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Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

Westlake income up 28% as olefins gain offsets vinyls loss

9:07 AM MDT | May 5, 2014 | Clay Boswell

Westlake Chemical (Houston) reports net income for the first quarter of $158 million, up 28% year-on-year on improved olefin margins and volumes. Earnings totaled $1.18/share, 4% above the analysts’ consensus estimate as compiled by Thomson Reuters....

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