Westlake Chemical Partners
#5940
Rank
$804.85M
Marketcap
United States
Country
Mr. Albert Yuan Chao (Pres, CEO & Director of Westlake Chemical Partners GP LLC)
Mr. Mark Steven Bender CPA (Exec. VP, CFO & Director of Westlake Chemical Partners GP LLC)
Mr. Johnathan Stevan Zoeller (VP & Chief Accounting Officer of Westlake Chemical Partners GP LLC)
Summary
Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westlake Chemical Partners GP LLC serves as the general partner of the company. The company was incorporated in 2014 and is headquartered in Houston, Texas.
History
Westlake Chemical Corporation was founded in 1986 and is headquartered in Houston. Over the past three decades, the company has rapidly evolved into a major North American producer of ethylene and other downstream products. Westlake Chemical Partners LP was formed in 2014 and is a publicly traded Master Limited Partnership, trading on the New York Stock Exchange under the symbol WLKP.
Mission
Our mission is to provide quality products and services to commodity chemical, plastics and related fabricated products markets. We work to align and focus the interests of our global customers and suppliers with those of our shareholders, employees and communities. We strive to be a low cost manufacturer and to find value across the chain through vertical integration and synergies through horizontal integration. We adhere to the concept of economic value added (EVA°) and seek to return value to our shareholders above their invested cost of capital.
Vision
Enhancing Your Life Every Day
Key Team
Mr. L. Benjamin Ederington (EVP, Gen. Counsel, Chief Admin Officer, Sec. & Director of Westlake Chemical Partners GP LLC)
Mr. Andrew F. Kenner (Sr. VP of Olefin Materials & Corp. Procurement of Westlake Chemical Partners GP LLC)
Mr. Jeff Holy (VP & Treasurer of Westlake Chemical Partners GP LLC)
Recognition and Awards
References
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Mr. Albert Yuan Chao (Pres, CEO & Director of Westlake Chemical Partners GP LLC)
Mr. Mark Steven Bender CPA (Exec. VP, CFO & Director of Westlake Chemical Partners GP LLC)
Mr. Johnathan Stevan Zoeller (VP & Chief Accounting Officer of Westlake Chemical Partners GP LLC)