govqq.com/post/12.html,Document

俗人子逸

于 2021-06-15 13:56:35 发布

阅读量1.4w

点赞数

文章标签： govqq.com/post/12.html

0001604665-20-000019.txt : 20200806

0001604665-20-000019.hdr.sgml : 20200806

20200806074738

ACCESSION NUMBER:0001604665-20-000019

CONFORMED SUBMISSION TYPE:8-K

PUBLIC DOCUMENT COUNT:15

CONFORMED PERIOD OF REPORT:20200806

ITEM INFORMATION:Results of Operations and Financial Condition

ITEM INFORMATION:Regulation FD Disclosure

ITEM INFORMATION:Financial Statements and Exhibits

FILED AS OF DATE:20200806

DATE AS OF CHANGE:20200806

FILER:

COMPANY DATA:

COMPANY CONFORMED NAME:Westlake Chemical Partners LP

CENTRAL INDEX KEY:0001604665

STANDARD INDUSTRIAL CLASSIFICATION:INDUSTRIAL ORGANIC CHEMICALS [2860]

IRS NUMBER:320436529

STATE OF INCORPORATION:DE

FISCAL YEAR END:1231

FILING VALUES:

FORM TYPE:8-K

SEC ACT:1934 Act

SEC FILE NUMBER:001-36567

FILM NUMBER:201079875

BUSINESS ADDRESS:

STREET 1:2801 POST OAK BOULEVARD

STREET 2:SUITE 600

CITY:HOUSTON

STATE:TX

ZIP:77056

BUSINESS PHONE:(713) 960-9111

MAIL ADDRESS:

STREET 1:2801 POST OAK BOULEVARD

STREET 2:SUITE 600

CITY:HOUSTON

STATE:TX

ZIP:77056

8-K

a200630earningsrelease.htm

8-K

Document

false00016046650001604665

2020-08-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (date of earliest event reported):August 6, 2020

Westlake Chemical Partners LP

(Exact name of registrant as specified in its charter)

Delaware001-3656732-0436529

(State or other jurisdiction

of incorporation)(Commission File Number)(I.R.S. Employer

Identification No.)

2801 Post Oak Boulevard,Suite 60077056

Houston,Texas

(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code: (713)585-2900

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Common units representing limited partnership interestsWLKPThe New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

Item 2.02. Results of Operations and Financial Condition.

OnAugust 6, 2020, Westlake Chemical Partners LP (the "Partnership") issued a press release announcing its2020second quarterresults. A copy of the press release is furnished with this Current Report as Exhibit 99.1.

The information furnished pursuant to this Current Report, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any filing by Westlake Chemical Partners LP under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, unless specifically identified as being incorporated therein.

Item 7.01. Regulation FD Disclosure.

The Partnership is holding a conference call onAugust 6, 2020to discuss its2020second quarterresults. Information about the call can be found in the press release furnished with this Current Report as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

The following exhibit is furnished herewith:

104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

WESTLAKE CHEMICAL PARTNERS LP

By: Westlake Chemical Partners GP LLC

Date:August 6, 2020By:/S/ ALBERT CHAO

Albert Chao

President and Chief Executive Officer

EX-99.1

ex991200630earningsrel.htm

EXHIBIT 99.1

Exhibit

EXHIBIT 99.1

WESTLAKE CHEMICAL PARTNERS LP

Contact—(713) 585-2900

Investors—Steve Bender

Media—L. Benjamin Ederington

Westlake Chemical Partners LP Announces Second Quarter 2020 Results

•Maintained quarterly distribution of $0.4714 per unit with a 1.13x trailing twelve-month distribution coverage

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership of $14.9 million, or $0.43 per limited partner unit, for the three months ended June 30, 2020, an increase of $1.2 million compared to second quarter 2019 net income attributable to the Partnership of $13.7 million. The increase in net income attributable to the Partnership was primarily due to higher earnings on ethylene sold to Westlake Chemical Corporation ("Westlake Chemical") from Westlake Chemical OpCo LP ("OpCo") and lower manufacturing and selling, general and administration costs, partially offset by lower ethylene production. Cash flows from operating activities in the second quarter of 2020 were $112.8 million, an increase of $12.6 million compared to second quarter 2019 cash flows from operating activities of $100.2 million. This increase in cash flows from operating activities was primarily attributable to a decrease in working capital. For the three months ended June 30, 2020, MLP distributable cash flow of $16.9 million increased by $0.5 million from second quarter 2019 MLP distributable cash flow of $16.4 million.

Second quarter 2020 net income attributable to the Partnership of $14.9 million decreased by $2.8 million from first quarter 2020 net income attributable to the Partnership of $17.7 million. The decrease in net income attributable to the Partnership was primarily due to lower ethylene production at OpCo. Second quarter 2020 cash flows from operating activities of $112.8 million increased by $1.8 million compared to first quarter 2020 cash flows from operating activities of $111.0 million. Second quarter 2020 MLP distributable cash flow of $16.9 million decreased by $1.4 million compared to first quarter 2020 MLP distributable cash flow of $18.3 million. The decrease in MLP distributable cash flow was primarily due to the lower production at OpCo, partially offset by reduced maintenance capital expenditures.

Net income attributable to the Partnership of $32.6 million, or $0.93 per limited partner unit, for the six months ended June 30, 2020 increased by $3.9 million compared to the first six months of 2019 net income attributable to the Partnership of $28.7 million. The increase in net income attributable to the Partnership as compared to the prior-year period was due to higher earnings on ethylene sold to Westlake Chemical from OpCo, lower manufacturing, selling, general and administrative expenses and interest costs, partially offset by lower ethylene production. Cash flows from operating activities in the first six months of 2020 were $223.7 million, an increase of $10.0 million compared to the first six months of 2019 cash flows from operating activities of $213.7 million. This increase was primarily due to higher earnings during the period. For the six months ended June 30, 2020, MLP distributable cash flow of $35.2 million increased by $1.2 million compared to the first six months of 2019 MLP distributable cash flow of $34.0 million. The increase in MLP distributable cash flow as compared to the prior-year period was primarily attributable to the Partnership's reduced maintenance capital expenditures, partially offset by lower production of ethylene at OpCo and increased turnaround reserves.

