IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

Westlake's Earnings Boosted by Improved Sales, Higher Margins

8:01 AM MDT | May 4, 2010 | Lindsey Bewley

Westlake Chemical reported first-quarter 2010 net income of $17.6 million, nearly tripling from the year-ago quarter, on sales of $778.3 million. Earnings per share were 27 cts/share, falling short of analysts’ estimates of 29 cts/share, as reported by Thomson Reuters. Sales increased 59% compared to the first quarter of 2009 due to higher sales prices and sales volumes driven by higher feedstock prices and rising demand. Sales volumes benefited from continued strength in domestic polyethylene (PE) markets and seasonal increases in polyvinyl chloride (PVC)...

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