Albert Chao, Dorothy Chao Jenkins and James Chao (left to right). Her father, Ting Tsung (TT) Chao, is shown in the portrait. Photo credit: Alexander’s Fine Portrait Design
“Mr. TT Chao was instrumental in bringing the PVC industry worldwide to where it is today and his children continue to lead with dedication and prestige to uphold the reputation and legacy that has been built.” – Ned Monroe, VI CEO / President
WASHINGTON (PRWEB)
18th November 2020
The Vinyl Institute (VI), the U.S. trade association that represents manufacturers of vinyl, vinyl chloride monomer (VCM), additives, and modifiers, presented the Vinyl Institute Lifetime Achievement to the Chao family Ting Tsung (TT), founders of Westlake Chemical Corporation Award at the VI annual conference 2020, Vinyl360.
“The TT Chao family truly embodies the idea of lifelong service,” said Ned Monroe, President and CEO of VI. “Mr. TT Chao has been instrumental in bringing the PVC industry worldwide to where it is today and his children continue to lead with dedication and prestige to uphold the reputation and legacy that has been built. We are delighted very much to be able to award them this award. “
The Lifetime Achievement Award was created to recognize outstanding service to the vinyl industry throughout a person’s career.
The TT Chao family has a long and illustrious history in the vinyl business. As a pioneer in the chemical and plastics industries in Asia and the USA, TT Chao founded a successful global company that spanned more than 50 years. As a co-founder of Taiwan’s first PVC business, he made a huge contribution to the Taiwanese economy, and through many joint ventures and partnerships, his business grew rapidly across Asia.
In the mid-1980s he founded Westlake Chemical Corporation with his sons Albert Chao and James Y. Chao. What began as the only low-density polyethylene plant in Sulfur, Louisiana, has since grown into a $ 8 billion plastics conglomerate, focused on the vinyl and olefins sectors, with more than 50 locations in North America, Europe and Asia operates.
After Mr. TT Chao passed away in 2008, his three children continued to run his businesses. Ms. Dorothy Chao Jenkins has served on the Westlake Board of Directors since 2003 and Mr. James Chao has been Chairman of the Board since 2004. Mr. Albert Chao has been Chief Executive Officer since 2004 and also serves as President and Director of Westlake.
Aside from her accomplishments and tenure with the company, Chaos has volunteered on a variety of civic and education organizational bodies, including the leadership cabinet of Texas Children’s Hospital, the Knowledge is Power program in Houston, the John and Mable Ringling Museum of Art Foundation , Inc. and many more.
About the Vinyl Institute:
Founded in 1982, the Vinyl Institute (VI) is a US trade association representing the leading manufacturers of vinyl, vinyl chloride monomer, vinyl additives, and modifiers. VI works on behalf of its members to promote the benefits of the most versatile plastic in the world, which is used to make everything from PVC pipes to floors, roofs and vinyl siding. The vinyl industry in the United States employs over 350,000 highly skilled people in nearly 3,000 facilities and is valued at $ 54 billion. Visit vinylinfo.org for more information.
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