Westlake Corporation (WLK) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Westlake Corporation first quarter 2025 earnings conference call. During the presentation, all participants will be in a listen-only mode. After the speaker's remarks, you will be invited to participate in a question and answer session. As a reminder, ladies and gentlemen, this conference is being recorded today, May 2, 2025. I would now like to turn the call over to your host today, John Zeller, Westlake's vice president and treasurer. Sir, you may begin. Thank you. Good morning, everyone, and welcome to the Westlake Corporation conference call to discuss our first quarter 2025 results. I'm joined today by Albert Chow, our executive chairman, Jean-Marc Gilson, our president and CEO, Steve Bender, our executive vice president and chief financial officer, and other members of our management team. During the call, we will refer to two reporting segments, performance and essential materials, which we refer to as PEM or materials, and housing and infrastructure products, which we refer to as HIP or products. Today's conference call will begin with Jean-Marc, who will open with a few comments regarding Westlake's performance. Steve will then discuss our financial and operating results, after which Jean-Marc will add a few concluding comments, and we will open up the call to questions. Today, management is going to discuss certain topics that will contain forward-looking information that is based on management's beliefs, as well as assumptions made by and information currently available to management. These forward-looking statements suggest predictions or expectations, and thus are subject to risks or uncertainties. These risks and uncertainties are discussed in Westlake's Form 10-K for the year...