March 8, 2022
HOUSTON — Westlake Chemical Corp. announced that it has officially changed its name to Westlake Corp. Westlake is now organized under one unified brand name with two financial reporting segments: Housing & Infrastructure Products and Performance & Essential Materials. “We have reached an important milestone in the history of our company,” said Westlake President and Chief Executive Officer Albert Chao. “Our business portfolio has evolved over the last decade, particularly in the last year when we celebrated our 35th anniversary. Through a combination of strategic acquisitions and organic growth that has been fueled by market trends, particularly in the rapidly expanding housing and infrastructure sector, we have made significant progress in diversifying our businesses and broadening our product offering. By changing our name, we will better represent the breadth of industries we serve, including housing and construction, automotive and consumer lifestyle, packaging and healthcare.”
Westlake completed a series of acquisitions during 2021, including LASCO Fittings LLC, a manufacturer of injection-molded PVC fittings; Dimex LLC, a producer of post-industrial recycled plastic consumer and building products; and Boral Limited’s North American building products businesses, which include roofing, siding, trim, shutters, outdoor living products, decorative stone and windows. In addition, Westlake recently closed the acquisition of the global epoxy business of Hexion Inc. The company’s two newly established reporting segments replace the former segments, Olefins and Vinyls. Housing & Infrastructure Products includes Westlake Royal Building Products, Westlake Pipe & Fittings, Westlake Global Compounds, and Westlake Dimex. Performance & Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives, Westlake European & Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene, and Westlake Epoxy. Related Articles

Westlake Chemical Corp. Changes Name to Westlake Corp.

Non-Residential
To learn more about Vinyl Siding Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=425
Competitive Landscape: Top Companies in Vinyl Siding Market
The global vinyl siding market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships. Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced vinyl siding. Fact.MR has provided detailed information about price points of top manufacturers of vinyl siding market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report. For instance:
In January 2022, Associated Materials Group Inc. and SVPGLOBAL have entered into an agreement in which SVPGLOBAL will acquire Associated Material Group Inc. In September 2021, Westlake Chemical has acquired Dimex LLC, from Grey Mountain Partners, a private equity firm. Which end-use industry holds more market share and is poised to show more growth in Vinyl Siding Market? The application of vinyl siding comprises of new construction and repair and rehabilitation. The new construction segment accounts for nearly 54.9% of the overall vinyl siding market share. The new construction comprises of residential and non-residential construction. The new residential construction is estimated to register a CAGR of 4.9% during the forecast years of 2022-2032 and is likely to register global market volume share of more than 43%. However, the demand for vinyl sidings in new non-residential settings is likely to gain traction in coming years. Key Companies Profiled:
Westlake Chemical, Associated Materials Group Inc., Alcoa Inc., Alside Inc., BASF SE, Sibco Building Products, CertainTeed Corporation, Ferriot Inc., Ply Gem Holdings, Acme Brick, Koch Industries, ASC Profile Inc., American Original Building Products, Variform Inc., Berkshire Hathaway Incorporated, Kaycan Ltd. Stuck in a neck-to-neck competition with other brands? Purchase a copy of report on Vinyl Siding Market at https://www.factmr.com/checkout/425
Which region accounts for more enhanced demand for Vinyl Siding Market? In essence, vinyl is somewhat green friendly. Vinyl is a material with very low requirements of energy and helps save vital resources as well as energy. Vinyl can also be recycled and the global vinyl industry facilitates efforts to enhance the recycling of demolition and construction scrap made from vinyl. As a result, vinyl is the most preferred material in different construction activities. Further, North American countries such United States, Canada etc. are focusing on eco-friendly and recyclable products to construct the buildings. Vinyl siding is fulfilling the need on American consumers. North America vinyl siding market accounts for the largest sales by contributing 24.5% to the overall vinyl siding market. It is projected to grow at 6.7% CAGR by the end of forecast period. Check out more studies related to Industrial Goods Industry , conducted by Fact.MR:
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Vinyl Siding Market to Reach USD 10.3 Billion by 2022-2032 | Vinyl Siding Industry Registering a CAGR of 4.4%: Fact.MR Analysis