"Despite turbulent market conditions that have impacted the overall ethylene value chain, as well as the steep drop in oil prices, we are pleased with the Partnership's performance in the second quarter of 2020. Our long-term ethylene sales agreement with Westlake Chemical continued to deliver reliable earnings and cash flows to the Partnership," said Albert Chao, President and Chief Executive Officer. "Our first priority is to ensure the health and safety of our employees who continue to work diligently to serve our customers who produce essential products in these uncertain times. In these evolving market conditions, we have prioritized bolstering our balance sheet position, while continuing to deliver distributions to our unitholders, allowing us to maintain our financial strength and flexibility. These actions preserve the fundamental value of the Partnership and the opportunities that our four levers of growth can offer."

On July 31, 2020, the Partnership announced that the Board of Directors of Westlake Chemical Partners GP LLC had approved a quarterly distribution for the second quarter of 2020 of $0.4714 per unit to be payable on August 24, 2020 to unitholders of record as of August 10, 2020. MLP distributable cash flow provided trailing twelve-month coverage of 1.13x the declared distributions for the second quarter of 2020.

OpCo's Ethylene Sales Agreement with Westlake is designed to provide for stable and predictable cash flows. The agreement provides that 95% of OpCo's ethylene production is sold to Westlake for a cash margin of $0.10 per pound, net of operating costs, maintenance capital expenditures and reserves for future turnaround expenditures.

The statements in this release and the related teleconference relating to matters that are not historical facts, such as those with respect to levers of growth are forward-looking statements. These forward-looking statements are subject to significant risks and uncertainties. Actual results could differ materially, based on factors including, but not limited to, the COVID-19 pandemic and the response thereto; operating difficulties; the volume of ethylene that we are able to sell; the price at which we are able to sell ethylene; changes in the price and availability of feedstocks; changes in prevailing economic conditions; actions of Westlake Chemical Corporation; actions of third parties; inclement or hazardous weather conditions, including flooding, and the physical impacts of climate change; environmental hazards; changes in laws and regulations (or the interpretation thereof); inability to acquire or maintain necessary permits; inability to obtain necessary production equipment or replacement parts; technical difficulties or failures; labor disputes; difficulty collecting receivables; inability of our customers to take delivery; fires, explosions or other industrial accidents; our ability to borrow funds and access capital markets; and other risk factors. For more detailed information about the factors that could cause actual results to differ materially, please refer to the Partnership's Annual Report on Form 10-K for the year ended December 31, 2019, which was filed with the SEC in February 2020, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2020.

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of the Partnership's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership's distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Use of Non-GAAP Financial Measures

This release makes reference to certain "non-GAAP" financial measures, such as MLP distributable cash flow and EBITDA. For this purpose, a non-GAAP financial measure is generally defined by the Securities and Exchange Commission ("SEC") as a numerical measure of a registrant's historical or future financial performance, financial position or cash flows that (1) excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of income, balance sheet or statement of cash flows (or equivalent statements) of the registrant; or (2) includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. We report our financial results in accordance with U.S. generally accepted accounting principles ("U.S. GAAP"), but believe that certain non-GAAP financial measures, such as MLP distributable cash flow and EBITDA, provide useful supplemental information to investors regarding the underlying business trends and performance of our ongoing operations and are useful for period-over-period comparisons of such operations. These non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, the financial measures prepared in accordance with U.S. GAAP. We define MLP distributable cash flow as distributable cash flow less distributable cash flow attributable to Westlake's noncontrolling interest in OpCo and distributions attributable to the incentive distribution rights holder. MLP distributable cash flow does not reflect changes in working capital balances. We define EBITDA as net income before interest expense, income taxes, depreciation and amortization. MLP distributable cash flow and EBITDA are non-GAAP supplemental financial measures that management and external users of our consolidated financial statements, such as industry analysts, investors, lenders and rating agencies, may use to assess our operating performance as compared to other publicly traded partnerships, our ability to incur and service debt and fund capital expenditures and the viability of acquisitions and other capital expenditure projects and the returns on investment of various investment opportunities. Reconciliations of MLP distributable cash flow to net income and to net cash provided by operating activities and of EBITDA to net income, income from operations and net cash provided by operating activities can be found in the financial schedules at the end of this press release.

Westlake Chemical Partners LP

Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP. Westlake Chemical OpCo LP's assets consist of three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana and an ethylene pipeline. For more information about Westlake Chemical Partners LP, please visithttp://www.wlkpartners.com.

Westlake Chemical Partners LP Conference Call Information:

A conference call to discuss Westlake Chemical Partners' second quarter 2020 results will be held Thursday, August 6, 2020 at 12:00 PM Eastern Time (11:00 AM Central Time). To access the conference call, dial (855) 765-5686 or (234) 386-2848 for international callers, approximately 10 minutes prior to the scheduled start time and reference passcode 386 73 18.

A replay of the conference call will be available beginning two hours after its conclusion until 11:59 p.m. Eastern Time on Thursday, August 13, 2020. To hear a replay, dial (855) 859-2056 or (404) 537-3406 for international callers. The replay passcode is 386 73 18.

The conference call will also be available via webcast at:https://edge.media-server.com/mmc/p/98vm6ykfand the earnings release can be obtained via the Partnership web page at:http://investors.wlkpartners.com/CorporateProfile.

iii

WESTLAKE CHEMICAL PARTNERS LP ("WESTLAKE PARTNERS")

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

Three Months Ended June 30,Six Months Ended June 30,

2020201920202019

(In thousands of dollars, except per unit data)

Revenue

Net sales—Westlake Chemical Corporation ("Westlake")$227,431$230,047$442,259$487,087

Net co-product, ethylene and other sales—third parties11,06940,01546,79082,061

Total net sales238,500270,062489,049569,148

Cost of sales148,470178,104295,471386,536

Gross profit90,03091,958193,578182,612

Selling, general and administrative expenses6,1397,63912,33514,612

Income from operations83,89184,319181,243168,000

Other income (expense)

Interest expense—Westlake(3,431)(5,125)(7,381)(11,025)

Other income, net1231,1537081,968

Income before income taxes80,58380,347174,570158,943

Income tax provision206237423437

Net income80,37780,110174,147158,506

Less: Net income attributable to noncontrolling interests in Westlake Chemical OpCo LP ("OpCo")65,51766,377141,540129,818

Net income attributable to Westlake Partners$14,860$13,733$32,607$28,688

Net income per limited partners unit attributable to Westlake Partners (basic and diluted)

