Westlake Corporation

Westlake Corporation
FormerlyWestlake Chemical Corporation
Company typePublic company
Industry
Founded1986; 38 years ago (1986)
FounderTing Tsung Chao
HeadquartersHouston, Texas, U.S.
Key people
Albert Chao
(President and CEO)
RevenueIncrease US$15.794 billion (2022)[1]
3,050,000,000 United States dollar (2022) Edit this on Wikidata
Increase US$2.247 billion (2022)
Total assetsIncrease US$20.550 billion (2022)
Total equityIncrease US$10.465 billion (2022)
Number of employees
15,920 (December 31, 2022)
Websitewestlake.com

Westlake Corporation is an international manufacturer and supplier of petrochemicals, polymers and fabricated building products, which are fundamental to various consumer and industrial markets.[2] The company was founded by Ting Tsung Chao in 1986.[3] it is the largest producer of low-density polyethylene (LDPE) in the US and ranks among the Forbes Global 2000.[4][5] Westlake Chemical operates in two segments: Olefins and Vinyls, and is also an integrated producer of vinyls, with substantial downstream integration into polyvinyl chloride (PVC) building products.[6]

  1. ^ "Financial Statement" (PDF). Westlake. Retrieved 11 October 2023.
  2. ^ "Westlake Chemical". Fortune. Retrieved 2018-12-16.
  3. ^ Abram, Lynwood (16 March 2008). "Chao, pioneered petrochemical ventures around the world". Houston Chronicle. Retrieved 17 December 2018.
  4. ^ "ICIS Top 100 Chemical Companies: Westlake Chemical is the ICIS Company of the Year". ICIS. September 30, 2013.
  5. ^ "The World's Biggest Public Companies". Forbes.
  6. ^ Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} Company Profile | Reuters.com". U.S. Retrieved 2019-08-06. {{cite web}}: |first= has generic name (help)