Westlake Corporation logo WLK - Westlake Corporation

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| PRICE TARGET: $111.00 DETAILS
HIGH: $145.00
LOW: $85.00
MEDIAN: $115.00
CONSENSUS: $111.00
UPSIDE: 42.99%

About Westlake Corporation (https://www.westlake.com)

Westlake Corporation operates as a global producer and supplier of petrochemicals, polymers, and a diverse range of building materials. Its business activities are structured into two main divisions: Performance and Essential Materials, and Housing and Infrastructure Products. The Performance and Essential Materials segment focuses on the manufacture and distribution of various chemical components, including polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and related chlorinated derivatives. Concurrently, the Housing and Infrastructure Products division manufactures an extensive array of building and consumer goods. These offerings span residential PVC siding, trim, and moldings; roofing applications; decorative stone; windows; PVC decking; various PVC films for items like inflatables, wall coverings, tape, and roofing; polymer composite roof tiles; PVC pipe and fittings; and PVC compounds. This segment also produces consumer and commercial items such as landscape edging, industrial and home matting, marine dock edging, and masonry joint controls. Westlake's broad customer base includes chemical processors, plastics fabricators, smaller construction contractors, municipal entities, and supply warehouses. Their products are integrated into numerous consumer and industrial markets, such as residential construction, flexible and rigid packaging, automotive manufacturing, healthcare, water treatment, coatings, and a wide array of other durable and non-durable goods. Founded in 1986 and headquartered in Houston, Texas, the company adopted its current name, Westlake Corporation, in February 2022, having previously operated as Westlake Chemical Corporation. Westlake Corporation functions as a subsidiary of TTWF LP.

Key Executives

NAME TITLE DOB SALARY
Albert Yuan Chao Executive Chairman 1950 $2,488,707 USD
Jean-Marc Gilson President, Chief Executive Officer & Director 1963 $2,459,647 USD
L. Benjamin Ederington Executive Vice President of Legal & External Affairs 1971 $1,897,034 USD
Mark Steven Bender Special Advisor 1957 $1,746,523 USD
James Y. Chao Senior Chairman 1948 $1,412,023 USD
Brian Powers Senior VP of Performance & Essential Materials Segment Head
Jeffrey A. Holy Vice President & Chief Accounting Officer 1980
Jonathan H. Baksht Senior VP & CFO 1976
Scott T. Szwejbka Senior Vice President of Housing & Infrastructure Products Segment Head 1969

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