Assignment #3
Name: Nemanja Koviljac
Student ID: 000129698
Date Submitted: 10.21.2016.
Southwest Louisiana (SWLA)
Westlake Chemical is corporation that makes chemical and plastic products. This company is global supplier of plastics, petrochemicals and building products. President and CEO of Westlake Chemical is Albert Chao. It was founded in 1986. and has headquarters at Houston, Texas. This corporation has approximately 9000 employees. Westlake Chemical has two major bussiness segments: olefins and vinyls. Westlake manufactures two primary petrochemicals-ethylene and styrene monomer.In 2014, Westlake Chemical Partners (NYSE: WLKP) is formed. This corporation goals are to operate and develop ethylene production. Westlake ethylene supplies styrene plant, which produces the primary raw material for polystyrene, coatings, unsaturated polyester and many other derivatives. Westlake Chemical has modern safety and environmental technologies to reduce emissions below regulated levels and by this, they can ensure safety to employees. Ethylene is the world’s most used petrochemical component. It is the key for producing higher chemicals including polyethylene, ethylene dichloridestyrene and ethylene oxide. Westlake operates a large ethylene complex near Lake Charles, Louisiana. Some of …show more content…
I see this company has lot of success currently, and chemical industry will probably expand even more in next decades. Mission of Westlake Chemical is to provide quality products and services by hard work to align and focus the interests of global customers and supplier.This corporation has a goal to be leader in its buisnees, and seeks to return value to shareholders above their investment. Main value of Westlake Chemical is conducting business and serve to guide each of employees as everyone work to bring excellence to operations, customers and