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Albert Chao
WESTLAKE
US resin maker with record results / Acquisitions, high prices provide impetus
10.08.2022
WESTLAKE
Acquisition of North American PVC business from Boral / Extension of the value chain
23.06.2021
WESTLAKE
Buoyant economy and higher prices help boost Q1 sales and earnings
18.05.2021
WESTLAKE
Q2 revenues drop by a fifth as Vinyls segment sales contract / Profits down due to Covid-19 impact and oil price fall
17.08.2020
WESTLAKE
Full-year net profit more than halved / 2020 outlook for chlor-alkali and PVC remain constructive / How coronavirus outbreak will affect products not yet clear
02.03.2020
WESTLAKE
Sales and EBITDA plunge in Q2 and H1 / Trade uncertainty and slower economic growth hit profits at olefins and vinyls
13.08.2019
LOTTE
USD 3.1 bn Lake Charles hub inaugurated / MEG plant called biggest in US / Joint cracker with Westlake
15.05.2019
WESTLAKE
Record sales and EBITDA / Vinyl business as the driving force / Slump in net profit
27.02.2019
WESTLAKE
Roger Kearns is new executive VP of Vinyl Chemicals
07.05.2018
VINNOLIT
Managing director Karl-Martin Schellerer named VP Europe & Asia Vinyls Chemicals at Westlake
20.09.2017
USA
Appointments to Trump cabinet have ties to industry / ExxonMobil CEO Tillerson to be secretary of state / Fracking proponents at the helm / “Foxes guarding henhouses”
21.12.2016
WESTLAKE
USD 3.8 bn is the magic number / Latest takeover bid accepted by Axiall / Combined company will become North America's second-largest PVC producer
15.06.2016
AXIALL
South Korea's Lotte Group issues unsolicited offer for vinyls producer / Onset of a bidding war with Westlake?
09.06.2016
WESTLAKE
Latest bid for Axiall summarily rejected again / CEO Chao issues open letter to shareholders / Calls for new board
06.04.2016
AXIALL / WESTLAKE
PVC group plans to divest all downstream units / Write-offs almost reach USD 1 bn / Poker game over takeover continues
03.03.2016
AXIALL
Board summarily rejects latest Westlake takeover proposal / Shareholders addressed in open letter
03.02.2016
WESTLAKE
Expanded US vinyls complex dedicated / Cracker converted to ethane / Raising output in Lake Charles
31.10.2014
WESTLAKE
Vinnolit acquisition wrapped up / “Major step” on US PVC producer's strategic path
01.08.2014
WESTLAKE
North American PVC producer acquires Vinnolit / Latest consolidation in the global PVC market
28.05.2014
WESTLAKE
Profits boosted by lower feedstock costs and increased sales volumes / US vinyls business improving / Projects underway to improve future profitability
13.08.2013
WESTLAKE
Proposal to acquire Georgia Gulf withdrawn / Plans to liquidate all holdings
08.05.2012
WESTLAKE
Takeover offer for Georgia Gulf increased / New offer rejected
06.02.2012
WESTLAKE
USD 1 bn takeover offer for vinyls producer Georgia Gulf
17.01.2012
WESTLAKE
Plans to raise US ethylene capacity / Capturing North American shale gas reserves
11.04.2011
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