Westlake Growth & Investment Strategy
Driving Operational Excellence Across HIP
Operational Excellence Initiatives
Automation
.
Ongoing automation and digitization investments such as material handling robotics and
advanced controls to drive further safety and productivity improvements
Value Creation
Cross-selling opportunities: including stone to trim and moldings to complement our vinyl and
polyash siding, roofing and windows to complete new construction or repairs and remodel
Operational synergies from recent acquisitions expected to provide additional savings particularly
in procurement and logistics
Operational Excellence Benefits
Vertical Integration
Vertically
Integrated
Cross
Functional
Innovation
Earnings
Stability
PEM
~
W
Leveraging
M&A
HIP
Greater
Demand
Insight
Discipline
•
PVC integration: having a dedicated offtake at multiple sites from a common supplier provides
savings
•
Security of supply and technology links for product innovation
More Investment
Opportunities
•
Greater Access to Capital
Being under the Westlake umbrella provides significant and easily accessible capital to fuel
operational improvements and growth
Leveraging a Long History of Production Wisdom
Westlake's production know how and best-in-class operations from the legacy PEM business
provides a strong foundation to further advance production capabilities and efficiencies in HIP
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