ubs grass roots chemical conference polyvinyl chloride pvc presented by michael powell vp & general manager north american pipe corporation westlake february 16 2005 2 agenda company overview market summary industry impacts on the corp fence window 3 sales 1 119 million of total 63 product annual capacity ethylene 400 ldpe 850 lldpe hdpe 550 styrene 450 olefins 669 37 vcm 900 chlorine 410 caustic soda fabricated products china jv 286 fab prod 79 vinyls 788 ebitda 275 net income 84 data ltm 9 30 04 profitable growth in businesses we understand globally areas can gain an edge a disciplined and opportunistic manner mission statement 4 lbs ethane propane butane polyethylene benzene power salt flows end