Description
Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP.
Westlake Chemical OpCo LP’s assets include three facilities in Calvert City, Kentucky, and Lake Charles, Louisiana which process ethane and propane into ethylene, and an ethylene pipeline.
History
Westlake was founded in 1986 by T. T. Chao, a pioneer in the global petrochemical industry, with the acquisition of a polyethylene plant in Lake Charles, Louisiana. Building on three decades of prior experience in Asia, the company embarked on a mission of consistent growth through further acquisition, expansion of existing facilities and new construction. Following are some of the highlights of this exciting journey.