Common units$0.43$0.39$0.93$0.85

Distributions declared per unit$0.4714$0.4579$0.9428$0.9031

MLP distributable cash flow$16,855$16,422$35,192$33,977

Distributions declared

Limited partner units—publicly and privately held$9,933$9,646$19,867$19,025

Limited partner units—Westlake6,6576,46713,31412,754

Total distributions declared$16,590$16,113$33,181$31,779

EBITDA$109,827$112,329$233,795$223,669

WESTLAKE CHEMICAL PARTNERS LP

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

June 30,

2020December 31,

2019

(In thousands of dollars)

ASSETS

Current assets

Cash and cash equivalents$23,618$19,923

Receivable under the Investment Management Agreement—Westlake171,391162,773

Accounts receivable, net—Westlake42,35442,847

Accounts receivable, net—third parties7,0079,914

Inventories1,5292,484

Prepaid expenses and other current assets65470

Total current assets245,964238,411

Property, plant and equipment, net1,077,4991,102,995

Other assets, net45,56452,050

Total assets$1,369,027$1,393,456

LIABILITIES AND EQUITY

Current liabilities (accounts payable and accrued liabilities)$31,093$38,849

Long-term debt payable to Westlake399,674399,674

Other liabilities2,4072,798

Total liabilities433,174441,321

Common unitholders—publicly and privately held471,392471,736

Common unitholder—Westlake48,12048,350

General partner—Westlake(242,572)(242,572)

Total Westlake Partners partners' capital276,940277,514

Noncontrolling interest in OpCo658,913674,621

Total equity935,853952,135

Total liabilities and equity$1,369,027$1,393,456

WESTLAKE CHEMICAL PARTNERS LP

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Six Months Ended June 30,

20202019

(In thousands of dollars)

Cash flows from operating activities

Net income$174,147$158,506

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization51,84453,701

Other balance sheet changes(2,272)1,465

Net cash provided by operating activities223,719213,672

Cash flows from investing activities

Additions to property, plant and equipment(20,595)(25,582)

Maturities of investments with Westlake under the Investment Management Agreement181,000344,445

Investments with Westlake under the Investment Management Agreement(190,000)(336,445)

Other—46

Net cash used for investing activities(29,595)(17,536)

Cash flows from financing activities

Net proceeds from private placement of common units—62,916

Proceeds from debt payable to Westlake—123,511

Repayment of debt payable to Westlake—(201,445)

Quarterly distributions to noncontrolling interest retained in OpCo by Westlake(157,248)(153,766)

Quarterly distributions to unitholders(33,181)(29,623)

Net cash used for financing activities(190,429)(198,407)

Net increase (decrease) in cash and cash equivalents3,695(2,271)

Cash and cash equivalents at beginning of period19,92319,744

Cash and cash equivalents at end of period$23,618$17,473

WESTLAKE CHEMICAL PARTNERS LP

RECONCILIATION OF MLP DISTRIBUTABLE CASH FLOW TO NET INCOME

AND NET CASH PROVIDED BY OPERATING ACTIVITIES

(Unaudited)

Three Months Ended March 31,Three Months Ended June 30,Six Months Ended June 30,

20202020201920202019

(In thousands of dollars)

Net cash provided by operating activities$110,961$112,758$100,173$223,719$213,672

Changes in operating assets and liabilities and other(17,191)(32,381)(20,063)(49,572)(55,166)

Net Income93,77080,37780,110174,147158,506

Add:

Depreciation, amortization and disposition of property, plant and equipment26,12726,16426,90352,29154,205

Mark-to-market adjustment loss (gain) on derivative contracts(2,491)704516(1,787)(199)

Less:

Contribution to turnaround reserves(9,923)(9,884)(3,889)(19,807)(7,737)

Maintenance capital expenditures(11,121)(8,228)(11,725)(19,349)(23,045)

Distributable cash flow attributable to noncontrolling interest in OpCo(78,025)(72,278)(75,493)(150,303)(147,753)

MLP distributable cash flow$18,337$16,855$16,422$35,192$33,977

vii

WESTLAKE CHEMICAL PARTNERS LP

RECONCILIATION OF EBITDA TO NET INCOME, INCOME FROM OPERATIONS AND NET CASH

PROVIDED BY OPERATING ACTIVITIES

(Unaudited)

Three Months Ended March 31,Three Months Ended June 30,Six Months Ended June 30,

20202020201920202019

(In thousands of dollars)

Net cash provided by operating activities$110,961$112,758$100,173$223,719$213,672

Changes in operating assets and liabilities and other(17,191)(32,381)(20,063)(49,572)(55,166)

Net Income93,77080,37780,110174,147158,506

Less:

Other income, net5851231,1537081,968

Interest expense(3,950)(3,431)(5,125)(7,381)(11,025)

Income tax provision(217)(206)(237)(423)(437)

Income from operations97,35283,89184,319181,243168,000

Add:

Depreciation and amortization26,03125,81326,85751,84453,701

Other income, net5851231,1537081,968

EBITDA$123,968$109,827$112,329$233,795$223,669

viii

EX-101.SCH

wlkp-20200803.xsd

XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT

0001000 - Document - Cover Page

link:presentationLink

link:calculationLink

link:definitionLink

EX-101.CAL

wlkp-20200803_cal.xml

XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT

EX-101.DEF

wlkp-20200803_def.xml

XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT

EX-101.LAB

wlkp-20200803_lab.xml

XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT

Cover [Abstract]

