Westlake Chemical Sees First-Quarter Profits Fall, Expects $450 Million Capex for 2015

SUGAR LAND--May 5, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Westlake Chemical Corporation (NYSE:WLK) (Houston, Texas) reported lower prices caused its first-quarter 2015 net income to drop 7.4%, despite an increase in overall revenue. A drop in sales prices was tied to the decline in crude oil prices. Industrial Info is tracking 47 active Westlake projects with a combined value of $918.77 million.

Within this article: Westlake Chemical's first-quarter earnings results and projects, including the expansion of an ethylene unit in Louisiana.