secwatch.observer — SEC 8-K summary
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Issuer:     WESTLAKE CORP (WLK)
CIK:        0001262823
Form:       8-K
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0001262823-24-000033
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westlake HIP investor event: $4.3B revenue, ~$84B TAM, 5-7% organic CAGR
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- HIP revenue of $4.3B for twelve months ended March 31, 2024; housing accounts for ~$3.6B, infrastructure $0.7B.
- Estimated HIP total addressable market ~$84B; expected organic revenue CAGR 5-7%.
- Three main businesses: Westlake Royal Building Products, Pipe & Fittings, Global Compounds.
- Dimex recycled-compounds (PIVOTAL) sales revenue up 48% YTD; total Dimex sales +10%.
- HIP has grown via acquisitions including Boral (2021), Dimex, LASCO Fittings, DaVinci Roofing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262823/000126282324000033/0001262823-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262823/000126282324000033/wlk-20240613.htm
  HTML page:      https://secwatch.observer/filing/0001262823-24-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer