Articles from Westlake Corporation

Today Westlake Corporation (NYSEWLK) announced that Westlake Compounds LLC has been awarded the esteemed EcoVadis Bronze Medal for its commitment to improved environmental sustainability and management. This accolade places Westlake Compounds LLC among the top 35% of companies assessed by EcoVadis globally.

Westlake Innovations, Inc., a subsidiary of Westlake Corporation (NYSEWLK), today announced the company has invested in Universal Matter, Inc. The Burlington, Ontario-based company’s vision is to become the leading supplier of high-quality and sustainable graphene and advanced materials to help decarbonize the planet. Westlake’s action builds upon the company’s commitment to helping develop a more sustainable future through continuous improvement its own manufacturing as well as strategic investments in innovative technologies and startup firms.

Westlake Corporation (NYSEWLK) today announced that Mr. Roger A. Cregg has been appointed to the company’s board of directors. Mr. Cregg succeeds Mr. Marius A. Haas who, as previously disclosed, informed the board that he intended to retire from the board effective upon the appointment of his successor. Mr. Haas’ retirement from the board was effective on December 10, 2024.

Westlake Corporation (NYSEWLK) today released its 2023 Sustainability Report, the company’s seventh voluntary annual update on sustainability innovations in products and continuous improvement in operations. The report also expands on the Company’s contributions to local communities as well as advancements in employee collaboration and professional development.

The Board of Directors of Westlake Corporation (NYSEWLK) today declared a regular dividend distribution of $0.525 per share for the third quarter of 2024. This dividend will be payable on December 12, 2024, to stockholders of record on November 26, 2024.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced third quarter 2024 results.

Westlake Corporation (NYSEWLK) will release its third quarter 2024 earnings prior to the market opening on Tuesday, November 5, 2024. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Corporation (NYSEWLK) today announced that Westlake Global Compounds businesses and operating sites outside of the U.S. - Westlake Compounds Holdings, S.A.S. - have been awarded the esteemed EcoVadis Silver Medal, reflecting the company’s commitment to improved environmental sustainability and corporate social responsibility. This accolade places these Westlake Global Compounds sites among the top 15% of companies assessed by EcoVadis globally over the past year. EcoVadis is the world’s largest and most trusted provider of business sustainability ratings and evaluates companies globally on their corporate social responsibility performance using international standards like the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000.

Westlake Global Compounds and Westlake Dimex, business units of Westlake Corporation (NYSEWLK), today announced the launch of “Choose Pink,” a pilot polyvinyl chloride (PVC) recycling program with Houston Methodist. The program is the first-of-its-kind at a health care system in Houston and will take place at the Outpatient Center (OPC) at Houston Methodist Hospital, the hospital’s flagship location in the Texas Medical Center.

The Board of Directors of Westlake Corporation (NYSEWLK) today declared a regular dividend distribution of $0.525 per share for the second quarter of 2024. This dividend will be payable on September 5, 2024, to stockholders of record on August 20, 2024.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced second quarter 2024 results.

Westlake Corporation (NYSEWLK) will release its second quarter 2024 earnings prior to the market opening on Tuesday, August 6, 2024. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Corporation (NYSEWLK) (the “Company” or “Westlake”) today announced that Jean-Marc Gilson, who most recently served as President and Chief Executive Officer of Mitsubishi Chemical Group Corporation, has been appointed by the Board of Directors to serve as President and Chief Executive Officer of Westlake. Jean-Marc Gilson succeeds Albert Chao, who will transition to become Executive Chairman of the Westlake Board of Directors. James Chao, the current Chairman of the Board, will become Senior Chairman of the Westlake Board of Directors. These appointments take effect today.

This year, a particularly large number of plastics converters took part in the annual polymer producers’ assessment sponsored by the Polymers for Europe Alliance. All polymers users in Europe had until mid-May to vote and rate their polymer suppliers' performance during the past 12 months. Following this year's key criteria delivery reliability, circularity, quality, communication, innovation and commitment to the European Market, Westlake Vinnolit won the PVC category with 92% of the vote. "We are delighted with this great success and would like to thank our customers for their continued trust and inspiration," said Dr. Karl-Martin Schellerer, Senior Vice President, Westlake Performance and Essential Materials - Europe and Asia, and Managing Director of Westlake Vinnolit. "At the same time, this is the greatest incentive for us to continue to improve."

Westlake Corporation (NYSEWLK) today announced that Westlake Epoxy’s European business has been awarded a 2024 Gold Medal from EcoVadis. This award positions Westlake Epoxy among the top 5% of businesses in the chemical industry receiving this esteemed recognition from EcoVadis. EcoVadis is the world’s largest and most trusted provider of business sustainability ratings and evaluates companies globally on their corporate social responsibility (CSR) performance using international standards like the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000.

Westlake Corporation (NYSEWLK) 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.

