Westlake is a global manufacturer and supplier of petrochemicals, polymers, and building products. Headquartered in Houston, Texas, it operates manufacturing and R&D facilities across North America, Europe, and Asia, serving construction, infrastructure, packaging, automotive, and consumer markets.
The company’s portfolio spans olefins and vinyls, including ethylene, polyethylene, PVC resins and compounds, EDC, VCM, and related chlor-alkali products such as chlorine and caustic soda. Westlake also produces a broad range of downstream PVC-based building materials, including pipe, siding, and fittings. Its materials are used in applications ranging from packaging films and wire and cable to water and gas distribution and other industrial and specialty uses.
Also known as Westlake Chemical Corporation and Westlake Chemical Corp.
chemXplore tracks 1 project involving Westlake.
Westlake's role on them: Owner.
Closure driven by weak demand, high energy costs and import pressure; 165,000 t/yr PVC capacity affected; Q1 2027 shutdown and ~$205m pre-tax charges.
Completed acquisition of Wilhelmshaven PVC/VCM site with 380,000 t/yr PVC capacity on Germany’s North Sea coast and a deep‑water dock for raw‑material supply.
Roger Kearns, Dr. Stefan Doboczky and Dr. Hasan Karam to lead; interim CFO until May 2026; supervisory board set; deal on track to close by end‑March 2026, forming a global polyolefins leader
Appointed CEO Roger Kearns, CCO Dr. Stefan Doboczky, COO Dr. Hasan Karam; interim CFO Daniel Turnheim until May 2026. Appointments precede planned combination and acquisition closing by Mar 2026.
The $1.2B acquisition adds a leading portfolio of specialty resins, coatings, and composites, enhancing capabilities in high-growth, sustainable sectors like wind energy and lightweight automotive components.
The expansion will add 25,000 metric tons of annual ECH capacity, use biobased feedstocks, and reduce energy intensity. Completion is expected by late 2024.
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