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Westlake Chemical Partners LP Announces First Quarter 2026 Distribution

  • Westlake Chemical Partners LP declared a quarterly distribution of $0.4714 per unit.
  • This marks the 47th quarterly distribution since the partnership's initial public offering.
  • The distribution is payable on June 1, 2026, to unit holders of record on May 14, 2026.
  • The release qualifies under Treasury Regulation Section 1.1446-4(b).
  • 100% of distributions to non-U.S. investors are treated as income effectively connected with a U.S. trade or business.
  • Non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.
  • Westlake Chemical Partners is a limited partnership formed by Westlake Corporation to operate ethylene production facilities.
  • The partnership holds a 22.8% interest in Westlake Chemical OpCo LP.
  • Westlake Chemical OpCo LP owns three facilities in Calvert City, Kentucky, Lake Charles, Louisiana, and an ethylene pipeline.