Westlake Corporation (WLK)
The company now
Westlake reported second-quarter 2026 net sales of $3,271 million and net income of $260 million on 4 August 2026, after a loss of $169 million in the first quarter 2.
Its Performance and Essential Materials segment, the commodity chemicals arm, gained from a 14 percent higher average sales price, helped in part by logistical disruptions in the Strait of Hormuz, the chief executive said 2.
On 29 September 2026 Westlake said it would close its Cologne PVC plant, which can make about 165,000 metric tons a year, at total pre-tax charges of about $205 million 34.
The company also expects third-quarter 2026 results to be lower than the second quarter, citing lower North American PVC and polyethylene prices, higher freight costs and slower housing activity 4.
Twelve ethylene antitrust lawsuits in Europe are still pending after a Dutch court dismissed two of the fourteen on 29 July 2026 5.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.