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Westlake Chemical Management Discusses Q2 2012 Results - Earnings Call Transcript

Westlake Chemical (WLK)

Q2 2012 Earnings Call

August 02, 2012 11:00 am ET

Executives

David R. Hansen - Senior Vice President of Administration

Albert Y. Chao - Chief Executive Officer, President, Director, Member of Nominating & Governance Committee, Member of Compensation Committee and Member of Corporate Risk Committee

M. Steven Bender - Chief Financial Officer, Senior Vice President and Treasurer

Analysts

David L. Begleiter - Deutsche Bank AG, Research Division

Brian Maguire - Goldman Sachs Group Inc., Research Division

Frank J. Mitsch - Wells Fargo Securities, LLC, Research Division

Donald Carson - Susquehanna Financial Group, LLLP, Research Division

Jeffrey J. Zekauskas - JP Morgan Chase & Co, Research Division

Gregg A. Goodnight - UBS Investment Bank, Research Division

Aleksey V. Yefremov - BofA Merrill Lynch, Research Division

Hassan I. Ahmed - Alembic Global Advisors

Presentation

Operator

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Westlake Chemical Corporation's Second Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, ladies and gentlemen, this conference is being recorded today, August 2, 2012. I would now like to turn the call over to today's host, Dave Hansen, Westlake's Senior Vice President of Administration. Sir, you may begin.

David R. Hansen

Thank you very much. Good morning, everyone, and thank you for joining us for the Westlake Chemical Corporation's Second Quarter Conference Call. I'm joined today by Albert Chao, our President and CEO; Steve Bender, our Senior Vice President and Chief Financial Officer, and other members of our management team.

The agenda for today will be as follows: Albert will first make a few comments regarding Westlake's performance in the second quarter and a current perspective on the industry. Steve will then provide you with a more detailed look at our financial and operating results. Albert will have a few concluding comments, and then we will open up the call to questions.

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