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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 36,579 $ 58,316
Receivable under the Investment Management Agreement—Westlake Corporation ("Westlake") 43,924 134,557
Accounts receivable, net—third parties 12,817 11,576
Inventories 3,261 4,058
Prepaid expenses and other current assets 24 444
Total current assets 156,524 240,926
Property, plant and equipment, net 902,062 903,588
Goodwill 5,814 5,814
Deferred charges and other assets, net 242,787 137,628
Total assets 1,307,187 1,287,956
Current liabilities    
Accrued and other liabilities 36,263 16,920
Total current liabilities 72,906 55,372
Deferred income taxes 1,581 1,546
Other liabilities 1,861 2,050
Total liabilities 476,022 458,642
Commitments and contingencies (Note 12)
EQUITY    
Total Westlake Chemical Partners LP partners' capital 262,413 276,129
Noncontrolling interest in Westlake Chemical OpCo LP ("OpCo") 568,752 553,185
Total equity 831,165 829,314
Total liabilities and equity 1,307,187 1,287,956
Publicly and Privately Held | Common units    
EQUITY    
Common unitholders $ 463,109 $ 471,328
Units issued (in shares) 21,116,326 21,116,326
Units outstanding (in shares) 21,116,326 21,116,326
Westlake    
EQUITY    
General partner—Westlake $ (242,572) $ (242,572)
Westlake | Common units    
EQUITY    
Common unitholders $ 41,876 $ 47,373
Units issued (in shares) 14,122,230 14,122,230
Units outstanding (in shares) 14,122,230 14,122,230
Affiliated Entity    
Current assets    
Accounts receivable, net—Westlake $ 59,919 $ 31,975
Current liabilities    
Accounts payable 8,572 20,744
Affiliated Entity | Westlake    
Current liabilities    
Long-term debt payable to Westlake 399,674 399,674
Nonrelated Party    
Current assets    
Accounts receivable, net—third parties 12,817 11,576
Current liabilities    
Accounts payable $ 28,071 $ 17,708