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9/24/2012 4:51 PM ET

Westlake Chemical Corporation (WLK: Quote) said Monday that it will perform planned maintenance and an expansion of the Petro 2 ethylene unit at its complex in Lake Charles, LA in the first quarter of 2013.

This expansion will increase ethane-based ethylene capacity by about 230 - 240 million pounds annually in support of the company's ethylene integration strategy.

The company noted that the unit is expected to be down about 50 days for the work to be completed.

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