IHS Chemical Week

World News and Views :: Top of the News

Westlake's Earnings Slip on Lower Volumes and Selling Prices

12:07 PM MDT | August 4, 2009 | Nancy Seewald

Westlake Chemical’s second-quarter net income was $16.9 million, down 64% from the year-ago period, on sales down 48%, to $574.9 million. Westlake cites lower selling prices for all major products, as well as lower sales volumes for all major products except caustic soda and styrene. Income from operations fell 51%, to $36.2 million, on reduced demand for polyethylene (PE) and vinyls downstream products, as well as “significantly lower selling prices,” partially offset by lower feedstock and energy costs. “Gas-based ethylene producers...

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