Document Type

Document Period End Date

Entity Registrant Name

Entity Incorporation, State or Country Code

Entity File Number

Entity Tax Identification Number

Entity Address, Address Line One

Entity Address, Address Line Two

Entity Address, City or Town

Entity Address, State or Province

Entity Address, Postal Zip Code

City Area Code

Local Phone Number

Written Communications

Soliciting Material

Pre-commencement Tender Offer

Pre-commencement Issuer Tender Offer

Title of 12(b) Security

Trading Symbol

Security Exchange Name

Entity Emerging Growth Company

Entity Central Index Key

Amendment Flag

EX-101.PRE

wlkp-20200803_pre.xml

XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT

XML

a200630earningsrelease_htm.xml

IDEA: XBRL DOCUMENT

0001604665

2020-08-06

false

0001604665

8-K

2020-08-06

Westlake Chemical Partners LP

001-36567

32-0436529

2801 Post Oak Boulevard,

Suite 600

77056

Houston,

713

585-2900

false

Common units representing limited partnership interests

WLKP

NYSE

false

2020-08-06

XML

R1.htm

IDEA: XBRL DOCUMENT

v3.20.2

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Section 14a

-Number 240

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

EXCEL

Financial_Report.xlsx

IDEA: XBRL DOCUMENT

begin 644 Financial_Report.xlsx

M4$L#!!0 ( /(]!E$'04UB@0 +$ 0 9&]C4')OQLOD&1#LD)^OCG!CVX>;QA&WPIG

M*N*I#BV&5(_C(I(/ !47BK9.7:=N')=HI6-Y #OGDK7A.YNJQJ=0U[R;UEA_6\#MI7E!+ P04

M " #R/09124ML7.\ K @ $0 &1O8U!R;W!S+V-O&ULS9)1

M2\,P$,>_BN2]O;0=FX2N+XI/"H(#Q;>0W+9@TX3DI-VW-XU;A^@'\#%W__SN

M=W"M\D*Y@,_!>0QD,-Y,MA^B4'[+CD1> $1U1"MCF1)#:NY=L)+2,QS 2_4A

M#P@UYVNP2%)+DC #"[\06==J)51 22Z/\9^@S3"K!'BP-%J,H*6#=/

M]*>I;^$*F&&$P/6W:9_-K\>6%?SFA?\MN#K'=^(U48TJ_?9]8??5=@Z;?;F

M'QM?!+L6?MU%]P502P,$% @ \CT&49E&UL[5I;V23;J;/ 0LZ?O.14?GZ#AY\^XN8NB&B)3R

M>+]O6N[!3+

MUES@6QHO(];JM-O=5H1I;*$81V1@?5XL:$#05%%:;U\@M.4?,_@5RU2-9:,!

M$U=!)KF(M/+Y;,7\VMX^9A(5M>5 TR

M6'!VULS2 Y9>*?IUE!K9';O=05SP6.XYB1'^QL4$UFG2&98T1G*=D 4. #?$

MT4Q0?*]!MHK@PI+27)#6SRFU4!H(FLB!]4>"(<7K;YH]

M5Z%82=J$^!!&&N*

M-AIRM1:!MG&IA&!:$L;1>$[2M!'\6:PUDSY@R.S-D77.UI$.$9)>-T(^8LZ+

MD!&_'H8X2IKMHG%8!/V>7L-)P>B"RV;]N'Z&U3-L+([W1]072N0/)JG@*-Y;&O%"N@GL!_]':-\*K^(+

M.7\N?AD6R4)RU3393>*

M$IY"&V[I4_5*E=?EK[DHN#Q;Y.FOH70^+,_Y/%_GM,T+,T.WF)&Y

M"M-2D&_#^>G%>!KB.=D$N7V85VWGV-'1^^?!4;"C[SR6'<>(\J(A[J&&F,_#

M0X=Y>U^89Y7&4#04;6RL)"Q&MV"XU_$L%.!D8"V@!X.O40+R4E5@,5O& RN0

MHGQ,C$7H77%_CT9+CVZ9EM6ZO*7<9;2)2.9;'!51W/55OR

ML+YJ/;053L_^6:W(GPP13A8+$DACE!>F2J+S&5.^YRM)Q%4XOT4SMA*7&+SC

MYL=Q3E.X$G:V#P(RN;LYJ7IE,6>F\M\M# DL6XA9$N)-7>W5YYNTB42%(JP# 4A

M%W+C[^^3:G>,U_HL@6V$5#)DU1?*0XG!/3-R0]A4)?.NVB8+A=OB5,V[&KXF

M8$O#>FZ=+2?_VU[4/;07/4;SHYG@'K.'MYA,L0Z1^P7V*BH 1JV*^NJ]/^26,?-2K6J5D*Q$_

M2P=\'Y(&8XQ;]#1?CQ1BK::QK,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04

M" #R/091C,MV65_0L-5.Q-B6X A.X090I)N)MF$";3IQ_1"V (TL26O)(?P

M[WMDB$U;%&Z5>SYMR2]S21YK*UMC;[['DF6O.4F7.5

M<0E/EDJGS$)5KSR3::5*+%(NC5"2:+Z\;(V#SU>T

MYP**-WX5?&,.RL0U9:'4JZO]QUQ$- +CP30?0 MN'*BBOF66CH58;HMW;H.8*

M15.+:( 3THW*S&IX*B#.CB;JC6LRA0$8>A;TW%TOVL=>[6+ID=AQOCHG?GA&

MJ$_]?X9[@%&RT)*%%GH=E.7/\JC@C;3"

M;LDS7PG7Z^1)UHXBKD@'?D"FRECRQ%[)E!F7PSA&+9:QU%P@7[0P4"J-2+ S?U!%8:^5A*SM@:1WJ#7IA=XME>K08 [

M]HL6UG()'9.FN=P;FZFEPH66+#$<0ZKL/\"]>Z82$0DKY(I\A?36@B6U/+A*

M(T]E_P'NUE/-VQ%T#X?YM=L!<1G#]NIIN3PR?KA>(UGE_ %NU/\ANS,F![)&

M0%RV"9!69D]Q9YX+"XNX6I* _KCXBN8&I1C!MA[WZH\.)#?OT9K)%3^ZR6P0>OQ]AFW5:&7[]"3;OTFY7KD^^AD4

M[-K92<9D_4#C@HW)5[D^Q4U[CS:!/-'@NG

QA9

MM0Q0W,'',%GC8L+>)FQ5RX,+'.TD[^#\ZOX+^,K=]T-6[X_6N

M8E56'&D7RL(!N2BN.0/W&ULU57;BM1 $/V5IC_ GD1V

M04D"*BP(*@L[#[YVDDK2T#J3YV^3M;C).&I

M T R*JG[G':(]BUC?=6!XOTK8T'[3&.5&;0F-,39476&+TSKVDD?"E70"Y.;E,;5X+8V"5VI(I/0!#M.M%WXHK$L

M)!&-\D$M>&LTGSVL(Y; RU8@Y5/8PJ_-E?;8D+@7'^NP#21,=0V]H26,,A$$

M_:-:U#[(WOV1++'B8O#]X&>C9_QM, B/#AHQSGALMOZWU)/;ZMQ:.;V3HM4*

MXMQ_N6&1\74PQ6]NJ ;2\)#F-,OX7V5NP=2#D*BT OJ1%V#

M?G%/O3SRTC_@5_J^OH:Q+/6S*G>_P9:C&H-UO58UB7I6J//X7W*+F?&^[_

M$L4/4$L#!!0 ( /(]!E&7BKL

-8?20$3;8T.P6BP^0"X9

M9K>]9!:G%

MC:^?VZH:TE[VE-S9NMQ=%A?BTX'HE'QY%V)N:I%FGJ:QJ,';>$X1+_)UW,#ECQ ,Z

ME._CR#+@^H%7I")\!K*_#,U#88CIV,IDAO8O0]

