Earnings summaries and quarterly performance for WESTLAKE.
Executive leadership at WESTLAKE.
Jean-Marc Gilson
President and Chief Executive Officer
Albert Chao
Executive Chairman of the Board
James Chao
Senior Chairman of the Board
Benjamin Ederington
Executive Vice President, Legal & External Affairs
Robert Buesinger
Executive Vice President, Performance and Essential Materials Segment Head
Steven Bender
Executive Vice President and Chief Financial Officer
Board of directors at WESTLAKE.
Bruce Northcutt
Director
Carolyn Sabat
Director
Catherine Chao
Director
David Chao
Director
Jeffrey Sheets
Director
John Chao
Director
Kimberly Lubel
Director
Mark McCollum
Director
Michael Graff
Director
Roger Cregg
Director
Research analysts who have asked questions during WESTLAKE earnings calls.
Aleksey Yefremov
KeyBanc Capital Markets
6 questions for WLK
John Ezekiel Roberts
Mizuho Securities
6 questions for WLK
Kevin McCarthy
Vertical Research Partners
6 questions for WLK
Michael Sison
Wells Fargo
6 questions for WLK
Patrick Cunningham
Citigroup
6 questions for WLK
Arun Viswanathan
RBC Capital Markets
5 questions for WLK
Frank Mitsch
Fermium Research
5 questions for WLK
Hassan Ahmed
Alembic Global Advisors
5 questions for WLK
Matthew Blair
Tudor, Pickering, Holt & Co.
5 questions for WLK
Peter Osterland
Truist Securities
5 questions for WLK
Duffy Fischer
Goldman Sachs
4 questions for WLK
Turner Hinrichs
Morgan Stanley
4 questions for WLK
Josh Spector
UBS Group
3 questions for WLK
Joshua Spector
UBS
3 questions for WLK
Michael Leithead
Barclays
3 questions for WLK
Bhavesh Lodaya
BMO Capital Markets
2 questions for WLK
David Beaglehole
Deutsche Bank
2 questions for WLK
David Begleiter
Deutsche Bank
2 questions for WLK
Jeffrey Zekauskas
JPMorgan Chase & Co.
2 questions for WLK
Vincent Andrews
Morgan Stanley
2 questions for WLK
Adam Hamilton
RBC Capital Markets
1 question for WLK
Aziza Gazieva
Fermium Research
1 question for WLK
John McNulty
BMO Capital Markets
1 question for WLK
Matthew Deyoe
Bank of America
1 question for WLK
Salvator Tiano
Bank of America
1 question for WLK
Recent press releases and 8-K filings for WLK.
- Westlake Financial successfully sold approximately $100 million of subprime auto loans to HFC Acceptance, LLC.
- The transaction, designated WTTD-2026-1, was completed at a 112% principal premium.
- This deal establishes a new strategic framework for both companies and is viewed as a template for future transactions.
- The acquisition provides Westlake Financial with an innovative balance sheet and capital optimization solution, while expanding HFC Acceptance's investment footprint in consumer credit assets.
- Westlake Corporation completed the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group (ACI) on January 5, 2026.
- ACI, headquartered in Portugal, is a global manufacturer of specialty materials primarily serving the wire and cable sectors.
- This acquisition is expected to strengthen Westlake's Housing & Infrastructure Products (HIP) business, enhance the reach of Westlake Global Compounds, and introduce new specialty products and advanced technologies.
- The acquisition expands Westlake Global Compounds' manufacturing footprint into Portugal, Romania, and Tunisia.
- Westlake Corporation (WLK) announced on January 5, 2026, the completion of its acquisition of the global compounding activities of the ACI/Perplastic Group (ACI).
- ACI, headquartered in Portugal, is a global manufacturer of special materials primarily serving the wire and cable sector.
- This acquisition is expected to strengthen Westlake's Housing & Infrastructure Products (HIP) division, expand Westlake Global Compounds' reach, and add new special products and advanced technologies to its portfolio.
- Westlake Corporation has completed the acquisition of the global compound formulation solutions businesses of ACI/Perplastic Group.
- ACI, based in Portugal, is a global manufacturer of specialty materials primarily serving the wire and cable sectors.
