Comparing the current results to its competitors, Westlake Chemical Partners Lp reported Revenue decrease in the 2 quarter 2026 year on year by -0.01 %, despite the revenue increase by the most of its competitors of 14.31 %, recorded in the same quarter.
Westlake Chemical Partners Lp's Comment on Competition and Industry Peers
Due to the Ethylene Sales Agreement and integration with Westlake, OpCo does not
directly compete with other ethylene producers for 95% of the planned volumes
it produces. It is only on the 5% of planned ethylene volumes not sold to Westlake
where OpCo competes with other regional merchant ethylene producers, including
LyondellBasell Industries, N.V., Royal Dutch Shell, Williams Companies, BASF Corporation
and Flint Hills Resources.
June 1, 2024
Westlake Chemical Partners Provides 2023 Tax Reporting Information and UpdatesIn a recent announcement, Westlake Chemical Partners, LP (NYSE: WLKP), a chemical and plastics manufacturer, has provided important information regarding tax reporting for the year 2023. The company stated that it will report items of international tax relevance to its partners on Schedule K-3 for tax year 2023.This update comes in line with the previously disclosed 2023 Investor Tax Reporting Package for unitholders, highlighting Westlake Chemical Partners commitment to transparent and accurate reporting. It is important for investors to stay up to date with tax reporting requirements, and Westlake Chemical Partners aims to assis...
Publicly Traded Peers of Westlake Chemical Partners Lp
Huntsman Corporation Share Performance
-4.93%
30 Days
Huntsman Corporation
Profile
Huntsman Corporation operates as a global manufacturer and marketer of differentiated chemicals. The company focuses on producing and selling a wide range of chemical products across various industries, including chemicals for plastics, coatings, textiles, detergents, and automotive markets. Huntsman's business model aims to meet customer needs through innovation, efficiency, and global distribution channels.
Westlake Corporation operates under a business model centered around manufacturing and distributing chemical products. They source raw materials, primarily derived from ethylene, and transform them into a wide range of specialty and commodity chemicals. By efficiently producing and delivering their products, Westlake aims to meet customer demands while maximizing profitability.
LyondellBasell Industries N.V. operates as a leading multinational chemical company focused on the production of a wide range of polymers, chemicals, and refining products. The companys business model emphasizes the utilization of its extensive global reach, technological innovation, and operational efficiency to provide high-quality materials and sustainable solutions for diverse industries. By prioritizing research and development, LyondellBasell aims to meet evolving market demands while minimizing environmental impact through sustainable practices.
Balchem Corporation operates through four business segments - Human Nutrition & Health, Animal Nutrition & Health, Specialty Products, and Industrial Products. They specialize in the production and distribution of high-quality ingredients and solutions that improve and enhance the health and performance of humans, animals, and industries globally.
Sources:
Westlake Chemical Partners Lp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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