Latest news with #WestlakeCorporation
Business Wire
22-07-2025
- Business
- Business Wire
Westlake Announces Second Quarter 2025 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) will release its second quarter 2025 earnings prior to the market opening on Tuesday, August 5, 2025. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at Once registered, you will receive a phone number and unique PIN number. When you dial in, you will input the PIN number to be placed into the call. The conference call and replay will be available via webcast at and the earnings release can be obtained via the company's Web page at About Westlake: Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital solutions — from housing and construction, to packaging and healthcare, to automotive and consumer. For more information, visit the company's web site at
Globe and Mail
22-07-2025
- Business
- Globe and Mail
Westlake Chemical Partners Announce Second Quarter 2025 Earnings Conference Call
Westlake Chemical Partners (NYSE: WLKP) will release its second quarter 2025 earnings prior to the market opening on Tuesday, August 5, 2025. The company will host a conference call at 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the earnings release. To access the conference by phone, it is necessary to pre-register at Once registered, you will receive a phone number and unique PIN number. When you dial in, you will input the PIN number to be placed into the call. The conference call and replay will be available via webcast at and the earnings release can be obtained via the company's Web page at About Westlake Chemical Partners: Westlake Chemical Partners is a limited partnership formed by Westlake Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns an 22.8% interest in Westlake Chemical OpCo LP. Westlake Chemical OpCo LP's assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana and an ethylene pipeline. For more information about Westlake Chemical Partners LP, please visit
Yahoo
18-07-2025
- Business
- Yahoo
Wells Fargo Affirms Westlake Corp's (WLK) Equal Weight Rating Hikes Price Target
Westlake Corporation (NYSE:WLK) is one of the best chemical stocks to buy, according to billionaires. On June 14, Wells Fargo analyst Michael Sison increased the stock's price target to $90 from $76. Additionally, the analyst reiterated an 'Equal-Weight' rating for the stock. The stock rating and price target hike underscore the analyst's confidence in the petrochemical company's prospects. The analyst expects the company to perform in line with the market or better in the future. The bullish stance comes after the company announced the shutdown of its Pernis, Netherlands plant as it continues to trim European footprint. The shutdown is part of the company's European optimization strategy as it seeks to focus more on specific chemical production lines. Westlake Corporation (NYSE:WLK) is a chemicals company that manufactures and supplies essential products, including petrochemicals, polymers, and building products. Its products form the building blocks for many everyday items, from food packaging and medical devices to car interiors and construction materials. While we acknowledge the potential of WLK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
23-06-2025
- Automotive
- Yahoo
Chloroethane Global Market Insights 2025, Analysis and Forecast to 2030, with Profiles of Westlake, Sumitomo Chemical, and Lanxess
Chloroethane Market Growth: Discover trends in the chloroethane market driven by advancements in coatings, plastics, and gasoline additives. This volatile organic compound thrives on high-purity production and sustainable processes, catering to key industries worldwide. Dublin, June 23, 2025 (GLOBE NEWSWIRE) -- The "Chloroethane Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application" report has been added to also known as ethyl chloride, is a volatile organic compound used as a solvent and intermediate, valued for its reactivity and versatility in chemical synthesis. The industry is characterized by its focus on intermediates for coatings, plastics, and gasoline additives. Key trends include high-purity production, sustainable processes, and integration with advanced polymer manufacturing. The market is driven by demand for specialty chemicals, growth in automotive sectors, and advancements in chemical Size and Growth ForecastThe global Chloroethane market was valued at USD 170-290 million in 2024, with an estimated CAGR of 4%-6% from 2025 to 2030, driven by demand for coatings and Analysis North America is projected to grow at a CAGR of 3.8%-5.8%, with the U.S. leading due to its automotive and plastics sectors, focusing on high-purity chloroethane. Europe is expected to achieve a CAGR of 3.5%-5.5%, with Germany driving demand, emphasizing sustainable coatings for