The Board of Directors of Westlake Corporation (NYSEWLK) today declared a regular dividend distribution of 50 cents per share for the first quarter of 2024. This dividend will be payable on June 6, 2024, to stockholders of record on May 21, 2024.

Westlake Corporation (NYSEWLK), a global manufacturer and supplier of materials and innovative products, will showcase its solutions that enhance your life every day at NPE 2024 in OCCC West Hall Booth 203 ABC, to be held from May 6-10 in Orlando, Florida.

Commercial pools around the country will soon open, ushering in the start of the summer season. In recognition of National Water Safety Month, which began on May 1st, Westlake Water Solutions, a business unit of Westlake Corporation (NYSEWLK); and NSF International, a leading public health and safety organization that provides testing and standards, are reminding health inspectors and pool operators about the importance of using properly specified chlorine tablets in their certified sanitizing systems.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced first quarter 2024 results.

Westlake Corporation (NYSEWLK) announced today that Westlake Epoxy will launch several new lower yellowing epoxy products at the American Coatings Show 2024, to be held in Indianapolis, Indiana (USA) from April 30 to May 2, 2024.

Westlake Corporation (NYSEWLK) will release its first quarter 2024 earnings prior to the market opening on Wednesday, May 1, 2024. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Corporation (NYSEWLK) today announced that it will host an investor event focused on its Housing & Infrastructure Products (“HIP”) businesses on Thursday, June 13, 2024, from 9:00 a.m. to 1:00 p.m. 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 review of the Company’s HIP segment and its financials. The event will cover Westlake’s integrated and expanded business portfolio, including the breadth of diversified and market-leading products made by the HIP businesses, which serve the home building and construction markets, municipal water and sewer infrastructure, and automotive and healthcare industries.

Westlake Corporation (NYSEWLK) announced today that its Westlake Epoxy Duisburg, Germany manufacturing site has received the International Sustainability & Carbon Plus (ISCC PLUS) certification. The site received mass balance certification for its tracing and handling of sustainable materials in the production of epoxy specialty products. This is the second Westlake Epoxy site in Europe to receive ISCC PLUS certification. The goal is to achieve this certification for all Westlake Epoxy sites in Europe in the near future.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced fourth quarter and full year 2023 results.

The Board of Directors of Westlake Corporation (NYSEWLK) today declared a regular dividend distribution of 50 cents per share for the fourth quarter of 2024. This dividend will be payable on March 14, 2024, to stockholders of record on February 28, 2024.

Westlake Corporation (NYSEWLK) will release its fourth quarter and full year 2023 earnings prior to the market opening on Tuesday, February 20, 2024. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Global Compounds, a leading provider of PVC compounds, is combining its sustainability efforts with Westlake Dimex, a leading recycler of industrial PVC. This collaboration will leverage Westlake Global Compounds' expertise in PVC compounds with Westlake Dimex's expertise in recycled materials, helping Westlake Global Compounds in its efforts to reduce waste and its environmental impact.

The Board of Directors of Westlake Corporation (NYSEWLK) today declared a regular dividend distribution of 50 cents per share for the third quarter of 2023. This dividend will be payable on December 6, 2023, to stockholders of record on November 21, 2023.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced third quarter 2023 results.

Westlake Corporation (NYSEWLK) today released its 2022 Environmental, Social and Governance (ESG) report, which marks the company’s sixth annual update on sustainability advances and initiatives in products and operations. This year, the report includes certain metrics established by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB). Further, in the fourth quarter of 2022, Westlake performed a Task Force on Climate-Related Disclosures (TCFD) Gap Assessment, and the 2022 ESG report includes the company’s first TCFD disclosures, thus laying the groundwork to work toward reporting against the TCFD standards.

Westlake Corporation (NYSEWLK) will release its third quarter 2023 earnings prior to the market opening on Thursday, November 2, 2023. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Corporation (NYSEWLK) today announced the launch of PIVOTAL™, a line of “one-pellet solutions” for the introduction of post-consumer resin (PCR) into flexible packaging. PIVOTAL™ offers customers a more sustainable material for use in the production of non-FDA applications.

The Board of Directors of Westlake Corporation (NYSEWLK) today declared a regular dividend distribution of 50.00 cents per share for the second quarter of 2023, an increase of approximately 40% from the 35.70 cents per share of the first quarter of 2023. This dividend will be payable on September 12, 2023, to stockholders of record on August 25, 2023.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced second quarter 2023 results.

Westlake Corporation (NYSEWLK) will release its second quarter 2023 earnings prior to the market opening on Thursday, August 3, 2023. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

The Board of Directors of Westlake Corporation (NYSEWLK) declared today a regular dividend distribution of $0.357 per share for the first quarter of 2023. This dividend will be payable on June 8, 2023, to stockholders of record on May 23, 2023.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced first quarter 2023 results.

