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Westlake Chemical Corp. (WLK)On Jan 5: 25.26   0.00 (0.00%)  
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Westlake Chemical Corp.
2801 Post Oak Boulevard
Suite 600
Houston, TX 77056
United States - Map
Phone: 713-960-9111
Fax: 713-963-1590
Web Site: http://www.westlake.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Specialty Chemicals
Full Time Employees:1,961

BUSINESS SUMMARY 
Westlake Chemical Corporation engages in the manufacture and marketing of basic chemicals, vinyls, polymers, and fabricated products. It operates in two segments, Olefins and Vinyls. The Olefins segment manufactures and markets ethylene, polyethylene, styrene monomer, and various ethylene co-products, such as propylene, crude butadiene, and hydrogen. The Vinyls segment manufactures and markets polyvinyl chloride, vinyl chloride monomer, chlorine, caustic soda, and ethylene. This segment also manufactures and sells products fabricated from polyvinyl chloride, which comprise pipes, window and door profiles, and fences. The company’s products are used in consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, and residential and commercial construction, as well as in other durable and non-durable goods. It serves chemical processors, plastics fabricators, construction contractors, municipalities, and supply warehouses primarily in the United States, Canada, and Singapore. The company was founded in 1985 and is headquartered in Houston, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Westlake Chemical Corp.'s Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 41.8% of Russell 3000 companies and 40.7% of Materials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Albert Y. Chao , 60
    Chief Exec. Officer, Pres, Director, Member of Compensation Committee and Member of Nominating & Governance Committee
    $ 1.05M $ 0
    Mr. M. Steven Bender CPA, 53
    Chief Financial Officer, Sr. VP and Treasurer
    $ 388.00K $ 0
    Mr. Wayne D. Morse , 66
    Sr. VP of Vinyls
    $ 450.00K $ 38.00K
    Mr. George J. Mangieri , 59
    Chief Accounting Officer and VP
    $ 424.00K $ 0
    Mr. Stephen Wallace , 62
    VP, Sec. and Gen. Counsel
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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