EBITDA (earnings before interest expense, income taxes, depreciation and amortization) for the second quarter of 2006 increased 28 percent to $130.3 million compared to $101.9 million in the second quarter of 2005 and increased 21 percent compared to $107.8 million in the first quarter of 2006.
Cash flows from operating activities were $146.9 million for the six months ended June 30, 2006, $62.9 million of which was used for capital additions.
At the end of the second quarter the Company's cash balance was $275.6 million and debt was $260.1 million.
Westlake Chemical Corporation is a manufacturer and supplier of petrochemicals, polymers and fabricated products with headquarters in Houston, Texas.
The company's range of products includes: ethylene, polyethylene, styrene, propylene, caustic, VCM, PVC and PVC pipe, windows and fence.
Westlake Chemical Corporation
marketing@alchempro.com
