Westlake closes Cologne PVC plant. BofA keeps USD 75 target for Westlake stock

Published on 10/08/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 10.80 percent to USD 3.27 billion. Westlake stock costs EUR 55.12 on October 8, 2026 after EUR 54.97.

WLK, US9604131022, Illustration mit AI erstellt.

Westlake stock (ISIN US9604131022) was trading at EUR 55.12 at Lang & Schwarz on October 8, 2026 at 2:44 p.m. CEST, up 0.27 percent versus the prior close of EUR 54.97. The company listed the closure of its Cologne PVC plant in a September 29, 2026 release, while Simply Wall St reported on October 8, 2026 that the move carries USD 205 million in pre-tax charges across 2026 and 2027. Bank of America Securities maintained a USD 75.00 target on October 5, 2026, according to Markets Insider.

Cologne closure carries USD 205 million

Westlake plans to remove 165,000 metric tons of higher-cost PVC capacity from its European footprint, according to Simply Wall St. The charge is a near-term earnings burden, but the capacity reduction is designed to concentrate production on larger assets, including the 380,000 metric ton Wilhelmshaven PVC and VCM plant.

Westlake's investor-relations page identifies the Cologne action as part of its European chlorovinyl footprint optimization. The company also reported 15,000 employees and USD 11.170 billion in net sales at the end of 2025 on that page, providing scale for the restructuring effort.

Three dated company events

On August 4, 2026, Westlake discussed second-quarter results that included USD 3.27 billion in sales and USD 260 million in net income, according to Fortune. On September 29, 2026, Westlake listed the Cologne PVC plant closure in its investor-relations news releases. On October 5, 2026, Bank of America Securities kept its Hold rating and USD 75.00 target, according to Markets Insider.

What does the reset mean for earnings?

The second-quarter comparison was sharply better than the prior-year period: revenue rose 10.80 percent from USD 2.95 billion, while net income changed from a GAAP loss of USD 142 million to USD 260 million, according to Markets Insider. Fortune reported that operating cash flow reached USD 318 million in the second quarter of 2026 and that management continued to target USD 600 million of EBITDA benefit from its improvement plan in 2026.

The Cologne charge therefore matters less as a standalone cost than as a test of whether footprint changes can protect margins in a weaker European chemicals market. Westlake also expects Housing and Infrastructure Products revenue of USD 4.4 billion to USD 4.6 billion in 2026, with an EBITDA margin of 19 percent to 21 percent excluding identified items, according to the company's second-quarter call carried by Fortune.

Next dates for Westlake

Westlake's next earnings date is listed as October 28, 2026 by StockIQ. The investor-relations calendar also lists the August 12, 2026 Mizuho Industrials and Chemicals Conference as a past company event.

Westlake stock stays near its euro prior close

At Lang & Schwarz, Westlake stock was trading at EUR 55.12 on October 8, 2026 at 2:44 p.m. CEST, plus 0.27 percent versus the EUR 54.97 prior close dated October 7, 2026. The primary listing is on the NYSE, where the finance quote showed a USD 7.9 billion market capitalization and a USD 56.33 to USD 124.23 52-week range as of October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Westlake stock.