SUGAR LAND--February 20, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)-- Chemical and plastic products manufacturer Westlake Chemical Corporation (NYSE:WLK) (Houston, Texas) saw record net income in fourth-quarter and full-year 2012, as lower sales prices for most of the company's major products were more than offset by a sharp reduction in feedstock and energy costs. Industrial Info is tracking $1.1 billion in active projects involving Westlake.