SOURCE: Industrial Info Resources

Industrial Info Resources

May 04, 2011 06:45 ET

Westlake Sees Boost in First-Quarter 2011 as Prices, Volumes Increase, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 4, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Chemical and plastic products manufacturer Westlake Chemical Corporation (NYSE:WLK) reported record quarterly income from operations for first-quarter 2011, as sales prices for all of the company's major products continued to reach new highs, and PVC resin and caustic sales volumes continued to grow. Net income was reported to be $83.54 million for the quarter, compared with $17.65 million in first-quarter 2010.

Industrial Info is tracking 22 active Westlake projects in the U.S. that are worth a total of more than $425 million, including a $30 million expansion at a plastic monomers plant in Calvert City, Kentucky. For more information, visit Industrial Info's North American Chemical Processing Project Database.

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to chemicalsgroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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