IHS Chemical Week

World News and Views :: Top of the News

Westlake’s Earnings Rise Despite Loss in Vinyls Segment

10:55 AM MST | February 19, 2008 | Nancy Seewald

Westlake Chemical reported net income of $18.8 million, up 30% over the same period last year. Excluding an $8 million tax benefit, earnings were 17 cts/share, falling short of analysts’ consensus of 33 cts/share as reported by First Call (Boston). Sales rose 62%, to $850.6 million, on higher polyethylene (PE) sales volumes and higher selling prices. Westlake’s olefins segment reported income from operations of $25.6 million, compared to a loss of $2.6 million in the year-ago period. The improvement was driven by higher PE margins and selling prices...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa