Westlake Chemical (WLK) in Pivotal Point Check: 544 Million USD Loss - Chemical Company Accelerates After Radical Restructuring!
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Restructuring in Focus: Westlake plans an EBITDA increase of 600 million USD for 2026 through cost reductions and plant optimization. Better than feared: The adjusted loss per share fell to -0.25 USD, significantly lower than analysts had expected. Strategic Realignment: The closure of unprofitable plants and improved utilization are intended to sustainably secure profitability. Westlake, a manufacturer of petrochemicals and construction products, surprised on February 24 with a 12% increase in share price. The stock rose...
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