Westlake Chemical

Westlake manufactures and markets vinyls, polymers and fabricated building products. Read more

WESTLAKE CHEMICAL TOP COMPETITORS OR ALTERNATIVES

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Olin is seen as one of Westlake Chemical's top competitors. Olin was founded in Clayton, Missouri} in 1892. Olin is in the Specialty Chemicals industry. Compared to Westlake Chemical, Olin generates $1.7B less revenue.

Occidental is Westlake Chemical's #2 competitor. Occidental was founded in 1920, and its headquarters is in Houston, Texas. Occidental is in the Oil & Gas Exploration, Production, Sales field. Occidental has 2,930 more employees than Westlake Chemical.

Ascend is Westlake Chemical's #3 rival. Ascend is headquartered in Houston, Texas, and was founded in 2009. Like Westlake Chemical, Ascend also competes in the Specialty Chemicals industry. Ascend generates 32% the revenue of Westlake Chemical.

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Westlake Chemical Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$7.9B

Westlake Chemical's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 14.4B. Over the last four quarters, Westlake Chemical's revenue has grown by 37.9%. Specifically, in Q1 2021's revenue was $2.4B; in Q4 2020, it was $2B; in Q3 2020, it was $1.9B; in Q2 2020, Westlake Chemical's revenue was $1.7B.

Westlake Chemical Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Nakan

Sep 2018

Source »
$265M
Nakan manufactures and distributes PVC compound products for automotive, healthcare, packaging, consumer brand and construction sectors.
Axiall Corp/de/

Jun 2016

Source »
$3.8B
Axiall manufactures and markets chlorovinyl, aromatic chemicals, vinyl-based building and home improvement products.
Vinnolit GmbH & Co.

May 2014

Source »
$668M
Vinnolit produces and markets PVC products. 
Eastman Chemical Co.

Oct 2012

Source »
undisclosed
Eastman is a specialty chemicals company that produces advanced materials, additives functional products, specialty chemicals and fibers.
Grand Pacific Finance Corp

Mar 2009

Source »
undisclosed
NAPCO is a manufacturer and distributor of PVC pipes and fittings for construction and industrial applications.

These are all the companies that Westlake Chemical has acquired. Westlake Chemical has acquired 5 companies and its latest acquisition was Nakan in Sep 2018. Nakan manufactures and distributes PVC compound products for automotive, healthcare, packaging, consumer brand and construction sectors.

Westlake Chemical Funding History

Since Westlake Chemical was founded in 1986, it has participated in 1 round of funding. In total Westlake Chemical has raised $170.6M. Westlake Chemical's funding round was on Aug 2004 for a total of $170.6M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Aug 2004
$170.6M

Since Westlake Chemical was founded in 1986, it has participated in 1 round of funding. In total Westlake Chemical has raised $170.6M. Westlake Chemical's funding round was on Aug 2004 for a total of $170.6M

Westlake Chemical Investments

No recent investments found related to Westlake Chemical

These are all the companies that Westlake Chemical has invested in. Westlake Chemical has invested 5 companies and its latest investment was Nakan in Sep 2018. Nakan manufactures and distributes PVC compound products for automotive, healthcare, packaging, consumer brand and construction sectors.

Westlake Chemical News

May 21, 2021Market Report Company

Westlake lifts force majeure on PVC and VCM suppliers from its plants in North America

MOSCOW (MRC) -- Westlake Chemical, US petrochemical major,В has lifted its force majeure (FM)В on US ... See more »
May 19, 2021MarketScreener

IR Presentation for Q1 2021

(marketscreener.com) Westlake Chemical Partners LP 1st Quarter 2021 Commitment to Corporate Social Re... See more »
May 6, 2021Market Report Company

Westlake Chemical plans to produce green caustic soda

MOSCOW (MRC) - American Westlake Chemical said it will soon sell "green" caustic soda, which emits 30... See more »
April 20, 2021MarketScreener

Announces First Quarter 2021 Earnings Conference Call

(marketscreener.com) Westlake Chemical Corporation will release its first quarter earnings for 2021 p... See more »
March 25, 2021MarketScreener

Contributes to Houston Harris County Winter Storm Relief Fund

(marketscreener.com) Westlake Chemical Corporation today announced that the company and the Ting Tsun... See more »
March 9, 2021News Break

Insider Sells Westlake Chemical's Shares | News Break

A Form 4 filing filed with the SEC on Tuesday, March 9 showed that EVP Vinyl Products Buesinger Rober... See more »

Westlake Chemical Press Releases

September 27, 2017Business Wire

Westlake Chemical Partners LP Acquires Additional Interest in Westlake Chemical OpCo

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today announ... See more »
September 1, 2017Blackbird

Westlake Chemical Company and Management Donate $500,000 to the American Red Cross for Hurricane Relief

HOUSTON-(BUSINESS WIRE)-Westlake Chemical Corporation (NYSE:WLK) announced today that the company and... See more »
September 1, 2017Accesswire

Platform Specialty's Results Beat Analysts' Estimates of Earnings and Revenues

Research Desk Line-up: Westlake Chemical Post Earnings Coverage LONDON, UK / ACCESSWIRE / September 1... See more »
July 20, 2017Blackbird

Westlake Chemical Announces Second Quarter 2017 Conference Call

HOUSTON-(BUSINESS WIRE)-Westlake Chemical Corporation (NYSE:WLK) will release its 2017 second quarter... See more »
December 12, 2016PressReleasePing

Westlake Chemical Corporation - Strategy, SWOT and Corporate Finance Report

Westlake Chemical Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehen... See more »
August 7, 2016Business Wire

Westlake Chemical Announces Exchange Offers and Consent Solicitations for Certain Axiall Notes

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE:WLK) ("Westlake" or the "Company") toda... See more »
August 3, 2016Business Wire

Fitch Rates Westlake Chemical's New Notes 'BBB'; Removes Watch; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Westlake Chemical Corporation's (Westlake; NYSE... See more »

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Westlake Chemical Headquarters

2801 Post Oak Blvd. Suite 600

Houston, Texas77056

1-713-960-9111

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Westlake Chemical Summary

ABOUT

Overview

Westlake manufactures and markets vinyls, polymers and fabricated building products. Westlake Chemical was founded in 1986. Westlake Chemical's headquarters is located in Houston, Texas, USA 77056. It has raised 170.6M in 1 round. The latest round was...

CEO

Westlake Chemical's President & CEO, Albert Chao, currently has an approval rating of 71%. Westlake Chemical's primary competitors are Olin, Occidental & Ascend.

Frequently Asked Questions about Westlake Chemical

  1. When was Westlake Chemical founded?

    Westlake Chemical was founded in 1986
  2. Who is Westlake Chemical's CEO?

    Westlake Chemical's CEO is Albert Chao
  3. How much revenue does Westlake Chemical generate?

    Westlake Chemical generates $7.9B in revenue
  4. How much funding does Westlake Chemical have?

    Westlake Chemical has historically raised $170.6M in funding
  1. Where is Westlake Chemical's headquarters?

    Westlake Chemical's headquarters is in Houston Texas, USA
  2. How many employees does Westlake Chemical have?

    Westlake Chemical has 8,870 employees
  3. What sector does Westlake Chemical operate in?

    Westlake Chemical is in Specialty Chemicals
  4. Who are Westlake Chemical's competitors?

    Westlake Chemical's top competitors are Olin, Occidental, Ascend