IHS Chemical Week

Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali

Westlake's Results Boosted by Strong Olefins Business

7:18 AM MDT | August 2, 2012 | Lindsey Bewley

Westlake Chemical reported second-quarter net income of $115.5 million ($1.72/share), up 42% from the year-ago quarter, on a pre-tax gain of $16.0 million from the sale of Georgia Gulf securities. Sales were down nearly 2%, to $914 million, on lower sales prices for most of the company's major products and lower sales volume for PVC resin and building products.   “Our olefins and vinyls segments both benefited from lower cost feedstocks in the second quarter, as ethane and propane decreased to their lowest prices in years as a result of ample supply...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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