MC.=0XIS_4R-5%1:PIJ+U$&3HD2BBTGW='K3.\?)H]:1NO<2KGW\$JV

M''..?[3\ 5!+ P04 " #R/091)!Z;HJT #X 0 &@ 'AL+U]R96QS

M+W=O[IFBG#S^0W1UW6E\./VR./ /,+Q=Z*E%

M9"E*%1KD3,)HMC;!4N++3):BJ#(9BBJ61,)KM\,9(9 0 SP, !, !;0V]N

M=&5N=%]4>7!E&ULK9--3L,P$(6O$F5;)2XL6*"F&V +77 !8T\:J_Z3

M9UK2VS-.VDJ@$A6%3:QXWKS/GI>LWH\1L.B=]=B4'5%\% )5!TYB'2)XKK0A

M.4G\FK8B2K636Q#WR^6#4,$3>*HH>Y3KU3.T.EY&TWP39G 8ED\CL?E.I$J+EST&!G(BY84(JKA%SY'7#J>SM 2D9#L9&)7J5C

ME>BM0#I:P'K:XLH90]L:!3JHO>.6&F,"J;$#(&?KT70Q32:>,(S/N]G\P68*

MR,I-"A$YL01_QYTCR=U59"-(9*:O>"&R]>S[04Y;@[Z1S>/]#&DWY(%B6.;/

M^'O&%_\;SO$1PNZ_/[&\UDX:?^:+X3]>?P%02P$"% ,4 " #R/091!T%-

M8H$ "Q $ @ $ 9&]C4')O&UL4$L! A0#%

M @ \CT&48S+=EE7! \! !@ ("!#@@ 'AL+W=O&UL4$L! A0#% @ \CT&

M49>*NQS $P( L ( !F@X %]R96QS+RYR96QS4$L!

M A0#% @ \CT&41E%%?4W 0 )P( \ ( !@P\ 'AL

M+W=O<0 !X;"]?7!E&UL4$L%!@ ) D /@( !83 $!

end

XML

Show.js

IDEA: XBRL DOCUMENT

// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.

var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);

e.removeAttribute('id');a.parentNode.appendChild(e)}}

if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}

e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}

XML

report.css

IDEA: XBRL DOCUMENT

/* Updated 2009-11-04 */

/* v2.2.0.24 */

/* DefRef Styles */

..report table.authRefData{

background-color: #def;

border: 2px solid #2F4497;

font-size: 1em;

position: absolute;

}

..report table.authRefData a {

display: block;

font-weight: bold;

}

..report table.authRefData p {

margin-top: 0px;

}

..report table.authRefData .hide {

background-color: #2F4497;

padding: 1px 3px 0px 0px;

text-align: right;

}

..report table.authRefData .hide a:hover {

background-color: #2F4497;

}

..report table.authRefData .body {

height: 150px;

overflow: auto;

width: 400px;

}

..report table.authRefData table{

font-size: 1em;

}

/* Report Styles */

..pl a, .pl a:visited {

color: black;

text-decoration: none;

}

/* table */

..report {

background-color: white;

border: 2px solid #acf;

clear: both;

color: black;

font: normal 8pt Helvetica, Arial, san-serif;

margin-bottom: 2em;

}

..report hr {

border: 1px solid #acf;

}

/* Top labels */

..report th {

background-color: #acf;

color: black;

font-weight: bold;

text-align: center;

}

..report th.void{

background-color: transparent;

color: #000000;

font: bold 10pt Helvetica, Arial, san-serif;

text-align: left;

}

..report .pl {

text-align: left;

vertical-align: top;

white-space: normal;

width: 200px;

white-space: normal; /* word-wrap: break-word; */

}

..report td.pl a.a {

cursor: pointer;

display: block;

width: 200px;

overflow: hidden;

}

..report td.pl div.a {

width: 200px;

}

..report td.pl a:hover {

background-color: #ffc;

}

/* Header rows... */

..report tr.rh {

background-color: #acf;

color: black;

font-weight: bold;

}

/* Calendars... */

..report .rc {

background-color: #f0f0f0;

}

/* Even rows... */

..report .re, .report .reu {

background-color: #def;

}

..report .reu td {

border-bottom: 1px solid black;

}

/* Odd rows... */

..report .ro, .report .rou {

background-color: white;

}

..report .rou td {

border-bottom: 1px solid black;

}

..report .rou table td, .report .reu table td {

border-bottom: 0px solid black;

}

/* styles for footnote marker */

..report .fn {

white-space: nowrap;

}

/* styles for numeric types */

..report .num, .report .nump {

text-align: right;

white-space: nowrap;

}

..report .nump {

padding-left: 2em;

}

..report .nump {

padding: 0px 0.4em 0px 2em;

}

/* styles for text types */

..report .text {

text-align: left;

white-space: normal;

}

..report .text .big {

margin-bottom: 1em;

width: 17em;

}

..report .text .more {

display: none;

}

..report .text .note {

font-style: italic;

font-weight: bold;

}

..report .text .small {

width: 10em;

}

..report sup {

font-style: italic;

}

..report .outerFootnotes {

font-size: 1em;

}

XML

FilingSummary.xml

IDEA: XBRL DOCUMENT

3.20.2

html

false

R1.htm

0001000 - Document - Cover Page

Sheet

http://www.westlake.com/role/CoverPage

Cover Page

Cover

false

All Reports

Book

All Reports

a200630earningsrelease.htm

ex991200630earningsrel.htm

wlkp-20200803.xsd

wlkp-20200803_cal.xml

wlkp-20200803_def.xml

wlkp-20200803_lab.xml

wlkp-20200803_pre.xml

http://xbrl.sec.gov/dei/2019-01-31

true

JSON

MetaLinks.json

IDEA: XBRL DOCUMENT

{

"instance": {

"a200630earningsrelease.htm": {

"axisCustom": 0,

"axisStandard": 0,

"contextCount": 1,

"dts": {

"calculationLink": {

"local": [

"wlkp-20200803_cal.xml"

]

"definitionLink": {

"local": [

"wlkp-20200803_def.xml"

"remote": [

"http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml",

"http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml"

]

"inline": {

"local": [

"a200630earningsrelease.htm"

]

"labelLink": {

"local": [

"wlkp-20200803_lab.xml"

"remote": [

"https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml"

]

"presentationLink": {

"local": [

"wlkp-20200803_pre.xml"

]

"referenceLink": {

"remote": [

"https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml"

]

"schema": {

"local": [

"wlkp-20200803.xsd"

"remote": [

"http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd",

"http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",

"http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",

"http://www.xbrl.org/2003/xl-2003-12-31.xsd",

"http://www.xbrl.org/2003/xlink-2003-12-31.xsd",

"http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",

"http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",

"http://www.xbrl.org/2006/ref-2006-02-27.xsd",

"http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd",

"http://www.xbrl.org/2005/xbrldt-2005.xsd",

"http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd",

"http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd",

"http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd",

"https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd",

"http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd",

"http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd",

"http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",

"http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",

"https://xbrl.sec.gov/currency/2019/currency-2019-01-31.xsd",

"https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd",

"https://xbrl.sec.gov/exch/2019/exch-2019-01-31.xsd",

"http://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd",

"http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd",

"https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd",

"http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"

]

}

"elementCount": 24,

"entityCount": 1,

"hidden": {

"http://xbrl.sec.gov/dei/2019-01-31": 2,

"total": 2

"keyCustom": 0,

"keyStandard": 95,

"memberCustom": 0,

"memberStandard": 0,

"nsprefix": "wlkp",

"nsuri": "http://www.westlake.com/20200803",

"report": {

"R1": {

"firstAnchor": {

"ancestors": [

"span",

"div",

"body",

"html"

"baseRef": "a200630earningsrelease.htm",

"contextRef": "D2020Q3Aug6",

"decimals": null,

"first": true,

"lang": "en-US",

"name": "dei:DocumentType",

"reportCount": 1,

"unique": true,

"unitRef": null,

"xsiNil": "false"

"groupType": "document",

"isDefault": "true",

"longName": "0001000 - Document - Cover Page",

"role": "http://www.westlake.com/role/CoverPage",

"shortName": "Cover Page",

"subGroupType": "",

"uniqueAnchor": {

"ancestors": [

"span",

"div",

"body",

"html"

"baseRef": "a200630earningsrelease.htm",

"contextRef": "D2020Q3Aug6",

"decimals": null,

"first": true,

"lang": "en-US",

"name": "dei:DocumentType",

"reportCount": 1,

"unique": true,

"unitRef": null,

"xsiNil": "false"

}

"segmentCount": 0,

"tag": {

"dei_AmendmentFlag": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",

"label": "Amendment Flag",

"terseLabel": "Amendment Flag"

}

"localname": "AmendmentFlag",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "booleanItemType"

"dei_CityAreaCode": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Area code of city",

"label": "City Area Code",

"terseLabel": "City Area Code"

}

"localname": "CityAreaCode",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "normalizedStringItemType"

"dei_CoverAbstract": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Cover page.",

"label": "Cover [Abstract]"

}

"localname": "CoverAbstract",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"xbrltype": "stringItemType"

"dei_DocumentPeriodEndDate": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.",

"label": "Document Period End Date",

"terseLabel": "Document Period End Date"

}

"localname": "DocumentPeriodEndDate",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "dateItemType"

"dei_DocumentType": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",

"label": "Document Type",

"terseLabel": "Document Type"

}

"localname": "DocumentType",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "submissionTypeItemType"

"dei_EntityAddressAddressLine1": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Address Line 1 such as Attn, Building Name, Street Name",

"label": "Entity Address, Address Line One",

"terseLabel": "Entity Address, Address Line One"

}

"localname": "EntityAddressAddressLine1",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "normalizedStringItemType"

"dei_EntityAddressAddressLine2": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Address Line 2 such as Street or Suite number",

"label": "Entity Address, Address Line Two",

"terseLabel": "Entity Address, Address Line Two"

}

"localname": "EntityAddressAddressLine2",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "normalizedStringItemType"

"dei_EntityAddressCityOrTown": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Name of the City or Town",

"label": "Entity Address, City or Town",

"terseLabel": "Entity Address, City or Town"

}

"localname": "EntityAddressCityOrTown",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "normalizedStringItemType"

"dei_EntityAddressPostalZipCode": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Code for the postal or zip code",

"label": "Entity Address, Postal Zip Code",

"terseLabel": "Entity Address, Postal Zip Code"

}

"localname": "EntityAddressPostalZipCode",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "normalizedStringItemType"

"dei_EntityAddressStateOrProvince": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Name of the state or province.",

"label": "Entity Address, State or Province",

"terseLabel": "Entity Address, State or Province"

}

"localname": "EntityAddressStateOrProvince",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "stateOrProvinceItemType"

"dei_EntityCentralIndexKey": {

"auth_ref": [

"r5"

"lang": {

"en-US": {

"role": {

"documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",

"label": "Entity Central Index Key",

"terseLabel": "Entity Central Index Key"

}

"localname": "EntityCentralIndexKey",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "centralIndexKeyItemType"

"dei_EntityEmergingGrowthCompany": {

"auth_ref": [

"r5"

"lang": {

"en-US": {

"role": {

"documentation": "Indicate if registrant meets the emerging growth company criteria.",

"label": "Entity Emerging Growth Company",

"terseLabel": "Entity Emerging Growth Company"

}

"localname": "EntityEmergingGrowthCompany",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "booleanItemType"

"dei_EntityFileNumber": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",

"label": "Entity File Number",

"terseLabel": "Entity File Number"

}

"localname": "EntityFileNumber",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "fileNumberItemType"

"dei_EntityIncorporationStateCountryCode": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Two-character EDGAR code representing the state or country of incorporation.",

"label": "Entity Incorporation, State or Country Code",

"terseLabel": "Entity Incorporation, State or Country Code"

}

"localname": "EntityIncorporationStateCountryCode",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "edgarStateCountryItemType"

