Westlake Unit Expands India Distribution Partnership With Brenntag
Westlake Corporation WLK recently announced the expansion of its Westlake Epoxy distribution partnership with Brenntag into India, strengthening its footprint in the high-growth Asia-Pacific region. The expanded agreement covers South and West India, where Brenntag will distribute Westlake’s comprehensive epoxy portfolio, including the EPON, EPIKOTE, EPIKURE and EPI-REZ product lines, serving applications across coatings, adhesives, sealants, composites and construction.
The partnership is designed to improve product availability, supply chain efficiency and localized technical support, enabling customers to access tailored formulation expertise aligned with evolving regulatory and performance requirements.
The company emphasized tapping into Brenntag’s well-established regional infrastructure, deep customer network and technical application expertise. Westlake is well-positioned to capture opportunities arising from India’s expanding infrastructure development, rapid urbanization and rising industrial activity, supporting its long-term growth ambitions in the market.
Shares of WLK are down 17% over the past year against the industry's 4.2% rise.
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WLK’s Zacks Rank & Key Picks
WLK currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the Consumer Discretionary space are Betterware de Mexico SAPI de CV (BWMX), Central Garden and Pet Company (CENTA) and Interparfums, Inc. (IPAR).
At present, BWMX sports a Zacks Rank of #1 (Strong Buy), while CENTA and IPAR carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for BWMX’s current-year earnings stands at $1.71 per share, implying a 4.5% year-over-year decrease. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed once, with the average earnings surprise being 0.35%.
The Zacks Consensus Estimate for CENTA’s current-year earnings is pegged at $2.83 per share, indicating a rise of 4%. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise being 43.24%.
The Zacks Consensus Estimate for IPAR’s current fiscal-year earnings is pinned at $5.14 per share, indicating a 1% year-over-year decline. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with the average surprise being 5.03%.
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Westlake Corporation (WLK): Free Stock Analysis Report
Interparfums, Inc. (IPAR): Free Stock Analysis Report
Central Garden & Pet Company (CENTA): Free Stock Analysis Report
Betterware de Mexico SAPI de C (BWMX): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