industrial applications. Asia Pacific is anticipated to record the highest growth at 4.5%-6.5%, driven by China and Japan, where plastics and gasoline additive industries fuel demand, with trends toward cost-effective production. Rest of the World, particularly Brazil, is expected to grow at 3.3%-5.3%, with trends toward coating applications. Application Analysis Coatings applications are estimated to grow at a CAGR of 4.2%-6.2%, driven by chloroethane's use in solvent-based paints, with trends favoring low-VOC formulations. Plastics applications are projected to expand at 4.0%-6.0%, supported by use in polymer synthesis, with innovations in lightweight materials. Gasoline additives applications are expected to grow at 3.8%-5.8%, as chloroethane enhances fuel performance, with trends toward eco-friendly additives. Other applications, including pharmaceuticals, are anticipated to grow at 3.5%-5.5%, focusing on specialty intermediates. Key Market Players Westlake Corporation, based in Houston, Texas, USA, is a leader in chloroethane production, offering solutions for coatings, known for its advanced chemical technologies. Sumitomo Chemical, headquartered in Tokyo, Japan, specializes in chloroethane for plastics, emphasizing high-purity formulations. LANXESS, based in Cologne, Germany, produces chloroethane for gasoline additives, focusing on sustainable manufacturing. Market Opportunities and Challenges Opportunities Rising demand for lightweight plastics drives chloroethane adoption. Advancements in eco-friendly coatings enhance market growth. Emerging markets in Asia Pacific offer expansion opportunities due to industrial growth. Challenges Regulatory scrutiny on volatile organic compounds increases compliance costs. High production costs limit chloroethane adoption in cost-sensitive applications. Competition from alternative solvents challenges market share. Growth Trend AnalysisThe Chloroethane market is growing steadily, driven by demand for coatings and plastics. Jiangsu Yinzhu Group Haibai Technology maintains a 20,000-ton chloroethane capacity, supporting coating applications. Zhejiang Dibang Chemical operates a 20,000-ton capacity, focusing on plastics. Tancheng Zhongyi Kehuan Chemical has a 10,000-ton capacity, targeting specialty uses. These developments align with a projected CAGR of 4.0%-6.0% through 2030, reflecting chloroethane's role in chemical Topics Covered: Chapter 1 Executive SummaryChapter 2 Abbreviation and AcronymsChapter 3 PrefaceChapter 4 Market Landscape4.1 Market Overview4.2 Classification/Types4.3 Application/End UsersChapter 5 Market Trend Analysis5.1 Introduction5.2 Drivers5.3 Restraints5.4 Opportunities5.5 ThreatsChapter 6 Industry Chain Analysis6.1 Upstream/Suppliers Analysis6.2 Chloroethane Analysis6.2.1 Technology Analysis6.2.2 Cost Analysis6.2.3 Market Channel Analysis6.3 Downstream Buyers/End UsersChapter 7 Latest Market Dynamics7.1 Latest News7.2 Merger and Acquisition7.3 Planned/Future Project7.4 Policy DynamicsChapter 8 Trading Analysis8.1 Export of Chloroethane by Region8.2 Import of Chloroethane by Region8.3 Balance of TradeChapter 9 Historical and Forecast Chloroethane Market in North America (2020-2030)Chapter 10 Historical and Forecast Chloroethane Market in South America (2020-2030)Chapter 11 Historical and Forecast Chloroethane Market in Asia & Pacific (2020-2030)Chapter 12 Historical and Forecast Chloroethane Market in Europe (2020-2030)Chapter 13 Historical and Forecast Chloroethane Market in MEA (2020-2030)Chapter 14 Summary For Global Chloroethane Market (2020-2025)14.1 Chloroethane Market Size14.2 Chloroethane Demand by End Use14.3 Competition by Players/Suppliers14.4 Type Segmentation and PriceChapter 15 Global Chloroethane Market Forecast (2025-2030)15.1 Chloroethane Market Size Forecast15.2 Chloroethane Demand Forecast15.3 Competition by Players/Suppliers15.4 Type Segmentation and Price ForecastChapter 16 Analysis of Global Key Vendors Westlake Corporation Sumitomo Chemical LANXESS For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Automotive
- Yahoo
Chloroethane Global Market Insights 2025, Analysis and Forecast to 2030, with Profiles of Westlake, Sumitomo Chemical, and Lanxess
