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+1.01%
Close of 9 Nov 2026, in USD
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About Westlake
From its filings with the US Securities and Exchange Commission
Westlake is based in Houston, Texas and is incorporated in Delaware. Its shares trade on NYSE under the ticker WLK. The SEC classifies its business as industrial organic chemicals. In the fiscal year to 31 December 2025, it reported revenue of $11.17bn and a net loss of $1.51bn. At that date it held total assets of $19.96bn and shareholders' equity of $8.79bn. By region, United States accounted for 71.2%, followed by Other at 9.7% and Canada at 7.0%.
Westlake Corporation is a vertically integrated global manufacturer and marketer of both housing and infrastructure products and performance and essential materials that are designed to enhance the lives of people every day. Our products include some of the most widely used materials in the world, which are fundamental to many diverse consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive, healthcare, water treatment, wind turbines, coatings as well as other durable and non-durable goods. We operate in two principal operating segments, Housing and Infrastructure Products (HIP) and Performance and Essential Materials (PEM). We are highly integrated along our materials chain with significant downstream integration from ethylene and chlor-alkali (chlorine and caustic soda) into vinyls, polyethylene (PE) and epoxy. We also have substantial downstream integration from polyvinyl chloride ("PVC") into our HIP segment for our residential building products, PVC pipe and fittings and PVC compounds.
As a global manufacturer of housing and infrastructure products and performance and essential materials, we focus on delivering value to our customers, creating sustainable shareholder value, and developing a rewarding work environment for our employees. We are committed to produce products that are enhancing the lives of people every day. We do this by providing innovative and useful products while maintaining high standards of customer service and operational excellence with a commitment to managing costs.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 11 Aug 2004
- Employees
- 14,600
- Website
- westlake.com ↗
- Head office
- 5444 WESTHEIMER, SUITE 101, HOUSTON, TX
- Incorporated in
- DE
- Classification
- Industrial Organic Chemicals
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Albert ChaoExecutive Chairman of the Board, since 1996$10.9m
- Mr. James ChaoSenior Chairman of the Board, since 1996$7.4m
- Mr. Jean-Marc GilsonPresident, Chief Executive Officer, Director, since 2024$4.3m
- Mr. M. Steven BenderChief Financial Officer, Executive Vice President$4.1m
- Mr. L. Benjamin EderingtonExecutive Vice President - Performance and Essential Materials, Chief Administrative Officer, General Counsel$3.8m
- Mr. Robert BuesingerExecutive Vice President - Housing and Infrastructure Products, IT and Digital$3.3m
- Mr. Thomas JanssensSenior Vice President, Operations- Performance and Essential Material and Corporate Logistics
- Mr. Jeffrey HolyChief Accounting Officer, Vice President
- Ms. Catherine ChaoDirector$376,714
- Mr. David ChaoDirector$267,168
- Mr. John ChaoDirector$17,685
- Mr. Bhavesh PatelDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 41
- Environment
- 57
- Social
- 37
- Governance
- 28
- Direct emissions (scope 1)
- 7,485,445 t
- Energy emissions (scope 2)
- 2,830,076 t
- Women in the workforce
- 20.6%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Westlake Chemical Corp has a strong market presence and brand reputation in the chemical industry. The company offers a diverse range of high-quality chemical products, including petrochemicals, polymers, and specialty chemicals.
- The company has a well-established distribution network, ensuring efficient supply chain management and widespread availability of its products across various regions.
- Westlake Chemical Corp has a robust manufacturing infrastructure and technological expertise, enabling it to maintain competitive production capabilities and consistently deliver consistent quality products.
Weaknesses
- One of the weaknesses of Westlake Chemical Corp is its dependency on raw material prices, particularly the volatility of oil and natural gas prices. Fluctuations in these input costs can impact the company's profitability.
- The company may face challenges related to environmental regulations and sustainability practices. Compliance with evolving environmental standards could require significant investments in technology and infrastructure.
- Westlake Chemical Corp operates in a highly competitive market. Market saturation and the presence of several strong competitors may limit the company's market share and pricing power.
Opportunities
- There are opportunities for Westlake Chemical Corp to expand its product portfolio by focusing on developing sustainable and eco-friendly alternatives. The growing demand for green chemicals presents a chance to capture a larger market share.
- The company can explore strategic partnerships and acquisitions to expand its geographical reach and diversify its customer base. This would enable Westlake Chemical Corp to tap into emerging markets and gain a competitive advantage.
- The increasing focus on renewable energy sources and electric vehicles opens up opportunities for Westlake Chemical Corp to supply materials for battery and alternative energy applications.
Threats
- Westlake Chemical Corp may face threats from economic downturns, as reduced consumer spending and global recession can impact the demand for chemical products.
- The company is exposed to the risks associated with foreign currency fluctuations, especially if a significant portion of its revenue comes from international markets.
- Shifts in regulatory policies and trade barriers imposed by governments can have adverse effects on the company's international operations, leading to increased expenses and decreased market access.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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