Iran announces complete closure of the Strait of Hormuz! The global energy "lifeline" is severed! The Strait of Hormuz ...
SCI CEO Sharon Todd warns that energy prices and regulatory burdens are harming the UK's chemicals manufacturing sector ...
The Sabic affiliate has awarded a Chinese contractor the project to build a new 4,000-tonne-a-year ethylene oxide catalyst ...
Today, most ethylene is made through steam cracking, a process that uses high-temperature steam to break down crude oil into ...
Westlake Chemical Partners (NYSE:WLKP) executives emphasized the stability of the partnership’s fixed-margin business model ...
The government approved the petrochemical industry’s first restructuring plan, known as the Daesan No. 1 Project, as domestic ...
Japan's ethylene production in January was 433,700 tons, a year-on-year decrease of 6.9%. The decline in production was ...
Kim Jung-kwan (center), Minister of the Ministry of Trade, Industry and Resources, poses for a commemorative photo with attendees at a CEO roundtable on petrochemical business restructuring at the ...
Full-year 2025 net income and distributable cash flow declines were primarily driven by lower production volumes resulting from the planned Petro 1 turnaround. Management successfully renewed the ...
Full year net income -- $49 million attributable to Westlake Chemical Partners ( WLKP +3.11%), with consolidated net income ...
End-of-quarter consolidated cash balance and investments with Westlake totaled $68 million, with long-term debt at $400 million. OpCo spent $79 million in capital expenditures for 2025, maintaining a ...
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