Westlake Chemical restarts VCM unit at Geismar, Louisiana, complex following March 22 explosion, fire

Wendy Lisney

Wendy Lisney

May 10, 2012 – PRNewswire

HOUSTON , May 10, 2012 (press release) – Westlake Chemical Corporation (NYSE: WLK) announced today that its vinyl chloride monomer (VCM) unit at its complex in Geismar, Louisiana, damaged by a fire in late March, has been safely repaired and restarted. With the restart of this unit the overall site is now fully operational.

Westlake continues to cooperate with governmental authorities, including OSHA, EPA, the Louisiana Department of Environmental Quality, and law enforcement, regarding the investigation into the factors contributing to the fire.

The company is working with its customers and suppliers to mitigate the impact of the outage and to meet their needs as production resumes.

About Westlake Chemical Corporation

Westlake Chemical Corporation is an international manufacturer and supplier of petrochemicals, polymers and building products with headquarters in Houston, Texas. The company's range of products includes: ethylene, polyethylene, styrene, propylene, caustic, VCM, PVC resin and PVC building products including pipe, windows and fence. For more information visit the company's website at http://www.westlake.com.

Forward Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve certain risks and uncertainties. These risks and uncertainties relate to the risks and uncertainties inherent in the petrochemicals, polymers and building products industries discussed in our filings with the Securities and Exchange Commission. Forward-looking statements, like all statements in this press release, speak only as of the date of this press release (unless another date is indicated). We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.

SOURCE Westlake Chemical Corporation

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