Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

WESTLAKE CHEMICAL PARTNERS LP

(WLKP)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
Business Summary
Logo Westlake Chemical Partners LP
Westlake Chemical Partners LP is a limited partnership formed by Westlake Chemical Corporation (Westlake). The Company operates, acquires and develops ethylene production facilities and other assets. Its business and operations are conducted through Westlake Chemical OpCo LP (OpCo). OpCo sells ethylene to Westlake and others, as well as sells co-products of ethylene production, including propylene, crude butadiene, pyrolysis gasoline and hydrogen. As of December 31, 2016, OpCo's assets included three ethylene production facilities, which primarily convert ethane into ethylene, and a 200-mile ethylene pipeline. As of December 31, 2016, OpCo owned two ethylene production facilities at Westlake's Lake Charles, Louisiana site (Petro 1 and Petro 2, collectively Lake Charles Olefins), and one ethylene production facility at Westlake's Calvert City, Kentucky site (Calvert City Olefins), with an annual capacity of approximately 630 million pounds.

Number of employees : 144 people.
Sales per Business
20192020Delta
Westlake937.6385.9%888.2591.8% -5.27%
Co-products, Ethylene and Other Sales154.2514.1%78.438.1% -49.16%
USD in Million
Sales per region
20192020Delta
United States1 091.87100.1%966.6799.9% -11.47%
USD in Million
Managers
Name Title Age Since
Albert Chao President, Chief Executive Officer & Director 70 -
Mark Bender Chief Financial Officer, Director & Executive VP 63 -
L. Ederington Secretary, CAO, Senior VP & General Counsel 49 2021
Angela A. Minas Independent Director 55 2016
Randy G. Woelfel Independent Director 64 2019
Johnathan S. Zoeller Chief Accounting Officer & Vice President 44 -
Members of the board
Name Title Age Since
James Chao Chairman 72 -
Mark Bender Chief Financial Officer, Director & Executive VP 63 -
L. Ederington Secretary, CAO, Senior VP & General Counsel 49 2021
Albert Chao President, Chief Executive Officer & Director 70 -
Angela A. Minas Independent Director 55 2016
Randy G. Woelfel Independent Director 64 2019
George Stephen Finley Director 69 2020
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 35,198,903 19,383,169 55.1% 0 0.0% 55.1%
Shareholders
NameEquities%
Westlake Chemical Corporation 14,122,230 40.1%
Invesco Advisers, Inc. 6,466,041 18.4%
OppenheimerFunds, Inc. 5,950,074 16.9%
Energy Income Partners LLC 2,452,784 6.97%
First Trust Advisors LP 1,788,153 5.08%
Perkins Investment Management LLC 1,171,077 3.33%
Harvest Fund Advisors LLC 618,476 1.76%
ClearBridge Investments LLC 546,905 1.55%
Global X Management Co. LLC 533,527 1.52%
BAMCO, Inc. 350,000 0.99%
Company contact information
Westlake Chemical Partners LP
2801 Post Oak Boulevard
Suite 600
Houston, TX 77056

Phone : +1.713.585.2900
Web : http://www.wlkpartners.com
Brand Portfolio
In partnership withAllbrands.markets
More brands of Westlake Chemical Partners LP