Chloroethane Market Growth: Discover trends in the chloroethane market driven by advancements in coatings, plastics, and gasoline additives. This volatile organic compound thrives on high-purity production and sustainable processes, catering to key industries worldwide. Dublin, June 23, 2025 (GLOBE NEWSWIRE) -- The "Chloroethane Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application" report has been added to also known as ethyl chloride, is a volatile organic compound used as a solvent and intermediate, valued for its reactivity and versatility in chemical synthesis. The industry is characterized by its focus on intermediates for coatings, plastics, and gasoline additives. Key trends include high-purity production, sustainable processes, and integration with advanced polymer manufacturing. The market is driven by demand for specialty chemicals, growth in automotive sectors, and advancements in chemical Size and Growth ForecastThe global Chloroethane market was valued at USD 170-290 million in 2024, with an estimated CAGR of 4%-6% from 2025 to 2030, driven by demand for coatings and Analysis North America is projected to grow at a CAGR of 3.8%-5.8%, with the U.S. leading due to its automotive and plastics sectors, focusing on high-purity chloroethane. Europe is expected to achieve a CAGR of 3.5%-5.5%, with Germany driving demand, emphasizing sustainable coatings for industrial applications. Asia Pacific is anticipated to record the highest growth at 4.5%-6.5%, driven by China and Japan, where plastics and gasoline additive industries fuel demand, with trends toward cost-effective production. Rest of the World, particularly Brazil, is expected to grow at 3.3%-5.3%, with trends toward coating applications. Application Analysis Coatings applications are estimated to grow at a CAGR of 4.2%-6.2%, driven by chloroethane's use in solvent-based paints, with trends favoring low-VOC formulations. Plastics applications are projected to expand at 4.0%-6.0%, supported by use in polymer synthesis, with innovations in lightweight materials. Gasoline additives applications are expected to grow at 3.8%-5.8%, as chloroethane enhances fuel performance, with trends toward eco-friendly additives. Other applications, including pharmaceuticals, are anticipated to grow at 3.5%-5.5%, focusing on specialty intermediates. Key Market Players Westlake Corporation, based in Houston, Texas, USA, is a leader in chloroethane production, offering solutions for coatings, known for its advanced chemical technologies. Sumitomo Chemical, headquartered in Tokyo, Japan, specializes in chloroethane for plastics, emphasizing high-purity formulations. LANXESS, based in Cologne, Germany, produces chloroethane for gasoline additives, focusing on sustainable manufacturing. Market Opportunities and Challenges Opportunities Rising demand for lightweight plastics drives chloroethane adoption. Advancements in eco-friendly coatings enhance market growth. Emerging markets in Asia Pacific offer expansion opportunities due to industrial growth. Challenges Regulatory scrutiny on volatile organic compounds increases compliance costs. High production costs limit chloroethane adoption in cost-sensitive applications. Competition from alternative solvents challenges market share. Growth Trend AnalysisThe Chloroethane market is growing steadily, driven by demand for coatings and plastics. Jiangsu Yinzhu Group Haibai Technology maintains a 20,000-ton chloroethane capacity, supporting coating applications. Zhejiang Dibang Chemical operates a 20,000-ton capacity, focusing on plastics. Tancheng Zhongyi Kehuan Chemical has a 10,000-ton capacity, targeting specialty uses. These developments align with a projected CAGR of 4.0%-6.0% through 2030, reflecting chloroethane's role in chemical Topics Covered: Chapter 1 Executive SummaryChapter 2 Abbreviation and AcronymsChapter 3 PrefaceChapter 4 Market Landscape4.1 Market Overview4.2 Classification/Types4.3 Application/End UsersChapter 5 Market Trend Analysis5.1 Introduction5.2 Drivers5.3 Restraints5.4 Opportunities5.5 ThreatsChapter 6 Industry Chain Analysis6.1 Upstream/Suppliers Analysis6.2 Chloroethane Analysis6.2.1 Technology Analysis6.2.2 Cost Analysis6.2.3 Market Channel Analysis6.3 Downstream Buyers/End UsersChapter 7 Latest Market Dynamics7.1 Latest News7.2 Merger and Acquisition7.3 Planned/Future Project7.4 Policy DynamicsChapter 8 Trading Analysis8.1 Export of Chloroethane by Region8.2 Import of Chloroethane by Region8.3 Balance of TradeChapter 9 Historical and Forecast Chloroethane Market in North America (2020-2030)Chapter 10 Historical and Forecast Chloroethane Market in South America (2020-2030)Chapter 11 Historical and Forecast Chloroethane Market in Asia & Pacific (2020-2030)Chapter 12 Historical and Forecast Chloroethane Market in Europe (2020-2030)Chapter 13 Historical and Forecast Chloroethane Market in MEA (2020-2030)Chapter 14 Summary For Global Chloroethane Market (2020-2025)14.1 Chloroethane Market Size14.2 Chloroethane Demand by End Use14.3 Competition by Players/Suppliers14.4 Type Segmentation and PriceChapter 15 Global Chloroethane Market Forecast (2025-2030)15.1 Chloroethane Market Size Forecast15.2 Chloroethane Demand Forecast15.3 Competition by Players/Suppliers15.4 Type Segmentation and Price ForecastChapter 16 Analysis of Global Key Vendors Westlake Corporation Sumitomo Chemical LANXESS For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
