Albert Chao | $1B+

Get in touch with Albert Chao | Albert Chao is the President and CEO of Westlake Corporation, a global leader in petrochemicals, polymers, and building products. Under his leadership, Westlake has grown from a family business into a publicly traded multinational enterprise. Known for his strategic acquisitions and operational discipline, Chao has played a central role in shaping the modern chemical manufacturing landscape.

Albert Chao is President, Chief Executive Officer, and Director of Westlake Chemical Corporation and its limited partnership, Westlake Chemical Partners LP. In addition, Mr. Chao is a Director of Suzhou Huasu Plastics Co, Ltd of China. Mr. Chao serves on the Board of Directors of American Fuel and Petrochemical Manufacturers Association, Greater Houston Partnership, Houston Branch of the Federal Reserve Bank of Dallas, Junior Achievement of Southeast Texas, Houston Grand Opera, and Asia Society Texas Center. He is a Board Trustee of Asia Society, New York, and Rice University. He also serves on the Executive Board of the Business Committee for Americans for the Arts, the Advisory Board of Houston Methodist Center for Performing Arts, the Board of Visitors of the M.D. Anderson University Cancer Foundation, the Leadership Cabinet of Texas Children’s Hospital and is a member of the Committee of 100. Mr. Chao’s career spans over 40 years in international business activities in the petrochemical industry working with Mobil Oil Corporation, Hercules Inc., and Gulf Oil Chemicals. He was also the Assistant to the Chairman of China General Plastics Group in Taiwan and the Deputy Managing Director of a plastics fabrication operation in Singapore. He was a member of the Board of Directors of Titan Chemicals Corporation in Malaysia. Mr. Chao has been with Westlake Chemical Corporation in the U.S. since its inception in 1986. Mr. Chao received his B.A. from Brandeis University and MBA from Columbia University. Westlake Corporation is an international manufacturer and supplier of petrochemicals, polymers and fabricated building products, which are fundamental to various consumer and industrial markets.[2] The company was founded by Ting Tsung Chao in 1986.[3] it is the largest producer of low-density polyethylene (LDPE) in the US and ranks among the Forbes Global 2000.[4][5] Westlake Chemical operates in two segments: Olefins and Vinyls, and is also an integrated producer of vinyls, with substantial downstream integration into polyvinyl chloride (PVC) building products.[6] Facilities In 2014, Westlake made a significant expansion in their ethylene production facilities in Sulphur, Louisiana.[7] In 2014, Westlake acquired the German polyvinyl chloride manufacturer Vinnolit.[8] In 2016, Westlake acquired U.S. chlor-alkali producer Axiall Corporation for US$3.8 billion.[9] In June 2021, Westlake purchased the United States building products business of Boral for $2.2 billion.[10][11] In 2022, W. took over Hexion's epoxy division.[12] Safety Incidents In September 2021, an explosion at a Westlake ethylene plant in Sulphur, Louisiana injured 6 workers. In January 2022, an ethylene dichloride tank exploded at a Westlake facility in Westlake, Louisiana injuring 6 workers and triggering a shelter-in-place order.[13] Westlake facilities in Louisiana have had uncontrolled chemical releases including benzene, chloroform, ethylene dichloride, hydrogen chloride and vinyl chloride.[14] Westlake's operations in Calvert City, Kentucky, have faced scrutiny from regulators. In 2024, the U.S. Environmental Protection Agency (EPA) announced findings from a long-term air monitoring study in the surrounding community, and determined emissions of ethylene dichloride were driving elevated cancer risk.[15] Westlake's Calvert City operations are the main source of ethylene dichloride emissions in the area, according to the EPA.

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