Westlake Chemical Corp plans to expand its ethylene capacity and make other capital improvements in Lake Charles, LA with an investment in excess of US$330 mln. This expansion is expected to be completed in late 2015 or early 2016 and will increase ethane-based ethylene capacity by approximately 250 mln lbs annually.
Albert Chao, President & Chief Executive Officer commented, "Westlake Chemical has enjoyed a long and rewarding relationship with Louisiana since our inception in Lake Charles in 1986. Since then, we have seen our footprint grow substantially. Our Louisiana operations are a vital hub for the enterprise and we look forward to a continued beneficial partnership in the future."
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}