"dei_EntityRegistrantName": {

"auth_ref": [

"r5"

"lang": {

"en-US": {

"role": {

"documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",

"label": "Entity Registrant Name",

"terseLabel": "Entity Registrant Name"

}

"localname": "EntityRegistrantName",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "normalizedStringItemType"

"dei_EntityTaxIdentificationNumber": {

"auth_ref": [

"r5"

"lang": {

"en-US": {

"role": {

"documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",

"label": "Entity Tax Identification Number",

"terseLabel": "Entity Tax Identification Number"

}

"localname": "EntityTaxIdentificationNumber",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "employerIdItemType"

"dei_LocalPhoneNumber": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Local phone number for entity.",

"label": "Local Phone Number",

"terseLabel": "Local Phone Number"

}

"localname": "LocalPhoneNumber",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "normalizedStringItemType"

"dei_PreCommencementIssuerTenderOffer": {

"auth_ref": [

"r2"

"lang": {

"en-US": {

"role": {

"documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",

"label": "Pre-commencement Issuer Tender Offer",

"terseLabel": "Pre-commencement Issuer Tender Offer"

}

"localname": "PreCommencementIssuerTenderOffer",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "booleanItemType"

"dei_PreCommencementTenderOffer": {

"auth_ref": [

"r3"

"lang": {

"en-US": {

"role": {

"label": "Pre-commencement Tender Offer",

"terseLabel": "Pre-commencement Tender Offer"

}

"localname": "PreCommencementTenderOffer",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "booleanItemType"

"dei_Security12bTitle": {

"auth_ref": [

"r0"

"lang": {

"en-US": {

"role": {

"documentation": "Title of a 12(b) registered security.",

"label": "Title of 12(b) Security",

"terseLabel": "Title of 12(b) Security"

}

"localname": "Security12bTitle",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "securityTitleItemType"

"dei_SecurityExchangeName": {

"auth_ref": [

"r1"

"lang": {

"en-US": {

"role": {

"documentation": "Name of the Exchange on which a security is registered.",

"label": "Security Exchange Name",

"terseLabel": "Security Exchange Name"

}

"localname": "SecurityExchangeName",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "edgarExchangeCodeItemType"

"dei_SolicitingMaterial": {

"auth_ref": [

"r4"

"lang": {

"en-US": {

"role": {

"documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",

"label": "Soliciting Material",

"terseLabel": "Soliciting Material"

}

"localname": "SolicitingMaterial",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "booleanItemType"

"dei_TradingSymbol": {

"auth_ref": [],

"lang": {

"en-US": {

"role": {

"documentation": "Trading symbol of an instrument as listed on an exchange.",

"label": "Trading Symbol",

"terseLabel": "Trading Symbol"

}

"localname": "TradingSymbol",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "tradingSymbolItemType"

"dei_WrittenCommunications": {

"auth_ref": [

"r6"

"lang": {

"en-US": {

"role": {

"documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",

"label": "Written Communications",

"terseLabel": "Written Communications"

}

"localname": "WrittenCommunications",

"nsuri": "http://xbrl.sec.gov/dei/2019-01-31",

"presentation": [

"http://www.westlake.com/role/CoverPage"

"xbrltype": "booleanItemType"

}

"unitCount": 0

}

"std_ref": {

"r0": {

"Name": "Exchange Act",

"Number": "240",

"Publisher": "SEC",

"Section": "12",

"Subsection": "b"

"r1": {

"Name": "Exchange Act",

"Number": "240",

"Publisher": "SEC",

"Section": "12",

"Subsection": "d1-1"

"r2": {

"Name": "Exchange Act",

"Number": "240",

"Publisher": "SEC",

"Section": "13e",

"Subsection": "4c"

"r3": {

"Name": "Exchange Act",

"Number": "240",

"Publisher": "SEC",

"Section": "14d",

"Subsection": "2b"

"r4": {

"Name": "Exchange Act",

"Number": "240",

"Publisher": "SEC",

"Section": "14a",

"Subsection": "12"

"r5": {

"Name": "Regulation 12B",

"Number": "240",

"Publisher": "SEC",

"Section": "12",

"Subsection": "b-2"

"r6": {

"Name": "Securities Act",

"Number": "230",

"Publisher": "SEC",

"Section": "425"

}

"version": "2.1"

}

ZIP

0001604665-20-000019-xbrl.zip

IDEA: XBRL DOCUMENT

begin 644 0001604665-20-000019-xbrl.zip

M4$L#!!0 ( /(]!E%Y=411;?#\7Q%L7'K&LRB?;+Z7_T^W^.+C\B)PWF,YR4R,ZQ7^(0

MW47E%'T)$53?)TAKZD^=?HUN_WJT[94%$-7;'5D2C"3\.41ZX^,C5/5U1'

M= 77?'&),"7OC[1-&4R60ZVGCVH9Y\7@&-!I(@FCV!;$OB\MA)D4_2DJ<

MXZ)D#]%HP.A^%W_-VOA"N]C_BD^"=#8@5 J&(*]PGF3]:)QN3E24LT$-9$Q"

M($57MX+=+0KZ11FNNMV/\_BDP,')37H[J(&DF_B@6YGE'?UJZ/(_& /]+ 5@X 8^^PU 0"C>5".8W9[ F%TN)G[.;L#@3 ZY'-V\WS.

M8C_AE!_''7P$Z/(_@X] 9.5&3)B-U"7;?H$.Q5LVXK4[?H

ML#1+\QY%/F=1FRT8),V+OI\'>1ICAB0W@(RN81!D*6?6"L;1FF+,T+2EU@"0

MC>:-[V!S+.G*SB+,3CJEI)& V;W

M+,E0O.;!3&TOU['@-%&;0_CA),LK\U>CR\6'(!

