0001140361-14-029671.txt : 20140729 0001140361-14-029671.hdr.sgml : 20140729 20140729134536 ACCESSION NUMBER: 0001140361-14-029671 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140729 FILED AS OF DATE: 20140729 DATE AS OF CHANGE: 20140729 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Westlake Chemical Partners LP CENTRAL INDEX KEY: 0001604665 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 320436529 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BOULEVARD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: (713) 960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BOULEVARD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TTWFGP LLC CENTRAL INDEX KEY: 0001299599 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36567 FILM NUMBER: 14999232 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD, SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713.960.9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD, SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TTWF LP CENTRAL INDEX KEY: 0001299601 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36567 FILM NUMBER: 14999233 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD, SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713.960.9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD, SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WESTLAKE OLEFINS CORP CENTRAL INDEX KEY: 0001262842 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36567 FILM NUMBER: 14999234 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WESTLAKE POLYMERS LLC CENTRAL INDEX KEY: 0001262845 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36567 FILM NUMBER: 14999236 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER NAME: FORMER CONFORMED NAME: WESTLAKE POLYMERS LP DATE OF NAME CHANGE: 20030908 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WPT LLC CENTRAL INDEX KEY: 0001262852 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36567 FILM NUMBER: 14999238 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER NAME: FORMER CONFORMED NAME: WPT LP DATE OF NAME CHANGE: 20030908 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WESTLAKE CHEMICAL INVESTMENTS, INC. CENTRAL INDEX KEY: 0001262834 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36567 FILM NUMBER: 14999235 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER NAME: FORMER CONFORMED NAME: WESTLAKE CHEMICAL INVESTMENTS INC DATE OF NAME CHANGE: 20030908 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WESTLAKE CHEMICAL CORP CENTRAL INDEX KEY: 0001262823 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36567 FILM NUMBER: 14999237 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 3 1 doc1.xml FORM 3 X0206 3 2014-07-29 0 0001604665 Westlake Chemical Partners LP WLKP 0001262852 WPT LLC 2801 POST OAK BLVD SUITE 600 HOUSTON TX 77056 0 0 1 0 0001262823 WESTLAKE CHEMICAL CORP 2801 POST OAK BOULEVARD, SUITE 600 SUITE 600 HOUSTON TX 77056 0 0 1 1 Director by Deputization 0001262845 WESTLAKE POLYMERS LLC 2801 POST OAK BLVD SUITE 600 HOUSTON TX 77056 0 0 1 0 0001262834 WESTLAKE CHEMICAL INVESTMENTS, INC. 2801 POST OAK BLVD SUITE 600 HOUSTON TX 77056 0 0 1 0 0001262842 WESTLAKE OLEFINS CORP 2801 POST OAK BLVD SUITE 600 HOUSTON TX 77056 0 0 1 1 Director by Deputization 0001299601 TTWF LP 2801 POST OAK BOULEVARD, SUITE 600 HOUSTON TX 77056 0 0 1 0 0001299599 TTWFGP LLC 2801 POST OAK BOULEVARD, SUITE 600 HOUSTON TX 77056 0 0 1 0 Common Units (Limited Partner Interests) 1436115 D Common Units (Limited Partner Interests) 1436115 I See Footnote Subordinated Units (Limited Partner Interests) 0 Common Units 12686115 D Subordinated Units (Limited Partner Interests) 0 Common Units 12686115 I See Footnote This Form 3 is being filed in connection with the effectiveness of the Issuer's Registration Statement on Form S-1. Immediately following the closing of the initial public offering of the Issuer, WPT LLC ("WPT") will own 1,436,115 common units ("Common Units") and 12,686,115 subordinated units ("Subordinated Units"), representing 55.7% of the outstanding limited partner interests in the Issuer. Westlake Chemical Corporation ("Westlake") owns 100% of Westlake Olefins Corporation, which owns 100% of Westlake Chemical Investments, Inc., which owns 100% of Westlake Polymers LLC, which owns 100% of WPT. TTWF LP, a Delaware limited partnership, holds 92,010,554 shares of Westlake. TTWF GP LLC, a Delaware limited liability company, is the general partner of TTWF LP. Each of the reporting persons in the above described ownership chain of WPT may be deemed to indirectly own the Common Units and the Subordinated Units directly held by WPT. Each subordinated unit will convert into one common unit at the end of the subordination period, which will end if the Issuer has earned and paid an aggregate amount of at least the minimum quarterly distribution multiplied by the total number of outstanding common and subordinated units for each of three consecutive on each outstanding unit for any three consecutive, non-overlapping four-quarter periods ending on or after June 30, 2017, but may end as soon as June 30, 2015 if the Issuer meets additional financial tests described in its partnership agreement. The subordinated units have no expiration date. WPT LLC by Albert Chao, President of Westlake Chemical Investments, Inc. its manager 2014-07-29 Westlake Polymers LLC by Albert Chao, President of Westlake Chemical Investments, Inc., its manager 2014-07-29 Westlake Chemical Investments, Inc. by Albert Chao, President 2014-07-29 Westlake Olefins Corporation by Albert Chao, President 2014-07-29 TTWF LP by TTWF GP LLC, its general partner, by A. Chao & J. Chao, each an Authorized Representative 2014-07-29 TTWF GP LLC by A. Chao and J. Chao, each an Authorized Representative 2014-07-29 Westlake Chemical Corporation by Albert Chao, President and CEO 2014-07-29