Westlake Growth & Investment Strategy
Westlake's History of Driving Value Creation
1991
1988
LDPE Plant
Expansion
Started Petro 1
Acquired PVC plant
1997
Acquired Calvert City,
Chlor-Alkali plant
Started Petro 2
2006
Acquired Longview
PE plants
2013
Geismar
Chlor-Alkali
Plant
2014
Ethylene Plant
Expansion
Petro 1
2016
Ethylene Plant
2019
Geismar
Expansion
PVC
Petro 2
Plant
7
1986-2021: Sales CAGR -16%
2004
2013
Acquired
1986
IPO on New York
Company begins
operations in
Lake Charles
1993
Acquired 1st
1995
Started
Suzhou,
Certain Teed
Stock Exchange
specialty pipe
China plant
pipe plant
2016
Acquired
Axiall and Royal
Building Products
2014
1990
Acquired VCM in
Calvert City, CA
2002
Acquired Geismar
VCM/PVC plant
2004-2021 EBITDA CAGR -15%
2012-2021 Average ROCE ~16%
Acquired Vinnolit in Europe
2019
Several acquisitions including Nakan, DaVinci Roofscapes
and added to JV ownership of LACC ethane cracker
European & U.S. PVC Expansions
2020
2021-22
Made four transformative acquisitions
in building products and performance
materials for approximately $3.8B
Organic and Inorganic Investments in the Portfolio Have Consistently Created Long-Term Value
WestlakeView entire presentation