Westlake Chemical (WLK) Tops Q4 EPS by 50c

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Westlake Corporation Reports Record Fourth Quarter and Full Year 2021 Results

February 22, 2022 6:30 AM EST

Record annual net sales of $11.8 billion, an increase of 57% vs. 2020 net sales Record annual net income of $2.0 billion, an increase of 511% vs. 2020 net income Record annual EBITDA of $3.7 billion, an increase of 196% vs. 2020 EBITDA Transformational investments of approximately $3.8 billion in building products and Hexion's global epoxy business Integrated portfolio of diversified businesses under one unified brand with two segments Housing and Infrastructure Products ("HIP") and Performance and Essential Materials ("PEM") Market conditions... More