Westlake Corporation Q4 2025 Earnings Call Summary

Performance in 2025 was significantly impacted by global overcapacity in polyethylene and core vinyls, leading to margin compression and lower average sales prices. The company initiated a comprehensive restructuring plan, including the closure of high-cost PEM assets in North America, China, and the Netherlands to exit low-priced export markets. Housing and Infrastructure Products (HIP) demonstrated resilience despite lower residential construction, supported by strong municipal pipe demand and infra ...