M-G3,L>\$Q*(AY%DB F%TX.5ES%2,^(5.I\&6;XC;Q@P'5X=T8Y95FO+(F#*I

M(,/PL\,Q2[+ *?.C"FY(P[D#QLAD; ^[L+&F-IKSP%R!,_>9I$8%TT+:=+ Y%

MR7S&MI]AF0](B#: %CB/@F6'>["H7_GU)P)]&),_S&,VXG)^?6/,<2-CEO\@

M!9ONY&O=@%'5(6%/=\[5;,'2PX"#+0!8S7E:RY2\2=:?!YV%"PIFF.P7N#E3D(23B..@UG!FX,CIQ&J\R@2V9RW\?#?DUDHK('L)

M)M.88[1K(#N&RO@Q5,;JLLQ^N7K8:, .+#AIYQ+"80JSQ+1D"KO,5$'"*&?8

M^75/ F<9MR*=3#CVC8 X25NWC6NV8+E>CBWHJ&!V4+>",SH3K*(.#0*U*_TD

MP ]=65H6TVY71EIP3"1?KBL@2T Y1IMILY,TV&L'SO7LG*H0)^Y?@3J"\ZT5

M<791(,'E-GY DPVMWJ+4+/;'"2_KH"!6!LA9XI+%AV7(U!E/L>WBNMZ]I?;'

MSVU 9KALU(A$M7Q,%__8W".&O=/J)?O8)1[ _?8O/EVW?W'K-8RD:EVM8255U,UT!\KL

MM>(%2.S :(H#7L9%0*Q52@->F @0II-C.(#*NS&3#+(CT!4]L7>:HR0H_7L.

MZ13&Z)1EG.(0 #ILY-;B!5NYHWN(J'#04O!ESW4A;5#F?E),TGQ&:Z%D'+4O

M&"TT$HZCJYISLK;.??A&M"=N8,TV2=M0EOJ2UHAMN4E"!6.I ,\W8Z9C)AMV

M' (!PMBZB_P;WJ8&0%CBXG.*IP!@,Y[+< :CRX@7'RPAK.PPP)SPBD Z_!LF

M@GJ11@FGF,]NQ_(-'&O K'87K+(U56QVP9J8N>Y(G(U4%++B'[JT(3L]J=H6&=-A%T/N8_9BD6C]S\_-@H].;Y).3Z.@CC!>A#S#D=40*:)XY3_

MJK-$['I#5[6!G;'>8)X)H["NQ(R[@]=LP9)3?+-E1[>.4F^:6T&85]IAN48R

M7%BVL:M'5P<5L'?VR]].I]@/X???3F>X]!%IW2?;+Y BD)7O _1F%(4[HGP#_5&5E%>;WY24)9QUR!.V_96M^ ^X@\6=D1!P-+< \

M)-A[L7_30Q&LC.@DF*_:%71+,L)LL]:(]1

M3=>5$DW=4>*LFF/*.?+'\!DPS?#>)Z>G?J4A<5(![&0Q)$AFIIJB_9(=17#', 5\9W23# ),#K^])O-R';W-0DB$D

M2C,_7S21,?9&G_2@'^\J1,9I',(0?WPZOW8=='5M7;M7;;JZ*-C$^"F0NW+M

M/R[/K\_=*V1]=/!\)8VAMCB8WQ%[^8PLJ6

M:?(..2?V"9($53%WQ[(I&2I3,IY&AG?%2=N&T\'6WOM\^3M:(EG];+LI8A]"

MT1 $119DK&DKGV**AFH8INJ(MJRZEF1JNJ7JEJ8H$+DXAMYT9,M(HA%W,#P?

M@YY.W(W^;ROV/O19:X*^C3_H)Q(J96^U%&:8Y$]4WX%J63EV8$RRDFZ,ZA

M=03AM@OYB9_<8&0%)6"+1%-67CSK23Q#D+W$69J7Z$U8?\8^!#.X*!&^)NHBFBYVBJ

M)2B&+Z+ C]$%9!X)S@OT\>)@

M/I0W^QYR\@1RP4#HC7L/ZT.Y3XQ-ON(Z\@M49#@@B5Z(H@1%98' K(+MR=^^

M;FG?[-]HO40XQI-R*"PQCA*2]-+/S>$28HSBML%Y13^!#K&:0Y);#](X]C/"CQ2Q94A^Y"OHTO33*63E'^^7C1["1#Y(EKZY&P.E6YR71%EKJH#1[UL+

M1=QT9)53&&J29S>U:6Z0UB8*@C>A[X?7T2E

MM8BZMBX[BJZ/'%50'5LW7==0S9'D698\TCUG4T2]*,8P[ACG':Y=(#5_3=7T

MH[P=Y4V4U_(&%M&U1X9B2*ZHNK(Q4B1/ETS-]21)U QO4]ZN_?OSNFY=/?FT

M5?ADJ0\3:ZID[BY]+\ES,29>K\/>13-F38@Q!424U.&0:@$]%(3^#5EY$4:T

MEL"-T5X.^A $1TWW^?9H9)[7R!QFK4$N[70VBPIRPPHBW@=5%N"XOC^7=3H_

MN3RY.D'N+(O3!Q,UP55.V02^'.LD-E8(0>2\Y$EJ9JN6H9FPNHHEF?*AJ,ZJB5Q5\B&

M/S_GU^E=TK$\_TKG!3G^\K)-P\M9&%%9>UA7&@F:X5BVHZF*.QHY^LC67-T:

M::9FN/R%H3G^Y_PB3V\C^MS=XVO*U_C>+U[VVOWH9OU[TO=BK>/!Z@RUBI#M

MU"P'[8@R/T;X'@?S,KHENZR0RN'B6'?%N(A>K/[D5!)%=8QCV1!R -Q

MJ2.,U-'(,@15-G55A 3)-@W);;I6$N98,..6.'23 6WJ=%$^W"%0#@??MH5_

M%YZLSX6)@N3!UYHHV:JJJ8ZAB8K@VI#->Y:IVZV=[(\IJ,\%69ZM.S7;^*(:

M:E\R2>[XQ,SYP4Z!'0 #>XJ#KX@9YC!.COQDL81-TA@F)_U((!J1+8%B^)CS0^:^;#&/YY4>5YZ5MI9G

M-7Z9U53V*;/.(%"(\5,[:TKH[AIF@>;$Z(\D(DX)_7[%Z;K%%AMK_R1:GNQ:

M(]TP9%NU/4-))%DX@8;

俗人子逸

关注

0
点赞
踩
0

收藏

觉得还不错? 一键收藏
0
评论
govqq.com/post/12.html,Document

0001604665-20-000019.txt : 202008060001604665-20-000019.hdr.sgml : 2020080620200806074738ACCESSION NUMBER:0001604665-20-000019CONFORMED SUBMISSION TYPE:8-KPUBLIC DOCUMENT COUNT:15CONFORMED PERIOD OF R...
复制链接

扫一扫