Westlake Corporation entered into a $67 million settlement agreement with direct purchaser plaintiffs in the PVC Pipe Antitrust Litigation, pending court approval, with indirect purchaser claims remaining pending.
Key takeaways
Westlake and DPPs entered Settlement Agreement on March 26, 2026, for PVC Pipe Antitrust Litigation.
Company agreed to pay $67 million to DPP settlement class, subject to court approvals.
DPPs filed motion for preliminary approval on April 13, 2026.
Settlement releases Westlake from certain DPP claims; not an admission of liability.
Indirect purchaser claims remain pending.
Forward-looking statements subject to risks including judicial determinations.