Westlake Corporation (NYSEWLK) will release its first quarter 2023 earnings prior to the market opening on Thursday, May 4, 2023. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Corporation (NYSEWLK) today announced that Westlake Epoxy will launch its new AZURES™ product range at the European Coatings Show 2023, to be held in Nuremberg, Germany, March 28 to 30, 2023.

Westlake Corporation (NYSEWLK) today announced that Westlake Epoxy’s Pernis, Netherlands site has completed the first sale of certified mass balanced Bisphenol A (BPA). Additionally, the site received mass balance certification for its tracing and handling of sustainable materials in the production of epoxy products for its International Sustainability & Carbon Plus (ISCC+) certification. This is a significant step in Westlake Epoxy’s strategy to integrate renewable carbon materials into its raw material supply chain while reducing energy use and greenhouse gas emissions.

Westlake Corporation (NYSEWLK) today announced that Westlake Epoxy’s European business received a 2022 Platinum Medal from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. Westlake Epoxy was also rated at this level in 2021 which positions it at the top 1% of companies assessed by EcoVadis.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced fourth quarter and record full-year 2022 results.

The Board of Directors of Westlake Corporation (NYSEWLK) declared today a regular dividend distribution of $0.3570 per share for the fourth quarter of 2022. This dividend will be payable on March 16, 2023, to stockholders of record on March 1, 2023.

Westlake Corporation (NYSEWLK) will release its fourth quarter and full year 2022 earnings prior to the market opening on Tuesday, February 21, 2023. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

The Board of Directors of Westlake Corporation (NYSEWLK) declared today a regular dividend distribution of $0.3570 per share for the third quarter of 2022. This dividend will be payable on December 9, 2022, to stockholders of record on November 25, 2022.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced third quarter 2022 results.

Westlake Corporation (NYSEWLK) will release its third quarter 2022 earnings prior to the market opening on Thursday, November 3, 2022. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Corporation (NYSEWLK) today released its 2021 Environmental, Social and Governance Report and, concurrently, its Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) Appendix, as the company enhances its data reporting systems and reinforces its commitment to transparency.

The Board of Directors of Westlake Corporation (NYSEWLK) today authorized the company to repurchase an additional $500 million of shares of its common stock under its existing share repurchase program. As of August 12, 2022, approximately 9.8 million shares of common stock had been acquired at an aggregate purchase price of approximately $600 million since the inception of its initial share repurchase program in 2011. After the expansion of the size of the current program, and as of August 12, 2022, an aggregate of approximately $550 million will be available for purchase under the program.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced record second quarter 2022 results.

Westlake Corporation (NYSEWLK) will release its second quarter 2022 earnings prior to the market opening on Tuesday, August 2, 2022. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

The Board of Directors of Westlake Corporation (NYSEWLK) declared today a regular dividend distribution of $0.2975 per share for the first quarter of 2022. This dividend will be payable on June 7, 2022, to stockholders of record on May 23, 2022.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced record first quarter 2022 results.

Westlake Corporation (NYSEWLK) will release its first quarter 2022 earnings prior to the market opening on Tuesday, May 3, 2022. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release.

Westlake Corporation (NYSEWLK), will host its inaugural Investor Day on Thursday, April 7, 2022, at 9:00 a.m. Eastern Time. During the event, members of the executive leadership team will present an in-depth overview of the Company’s long-term strategic vision and direction, financial outlook, capital allocation priorities, and plans to drive long-term shareholder value. Speakers include Albert Chao, President and Chief Executive Officer; Roger Kearns, Chief Operating Officer; Robert Buesinger, Executive Vice President; Steve Bender, Chief Financial Officer; and Larry Schubert, Vice President, Sustainability and Corporate Development.

Westlake Corporation (NYSEWLK) today announced that Westlake Epoxy’s Pernis, Netherlands site has received International Sustainability & Carbon Plus (ISCC+) certification. The site received mass balance certification for its tracing and handling of sustainable materials in the production of epoxy products. This is a significant step in Westlake Epoxy’s strategy to integrate renewable carbon materials into its raw material supply chain while reducing energy use and greenhouse gas emissions.

Westlake Corporation (NYSEWLK) (the "Company" or "Westlake") today announced record fourth quarter and record full year 2021 results.

Westlake Corporation (NYSEWLK) today announced its target to reduce Scope 1 and Scope 2 CO2 equivalent emissions per ton of production by 20% by 2030 from a 2016 baseline.

The Board of Directors of Westlake Corporation (NYSEWLK) declared today a regular dividend distribution of $0.2975 per share for the fourth quarter of 2021. This dividend will be payable on March 15, 2022, to stockholders of record on March 1, 2022.

Westlake Chemical Corporation (NYSEWLK) today announced that it plans to officially change its name to Westlake Corporation effective on February 18, 2022.