Albert Chao


Albert Chao is a Taiwanese-American chemical industry executive, the president, CEO, and a director of Westlake Chemical Corporation and Westlake Chemical Partners LP. In 2019, Albert and James Chao received the Petrochemical Heritage Award as part of the International Petrochemical Conference. He also serves as a director of Suzhou Huasu Plastics Co., Ltd of China.

Early life

Chao was born in 1949 and grew up in Taiwan. His father Ting Tsung Chao was born in China and moved to Taiwan with his family in 1946. In the mid-1980s, Chao's family moved from Taiwan to the U.S.

Education

Albert Chao received a bachelor's degree from Brandeis University and earned an M.B.A. from Columbia University.

Companies

In 1986 T.T. Chao and his sons Albert and James Y. Chao founded Westlake Chemical, the largest manufacturer of low-density polyethylene in the US.
Albert Chao served as an executive vice president of Westlake Chemical Corporation beginning in 1986, became president in mid-1996, and in 2004, became the company's president and CEO.
The Chao family also founded Suzhou Huasu Plastics Company in China as of 1993, and Titan Chemicals Corporation in Malaysia as of 1998. Albert Chao serves as a director of Suzhou Huasu Plastics Company.
In 2012, the Bloomberg Billionaires Index suggested his wealth to be at least $1.4 billion.