Westlake Chemical Partners LP
WLKP
Materials
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exclusion reason
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Westlake Chemical Partners LP is screened out under 1 exclusion reason spanning 1 issue category.
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.
Westlake Chemical Partners LP is a master limited partnership formed to operate, acquire, and develop ethylene production facilities and related assets. Its core business is the processing of natural gas liquids into ethylene, a primary building block for petrochemical plastics. Ethylene is a downstream petrochemical product derived from fossil fuel feedstocks.
The partnership's operations are integrated with its sponsor, Westlake Corporation, a major global manufacturer of petrochemicals, polymers, and building products. Westlake Chemical Partners' qualifying income, as defined for its partnership tax status, is derived from the processing and refining of products from crude oil and natural gas. Its financial structure, including a $600 million revolving credit facility from Westlake Chemical Finance Corporation, underscores its role within the larger Westlake fossil fuel-based chemical ecosystem.
Research Sources
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.