Westlake wins dismissal in two Netherlands ethylene antitrust suits; €1.025B claim dismissed

Westlake announced the District Court of Amsterdam dismissed two plaintiffs' claims, including a €1,025 million damages claim, in the Ethylene Antitrust Litigation.Key Highlights:Original SEC Filing: WESTLAKE CORP [ WLK ] - 8-K - Jul. 29, 2026This is an AI-powered summary. It may contain inaccuraci…

Westlake announced the District Court of Amsterdam dismissed two plaintiffs' claims, including a €1,025 million damages claim, in the Ethylene Antitrust Litigation.

Key Highlights:

District Court of Amsterdam dismissed SCE's March 2023 claim against Westlake and others seeking ~€1,025 million plus interest.
Court also dismissed Stichting Ethylene Claims' November 2023 lawsuit seeking a declaratory judgment of liability.
Both dismissals are subject to appeal by the plaintiffs, so outcomes may change on appeal.
Twelve other lawsuits in the broader Ethylene Antitrust Litigation remain pending at first-instance courts.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.