Westlake Chemical Partners LP Common Units (WLKP) Q1 2026 Earnings Call Transcript
Westlake Chemical Partners LP Common Units (WLKP) Q4 2025 Earnings Call Transcript
Westlake Chemical Partners LP Common Units ( WLKP ) Q3 2025 Earnings Call October 30, 2025 1:00 PM EDT Company Participants Jeff Holy - VP & Chief Accounting Officer Jean-Marc Gilson - President, CEO & Director Steven Bender - Executive VP, CFO & Director of Westlake Chemical Partners GP LLC Conference Call Participants James Altschul Presentation Operator Good afternoon, and thank you for standing by. Welcome to the Westlake Chemical Partners Third Quarter 2025 Earnings Conference Call.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| WJ William Jollie Quent Capital LLC | 1,000 | $22,090 | $23,330 | $1,240 | 5.61% |
| Chemicals Industry | Materials Sector | Jean-Marc Gilson CEO | NYSE Exchange | 960417103 CUSIP |
| US Country | 2,169 Employees | 14 May 2026 Last Dividend | - Last Split | 30 Jul 2014 IPO Date |
Westlake Chemical Partners LP specializes in the acquisition, development, and operation of ethylene production facilities and related assets throughout the United States. With a focus on converting ethane into ethylene, a critical component in the production of various plastic and chemical products, Westlake Chemical Partners plays a vital role in the petrochemical industry. The partnership is managed by Westlake Chemical Partners GP LLC, which serves as its general partner. Established in 2014 and based in Houston, Texas, the company has quickly made a name for itself within the chemical sector by prioritizing operational excellence and strategic growth in its core market areas.
The cornerstone of Westlake Chemical Partners' business, this involves the conversion of ethane into ethylene. Ethylene is a key ingredient in the manufacture of various plastics, antifreeze, and other important industrial chemicals, making this service vital to a wide range of industries.
As one of the by-products of ethylene production, propylene is sold directly to third parties. It is used in the production of plastics, detergents, and a variety of chemicals, highlighting the company's ability to maximize the value of its production processes.
Another co-product of the ethylene production process, crude butadiene is used in the manufacture of synthetic rubber and plastics. By selling this and other co-products, Westlake Chemical Partners diversifies its revenue sources and contributes to a more sustainable operation.
Commonly known as PyGas, this co-product consists of a mixture of hydrocarbons and is used as a feedstock in the production of other chemicals, or as an additive in gasoline. This product further exemplifies the integrated nature of the company's operations.
Produced as a by-product of the ethylene manufacturing process, hydrogen is sold to third parties for a variety of uses, including as a clean fuel or in refining processes. This not only enhances the company's environmental profile but also opens up additional market opportunities.