Westlake Corporation
American petrochemical company / From Wikipedia, the free encyclopedia
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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]
Quick Facts Formerly, Company type ...
Formerly | Westlake Chemical Corporation |
---|---|
Company type | Public company |
Industry | |
Founded | 1986; 38 years ago (1986) |
Founder | Ting Tsung Chao |
Headquarters | Houston, Texas, U.S. |
Key people | Albert Chao (President and CEO) |
Revenue | US$15.794 billion (2022)[1] |
3,050,000,000 United States dollar (2022) | |
US$2.247 billion (2022) | |
Total assets | US$20.550 billion (2022) |
Total equity | US$10.465 billion (2022) |
Number of employees | 15,920 (December 31, 2022) |
Website | westlake.com |
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