Westlake(WLK) ZACKS·2024-12-18 15:35Product Launch - Westlake Corporation's unit, Westlake Royal Building Products, has launched Dryroll, a universal ridge vent and weather block designed to optimize roof protection and attic ventilation by exhausting heat and moisture from the roof [1] - Dryroll features rollable installation, blending smoothly with the roof and reducing unappealing field vents and roof penetrations, with aluminum sides that conform seamlessly to the roof [2] - The product offers superior airflow with 15.6 square inches of ventilation per linear foot, outperforming many other ridge vent options [2] Product Specifications - Dryroll is easy to handle and transport, available in two lightweight roll options: 11.6" wide at 3.7 pounds and 14.4" wide at 4.6 pounds, meeting IAPMO ER-2015 design specifications [3] - It is specifically designed for use with Newpoint Concrete Roof Tile and is a key component of the Westlake Royal Cool Roof System, enhancing ventilation and energy efficiency [4] - The Westlake Royal Cool Roof System can enable homes to achieve up to 22% in energy savings annually [4] Market Context - In the third-quarter call, Westlake Corporation noted a disparity in the recovery rate from the recent decline in global manufacturing and industrial activity, but expects macroeconomic recovery to potentially accelerate due to fiscal and monetary support [5] - The company plans to focus on developing and launching innovative products to meet consumer demands, enhance plant profitability, and generate long-term shareholder value [5]