Westlake Chemical Partners LP Announces Third Quarter 2026 Distribution

(NYSE:WLKP) Westlake Chemical Partners LP announced that its Board of Directors has declared a distribution of $0.4714 per unit. This marks the 49th quarterly distribution since the Partnership's initial public offering. The distribution will be payable on December 1, 2026, to unit holders of record as of November 13, 2026. The release is intended as a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees are instructed to treat 100.0% of the Partnership’s distributions to non-U.S. investors as attributable to income effectively connected with a United States trade or business. As a result, these distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. Westlake Chemical Partners LP is a limited partnership formed by Westlake Corporation to operate, acquire, and develop ethylene production facilities and other qualified assets. The Partnership is headquartered in Houston, United States. The Partnership owns a 22.8% interest in Westlake Chemical OpCo LP. Westlake Chemical OpCo LP’s assets include three facilities located in Calvert City, Kentucky, and Lake Charles, Louisiana, which process ethane and propane into ethylene, as well as an ethylene pipeline.