Westlake Chemical Targets Up to $700 Million in 2020 Capex, Views Market Outlook with Caution Due to Coronavirus

SUGAR LAND--February 19, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Westlake Chemical Corporation (NYSE: WLK) (Houston, Texas) executives said Tuesday they were seeing an uptick in polyvinyl chloride (PVC) and polyethylene (PE) prices as international trade tensions have begun to subside, but added they planned to take a conservative approach to the global market as a result of uncertainty regarding the impact of the coronavirus. Industrial Info is tracking more than $1 billion worth of Westlake projects in various stages of development.

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