Official name change reflects the company’s more diversified business portfolio stemming from four key acquisitions and overall growth in product offerings in composites, infrastructure, consumer, medical and others. Photo Credit, all images: Westlake Corp.
Westlake Chemical Corp.  (Houston, Texas, U.S.) has announced plans to officially change its name to Westlake Corp., effective on Feb. 18, 2022. The decision organizes the company under one unified brand name with two financial reporting segments: Housing and Infrastructure Products and Performance and Essential Materials. “We have reached an important milestone in the history of our company,” says Westlake president and CEO, Albert Chao. “Our business portfolio has evolved over the last decade, particularly in the last year when we celebrated our 35th anniversary. Through a combination of strategic acquisitions and organic growth that has been fueled by market trends, particularly in the rapidly expanding housing and infrastructure sector, we have made significant progress in diversifying our businesses and broadening our product offering. By changing our name, we will better represent the breadth of industries we serve, including housing and construction, automotive and consumer lifestyle, packaging and healthcare.”
Westlake completed a series of acquisitions during 2021, including Lasco Fittings LLC, a manufacturer of injection-molded PVC fittings; Dimex LLC, a producer of post-industrial recycled plastic consumer and building products; and Boral Ltd.’s North American building products businesses, which include roofing, siding, trim, shutters, outdoor living products, decorative stone and windows. These acquisitions have significantly enhanced the company’s position in the housing and infrastructure markets and have greatly expanded its overall product offering. In addition, Westlake recently closed the acquisition of the global epoxy business of Hexion Inc.  (Columbus, Ohio, U.S.) a supplier of coatings and composites used in high-growth applications like wind turbine blades and automotive structural components. Westlake’s two newly established reporting segments replace the former segments, Olefins and Vinyls. Housing and Infrastructure Products includes Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds and Westlake Dimex. Performance and Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali and Derivatives, Westlake European and Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene and Westlake Epoxy. Westlake is also increasing its focus on breakthroughs for essential materials to support the energy transition and meet customer demands. Some initiatives include composites used to manufacture wind turbine blades and lightweight automotive components, and consumer and building products made from post-industrial-recycled polymers. “As Westlake’s business continues to grow globally, serving multiple industries, what has not changed is our unwavering commitment to the communities where our 16,000 employees work and live, our insistence on high-quality products and services for our customers, and our unrelenting focus on safety and the environment,” continues Chao. “We are committed to delivering consistent, durable and increasingly sustainable products to customers, while also remaining steadfast in creating value for our shareholders. We believe our new name and segmentation better reflects where our company is today and positions us well for continued long-term success.”
The Company's common stock will continue to trade under the ticker symbol “WLK” on the New York Stock Exchange (NYSE). Holders of stock certificates bearing the prior corporate name need not take any action at this time. Such stock certificates continue to be valid and do not need to be exchanged.

Westlake Chemical transitions to unified brand name, Westlake Corp.