- This acquisition is expected to strengthen Westlake's Housing and Infrastructure Products (HIP) business, expand Westlake Global Compounds' reach, and incorporate new specialized products and advanced technologies.
- Westlake Corporation (WLK) has completed the acquisition of the global component solutions business of ACI/Perplastic Group (ACI).
- ACI, based in Portugal, is a global manufacturer of specialty materials primarily serving the wire and cable industries.
- This acquisition is expected to strengthen Westlake Global Compounds and add new specialty products and technologies to its portfolio.
- Westlake's President and CEO, Jean-Marc Gilson, stated that the acquisition represents a strong strategic alignment with their Housing & Infrastructure Products (HIP) business.
- Westlake Corporation (NYSE: WLK) has completed the acquisition of the global Compounding Solutions business from ACI/Perplastic Group.
- ACI, headquartered in Portugal, is a global manufacturer of specialty materials primarily serving the wire and cable industry.
- The acquisition expands Westlake Global Compounds' production presence to Portugal, Romania, and Tunisia, complementing its existing operations in Mexico.
- Westlake's President and CEO, Jean-Marc Gilson, stated that this integration will strengthen the Housing & Infrastructure Products (HIP) business and enrich the portfolio with new specialty products and advanced technologies.
- Westlake Corporation has completed the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group.
- ACI, headquartered in Portugal, is a global manufacturer of specialty materials primarily serving the wire and cable sectors.
- This acquisition is expected to strengthen Westlake's Housing & Infrastructure Products (HIP) business, enhance the reach of Westlake Global Compounds, and expand its manufacturing footprint into Portugal, Romania, and Tunisia.
- Westlake Corporation is closing four higher-cost North American chlorovinyl and styrene assets by the end of 2025 to address global overcapacity and low-priced export markets, which have led to unacceptable earnings in its PEM segment.
- These optimization actions are projected to deliver an annual EBITDA benefit for PEM of approximately $100 million and an additional $75 million in cash savings from avoided capital spending, resulting in total free cash flow savings of approximately $175 million, all starting in 2026.
- The company anticipates incurring total pre-tax charges of approximately $415 million related to the closures, with approximately $357 million attributed to non-cash accelerated depreciation, amortization, and asset write-offs, largely recognized in Q4 2025.
- The closures will reduce Westlake's global chlorovinyl capacity by between 11% and 15%.
- For the fourth quarter of 2025, Westlake expects PEM's EBITDA to be between $125 million and $150 million lower than the third quarter of 2025, excluding identified items.
- Westlake is implementing a Profitability Improvement Plan for its Performance & Essential Materials (PEM) segment, addressing pressured profitability due to low market pricing and global overcapacity in certain products.
- The plan includes the shutdown of three North American chlorovinyl plants and exiting the styrene business by the end of 2025.
- These actions are expected to improve annual EBITDA by ~$100 million and generate Free Cash Flow savings of ~$175 million in 2026.
- Westlake anticipates one-time charges totaling ~$415 million in Q4 2025, which includes a ~$357 million non-cash accelerated depreciation, amortization, and asset write-off charge.
- The overall Profitability Improvement Plan is projected to generate a total annual EBITDA uplift of ~$600 million starting in 2026.
- Westlake Corporation will cease operations at its VCM plant in Lake Charles North, one chlor-alkali plant in Lake Charles South, its Aberdeen, Mississippi PVC facility, and its styrene plant in Lake Charles by the end of 2025. These closures are part of the PEM Profitability Improvement Plan, addressing global overcapacity and unprofitable conditions in low-priced export markets.
- These specific actions are projected to generate an annual EBITDA benefit of approximately $100 million and an additional $75 million in cash savings from reduced capital spending and turnaround costs, totaling approximately $175 million in free cash flow savings in 2026.
- Total pre-tax charges related to the closures are estimated at approximately $415 million, with the majority of non-cash charges expected to be recognized in the fourth quarter of 2025.
- The overall manufacturing footprint optimization pillar, including these closures, is now expected to contribute $200 million to EBITDA in 2026, as part of the total $600 million EBITDA benefit targeted by the Profitability Improvement Plan across its three pillars.
- For the fourth quarter of 2025, PEM's EBITDA is anticipated to be between $125 million and $150 million lower than Q3 2025, excluding charges related to these actions.
Quarterly earnings call transcripts for WESTLAKE.
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