Westlake Corporation Announces Major Facility Closures

Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potentialWestlake Corporation ( (WLK) ) has issued an announcement. On December 12, 2025, Westlake Corporation announced plans to cease operations at several North American chlorovinyl production facilities, including PVC, VCM, and chlor-alkali units, as well as a styrene production plant. These closures, expected to occur in December 2025, will result in a workforce reduction of approximately 295 employees and incur pre-tax costs of about $415 million. Despite these shutdowns, Westlake plans to continue supplying its customers from other facilities, maintaining significant production capacity in North America and globally. The decision reflects ongoing challenges in the global commodities chemicals industry and aims to improve profitability within its Performance & Essential Materials segment. The most recent analyst rating on (WLK) stock is a Hold with a $69.00 price target. To see the full list of analyst forecasts on Westlake Corporation stock, see the WLK Stock Forecast page. Spark’s Take on WLK Stock According to Spark, TipRanks’ AI Analyst, WLK is a Neutral. Westlake Corporation’s overall stock score reflects significant financial challenges, particularly in profitability and cash flow, which weigh heavily on the score. Technical analysis and valuation metrics also indicate concerns, with bearish momentum and unattractive valuation. The earnings call provides some optimism through strategic investments and cost reduction initiatives, but the current macroeconomic environment remains challenging. To see Spark’s full report on WLK stock, click here. More about Westlake Corporation Westlake Corporation is a global manufacturer and supplier of materials and innovative products, headquartered in Houston with operations in Asia, Europe, and North America. The company provides essential solutions for industries such as housing and construction, packaging, healthcare, automotive, and consumer goods. Average Trading Volume: 1,386,285 Technical Sentiment Signal: Sell Current Market Cap: $9.54B For a thorough assessment of WLK stock, go to TipRanks’ Stock Analysis page.