New name reflects the Company’s more diversified business portfolio stemming from recent acquisitions and overall organic and strategic growth
Westlake is now organized under one unified brand with two segments – Housing & Infrastructure Products and Performance & Essential Materials
Westlake recently concluded four key acquisitions valued at approximately $3.8 billion
February 15, 2022 06:30 AM Eastern Standard Time
HOUSTON--( BUSINESS WIRE )--Westlake Chemical Corporation (NYSE: WLK) today announced that it plans to officially change its name to Westlake Corporation effective on February 18, 2022. Westlake is now organized under one unified brand name with two financial reporting segments: Housing & Infrastructure Products and Performance & Essential Materials. “We have reached an important milestone in the history of our Company,” said Westlake President and Chief Executive Officer Albert Chao. “Our business portfolio has evolved over the last decade, particularly in the last year when we celebrated our 35th Anniversary. Through a combination of strategic acquisitions and organic growth that has been fueled by market trends, particularly in the rapidly expanding housing and infrastructure sector, we have made significant progress in diversifying our businesses and broadening our product offering. By changing our name, we will better represent the breadth of industries we serve, including housing and construction, automotive and consumer lifestyle, packaging and healthcare.”
Westlake completed a series of acquisitions during 2021, including LASCO Fittings, LLC, a manufacturer of injection-molded PVC fittings; Dimex LLC, a producer of post-industrial recycled plastic consumer and building products; and Boral Limited’s North American building products businesses, which include roofing, siding, trim, shutters, outdoor living products, decorative stone and windows. These acquisitions have significantly enhanced the Company’s position in the housing and infrastructure markets and have greatly expanded its overall product offering. In addition, Westlake recently closed the acquisition of the global epoxy business of Hexion Inc., a leading supplier of coatings and composites used in such high-growth applications as wind turbine blades and light-weight automotive structural components. The Company’s two newly established reporting segments replace the former segments, Olefins and Vinyls. Housing & Infrastructure Products includes Westlake Royal Building Products, Westlake Pipe & Fittings, Westlake Global Compounds and Westlake Dimex. Performance & Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives, Westlake European & Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene and Westlake Epoxy. “As Westlake’s business continues to grow globally, serving multiple industries, what has not changed is our unwavering commitment to the communities where our 16,000 employees work and live, our insistence on high-quality products and services for our customers, and our unrelenting focus on safety and the environment,” continued Chao. “We are committed to delivering consistent, durable and increasingly sustainable products to customers, while also remaining steadfast in creating value for our shareholders. We believe our new name and segmentation better reflects where our Company is today and positions us well for continued long-term success.”
Westlake’s products and materials enhance people’s lives every day. They can be found in a wide range of consumer goods and necessities, such as disinfectants for drinking water; food-grade plastic films used to keep food safe and fresh; a variety of consumer goods including toys, shoes, furniture, car interiors, and electronics; and medical devices and applications such as IV bags and dialysis machine tubing. Additionally, Westlake produces key finished goods for building and infrastructure, such as PVC pipe for water and sewer; residential siding; architectural stone; cement, clay, metal and polymer composite roofing; trim and mouldings; outdoor living products; and more. The Company's common stock will continue to trade under the ticker symbol “WLK” on the New York Stock Exchange. Holders of stock certificates bearing the prior corporate name need not take any action at this time. Such stock certificates continue to be valid and need not be exchanged. About Westlake
Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital solutions — from housing and construction, to packaging and healthcare, to automotive and consumer. For more information, visit the company's web site at www.westlake.com . Contacts

