IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Vinyl chloride

Westlake Beats Analyst Estimates on Lower Feedstock Costs, Improved Demand

11:20 AM MDT | May 1, 2012 | Kara Sissell

Westlake reported first quarter 2012 net income of $87.8 million, up 4.8% from the year-ago quarter on lower feedstock costs, improved demand, and high operating rates. Sales increased 6.1%, to $1.03 billion. Earnings were $1.31/share, ahead of the consensus of analysts’ estimates of $1.26/share. Operating income from olefins segment sales was $129.2 million, down about 12% from the year-ago quarter. Operating income from the vinyl segment was $21.1 million, compared with a loss of $2.8 million in the same year-ago quarter. For the vinyls segment, income...

This information is only available to Chemical Week subscribers.

Username:
Password:

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 © 2012 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