Westlake Corp (STU:UEO)
€ 120 -3 (-2.44%) Market Cap: 15.53 Bil Enterprise Value: 17.84 Bil PE Ratio: 178.39 PB Ratio: 1.53 GF Score: 91/100
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Westlake Chemical Corp at Citi Basic Materials Conference Transcript

Dec 03, 2019 / 02:30PM GMT
Eric B. Petrie
Citigroup Inc, Research Division - Senior Associate

Then there is Albert Chao, who has been CEO of Westlake Chemicals since 2004 and is also co-founder. Westlake is a leading producer of olefins, polymers, chlor-alkali, vinyls and building products. Its joint venture cracker with Lotte recently started up, and Westlake increased its ownership in that cracker to 47%; plus, management is also expanding its vinyls footprint on the U.S. Gulf Coast and in Europe.

To tell us more about Westlake's businesses, please join me in welcoming Albert.

Albert Yuan Chao
Westlake Chemical Corporation - President, CEO & Director

Thank you, Eric. Good morning, ladies and gentlemen. Thank you for being here today. And I'll go over our operations and business; and my colleague, Steve Bender, will go through the financials.

Westlake is a leading integrated materials company focused on the olefins and Vinyls business. Olefins, we're talking about ethylene, styrene and the largest olefin derivative, which is polyethylene; and vinyls, we'll

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