employee is more than $500,000. To read the full description, subscribe now.Top Westlake Chemical Corporation Competitors
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