Westlake Unit Brings Fire-Rated Roofing and Stone Solutions

Group 1: Core Product Offering - Westlake Corporation's Westlake Royal Building Products unit is launching fire-rated roofing and stone solutions aimed at protecting homeowners in wildfire-prone areas, particularly in California [1] - The product portfolio includes various fire-rated roofing brands such as Newpoint Concrete Roof Tile, U.S. Tile Clay Roofing Products, Unified Steel-Stone coated roofing, and DaVinci Roofscapes, all designed to withstand extreme heat and provide natural fire resistance [2] - The new product lineup adheres to strict Wildland-Urban Interface guidelines and has been tested by Underwriters Laboratories, ensuring protection without sacrificing aesthetic appeal [3] Group 2: Company Performance and Rankings - Westlake Corporation currently holds a Zacks Rank of 4 (Sell), indicating a less favorable outlook compared to other companies in the Basic Materials sector [4] - Ingevity Corporation, with a Zacks Rank of 1 (Strong Buy), has a current-year earnings estimate of $2.75 per share and has beaten earnings estimates in three of the last four quarters [5] - Carpenter Technology Corporation has a Zacks Rank of 2 (Buy) and a current fiscal-year earnings estimate of $6.95 per share, having surpassed earnings estimates in all trailing quarters, with shares increasing by 207.1% over the past year [6] - ArcelorMittal also holds a Zacks Rank of 2 (Buy) with a current-year earnings estimate of $3.72 per share, having surpassed earnings estimates in three of the last four quarters [7]