Westlake Corp, a leading global manufacturer and supplier of petrochemicals, polymers, and building products, has released its 2024 10-K report. The report provides a comprehensive overview of the company's financial performance, business operations, strategic initiatives, and the challenges it faces in the highly competitive petrochemical industry. Financial Highlights Net External Sales: $12,142 million, a decrease of $406 million or 3% from 2023, primarily due to lower sales prices for PVC resin, epoxy resin, caustic soda, chlorine, and pipe and fittings, partially offset by higher sales volumes. Gross Profit Margin: 16%, down from 18% in 2023, mainly due to lower prices for most products across both segments, partially offset by lower natural gas and feedstock costs. Income from Operations: $875 million, an increase of $146 million from 2023, primarily due to the absence of a $475 million impairment charge and a $150 million litigation charge recorded in 2023.