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Westlake Corporation - Company Profile

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Westlake Corporation - Overview

Brands
Celect Cellular Exteriors, Exterior Portfolio, North American Pipe, Royal Building Products, Royal S4S Trim Board, Zuri Premium Decking
Description
Westlake Corporation is a public company headquartered in Texas with an estimated 151 employees. In the US, the company has a notable market share in at least two industries: Chlorine Manufacturing and Plastic Pipe & Parts Manufacturing. Their largest market share is in the Chlorine Manufacturing industry, where they account for an estimated 16.6% of total industry revenue and are considered a Laggard because they display lower market share alongside slower profit and revenue growth than their peers.
Company Details

Registered Name: Westlake Corporation

Company Type: Operating

Exchange: NYSE

Headquarters: 2801 Post Oak Blvd Suite 600 Houston TX 77056

Employees: 151

Westlake Corporation - Operating Industries and Main Competitors

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Westlake Corporation - Products and Services

  • Plastic Pipe & Parts Manufacturing in the US

  • Of the 6 core revenue-generating products and services in the Plastic Pipe & Parts Manufacturing in the US industry, Westlake Corporation offers:
    • Oil and gas pipes
    • Pipe fittings and unions
    • Pipes for industrial and mining applications
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  • Chlorine Manufacturing

  • Of the 3 core revenue-generating products and services in the Chlorine Manufacturing industry, Westlake Corporation offers:
    • Chlorine gas
    • Liquid chlorine for chemical compound production
    • Liquid chlorine for plastics production
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Westlake Corporation - Analyst Insights

Westlake Chemical Corporation acquires compounding solutions business NAKAN

Westlake Chemical Corporation (Westlake) in January 2019 completed its acquisition of the global compounding solutions business NAKAN. NAKAN’s sells products that are used in a wide range of applications in industries such as automotive, building and construction and medical. Alberto Chao, the President and chief executive officer of Westlake avers that the union represents a strategic fit that will allow the expansion of its compounding business globally. Furthermore, NAKAN has a reputation in its industry for meeting its customers’ needs with superior technology, product quality and operating excellence.

Product Innovation|ESG|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Westlake Corporation - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Westlake Corporation's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Plastic Pipe & Parts Manufacturing in the US, and Chlorine Manufacturing industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Westlake Corporation - Financial Statements & Ratios

pie_chartWestlake Corporation Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue11,778.07,504.08,118.08,635.08,041.05,076.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartWestlake Corporation Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents1,908.01,313.0728.0753.01,531.0459.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartWestlake Corporation Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income2,070.0373.0462.01,034.01,339.0420.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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