Westlake Chemical Corporation to Change Name to Westlake Corporation

West End luxury homes offer traditional style with contemporary tech
Dimex Group is developing the 10-unit development, named for its street address: 1289 Nicola
Author of the article:
1289 Nicola's exterior style is inspired in part by historic homes in the English Bay neighbourhood. Photo by Supplied by DIMEX Group /PNG
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Traditional French chateau architectural style will combine with high-performance Passive House technology to create a multi-family development slated for one of Vancouver’s most desirable locations, the sought-after West End neighbourhood close to English Bay and Stanley Park. Advertisement
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West End luxury homes offer traditional style with contemporary tech Back to video
Dimex Group is developing the 10-unit luxury development, named for its street address: 1289 Nicola . With only two units per floor, the two- and three-bedroom homes range in size from 1,110 to 1,360 square feet with 90 square feet of exterior space. The inspiration for 1289 Nicola traces back to historic homes in the English Bay neighbourhood — including the landmark house built by the Rogers family — and to the travels through France and art history studies of Dimex’s creative director, Elnaz Dhillon. Designed by Cornerstone Architecture, 1289 Nicola will be built to Passive House standards, including extra insulation to maintain an even temperature in the homes, triple-glazed tilt-and-turn windows and a fresh air system with heat recovery, says Dimex managing director Sunny Dhillon. Advertisement
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The display suite kitchen showcases a waterfall island as well as the dual-toned kitchen-cabinet design. Photo by Supplied by DIMEX Group /PNG
“Even the footings in the underground parking are insulated: a lot of extra work and cost goes into building a Passive House [development,]” says Sunny Dhillon, but he points out the technology and quality of the build will enhance the building’s longevity. Passive House design reduces a home’s carbon footprint and also results in acoustic comfort, he says, noting any noise is contained within each home and does not transfer to neighbouring units. While the Mansard roof and columns that reflect the French architectural style will result in a building that is much different from others in the neighbourhood, it is that distinctiveness that is attractive to potential buyers, says Ehsan Vali, principal, ValiDesign. Advertisement
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“It will be unique and exclusive and offer something they won’t often see in the city,” he says. “We carried that esthetic through to the interiors, and they are little bolder than the typical neutral designs often seen in new developments. The lucky owners will be looking for that exquisite design. Even though we have kept the interiors simple and settled, they will [be the foundation of] an exclusive living experience found only in these few homes.”
To satisfy the different style preferences of buyers, Vali developed two schemes, Classic with its softer and ageless characteristics such as herringbone engineered hardwood floors with dual-tone kitchen cabinetry in white and oak finishes; and the Modern palette that is bolder and showcases a contemporary European style with stone-look porcelain tile floors, white and grey cabinetry and brushed bronze faucet and hardware. Advertisement
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The dual tones in the kitchen also enabled Vali to design a seldom-seen reveal around every cabinet door. 1289 Nicola’s bathrooms will boast luxe features like an LED-lit wall-to-wall niche that provides a ledge for shampoos and soaps and porcelain tiles imported from Spain. Photo by Supplied by DIMEX Group /PNG
“This is one of the most complicated kitchen-cabinet designs I have done in quite a while. The reveal — in the different colour to the door — is a difficult and time-consuming construction detail,” he says. Quartz countertops and backsplashes in both schemes are by Silestone. In the Modern option, the calacatta marble-look quartz anchors the palette, while the choice for the Classic scheme also features a marble look but with veining in tones of goldish brown, says Vali. The Silestone on the kitchen islands — which in addition to the working surface, provides plenty of storage — extends to the sides of the cabinetry for a waterfall finish, while the same quartz is also specified for full-height backsplashes. Advertisement
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Vali says that while the different quartz choices enhance each design scheme, they come at a higher cost. “Kudos to Dimex for being willing to do that. It means extra costs and headaches during construction — developers [often] want to use the same materials — which results in better pricing and easier coordination on-site. But Dimex really wanted the look,” he says. High-end luxurious interiors. Photo by Supplied by DIMEX Group /PNG
While the kitchen doors and drawers feature soft-close mechanisms, Elnaz Dhillon notes the cabinetry also conceals electrical outlets. A charging drawer in the kitchen island has two USB and two electrical plugs while additional electrical outlets are concealed under the upper kitchen cabinets, a design detail that maintains a seamless backsplash with no outlets. Advertisement
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Major kitchen appliances are by Gaggenau, including a french-door refrigerator with bottom mount freezer, a convection wall oven, induction cooktop, built-in coffee machine and integrated dishwasher. Each home has two bathrooms, one with a tub and one with a shower. “One of the first features people will notice is the LED-lit wall-to-wall niche that provides a ledge for shampoos and soaps,” says Vali. Vessel sinks and wall-mounted faucets in the primary ensuite bathrooms add to the luxury ambience. The bathroom walls and floors are covered in large format (24- by 24-inch) porcelain tiles imported from Spain, he says. The eye-catching inset diamond detail specified for the floor in the Modern scheme bathroom is probably the most direct introduction of French style in these spaces, says Vali, observing a chequered look is often seen in this design esthetic. Advertisement

West End luxury homes offer traditional style with contemporary tech

Evenflo Company

Acquired

Dimex is a manufacturer of plastic extruded products used in a variety set of end markets such as industrial matting, landscaping, marine products, masonry construction, and office chair mats. Products are manufactured using polyethylene, rigid and flexible polyvinyl chloride, or EPDM (ethylene propylene diene monomer) rubber. On August 6th, 2021, Dimex was acquired by Westlake Chemical. The terms of the transaction were not disclosed.

Name	Work History	Title	Status
Andy Antil	Evenflo Company	Chief Executive Officer	Current
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