Market Overview

Westlake Chemical Concludes Revolving Credit Agreement


Westlake Chemical Corporation (NYSE:WLK) announced today the amendment
and extension of its $1 billion unsecured revolving credit agreement.
The amended and extended revolving credit facility has extended the
maturity date to July 2023 and replaces the previous $1 billion
unsecured revolving facility which was scheduled to mature in August
2021. The revolving credit facility provides available liquidity for
working capital and general corporate purposes for the company.

"We are pleased to have completed this agreement as it extends a source
of additional liquidity to our company, providing increased financial
flexibility and availability to fund our continued growth," said Albert
Chao, Westlake's President and Chief Executive Officer. "We appreciate
the continued confidence and support from our banks."

About Westlake Chemical Corporation

Westlake Chemical Corporation is an international manufacturer and
supplier of petrochemicals, polymers and building products with
headquarters in Houston. The company's range of products includes:
ethylene, polyethylene, styrene, propylene, chlor-alkali and derivative
products, PVC suspension and specialty resins, PVC compounds, and PVC
building products including siding, pipe, fittings and specialty
components, windows, fence, deck and film. For more information, visit
the company's Web site at

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.

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