IHS Chemical Week

Markets :: Plastics :: Polyethylene

Higher Sales, Improved Margins Boost Westlake's Earnings

7:56 AM MDT | August 2, 2011 | Lindsey Bewley

Westlake Chemical reported second-quarter net income up 42% from the year ago quarter, to $81 million ($1.21/share), on sales up 13%, to $925 million. Income from operations was up 39%, to $138.4 million, driven by improved product margins attributable to higher sales prices for all major products and improved polyvinyl chloride (PVC) resin sales volume.   “Olefins segment margins continue to benefit from our high value polyethylene product mix and low cost natural gas-based ethylene production. Vinyls margins improved largely due to higher prices for...

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