Westlake Corporation (WLK) Q1 2025 Earnings Call Transcript

Westlake Corporation (WLK) Q1 2025 Earnings Call Transcript

Westlake Corporation (NYSE:WLK) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET

Company Participants

John Zoeller – Vice President and Treasurer
Jean-Marc Gilson – President and CEO
Steve Bender – Executive Vice President and CFO
Albert Chao – Executive Chairman

Conference Call Participants

Patrick Cunningham – Citi
Jeffrey Zekauskas – J.P. Morgan
John Roberts – Mizuho Group
Michael Leithead – Barclays
Aleksey Yefremov – KeyBanc Capital Markets
Josh Spector – UBS
Michael Sison – Wells Fargo
Pete Osterland – Truist Securities
Matthew Blair – TPH
Kevin McCarthy – Vertical Research Partners
Arun Viswanathan – RBC Capital Markets
Frank Mitsch – Fermium Research LLC
Turner Hinrichs – Morgan Stanley
Hassan Ahmed – Alembic Global Advisors

Operator

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Westlake Corporation First Quarter 2025 Earnings Conference Call. During the presentation all participants will be in a listen-only mode. [Operator Instructions] As a reminder, ladies and gentlemen, this conference is being recorded today May 02, 2025.

I would now like to turn the call over to today’s host, John Zoeller, Westlake’s Vice President and Treasurer. Sir, you may begin.

John Zoeller

Thank you. Good morning, everyone, and to the Westlake Corporation conference call to discuss our first quarter 2025 results. I am joined today by Albert Chao, our Executive Chairman; Jean-Marc Gilson, our President and CEO; Steve Bender, our Executive Vice President and Chief Financial Officer; and other members of our management team.

During the call, we will refer to our two reporting segments, Performance and Essential Materials, which we refer to as PEM or materials and housing and infrastructure products, which we refer to as HIP or products. Today’s conference call will begin with Jean-Marc, who will open with a few comments regarding Westlake’s performance. Steve will then discuss our financial and operating results, after which Jean-Marc

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