WESTLAKE achieved hundreds of millions in tax reductions and cash rewards with the help of BASSETTI, and successfully obtained the "National High-Tech Enterprise Certification", marking its transition from "Product in China" to "Innovation in China".

About WESTLAKE

Westlake Corporation is a global manufacturer of basic materials and building products headquartered in Houston, Texas. Founded in 1986, the company has evolved from an original olefins and polyolefins producer into a diversified industry giant through multiple strategic acquisitions (including Axiall, Boral’s North American building products business, and Hexion’s epoxy business).

As the world’s second-largest producer of PVC and chlor-alkali, Westlake operates approximately 85 manufacturing facilities worldwide, employs around 16,000 people, and achieved sales of US$12.1 billion in 2024. The company’s business comprises two segments: Performance & Essential Materials (polyethylene, styrene, PVC, chlor-alkali, etc.) and Housing & Infrastructure Products (siding, roofing, pipe & fittings, window & door profiles, etc.).

"When we were in Europe, we already used external services to help us handle R&D-related subsidies, especially for patent support. To further support our R&D in China, we decided to adopt the same strategy. Therefore, we needed a service provider with professional experience to assist with the application."

General Manager

Challenges

Management level

• Difficulty identifying suitable subsidy programs

• Did not want the internal R&D team to spend too much time on documentation

• Had tried other consulting firms, all ended in failure

• Widespread external skepticism that a foreign enterprise could successfully obtain the High-Tech Enterprise certification

• Lack of professional experience in subsidy applications

BASSETTI Solutions:

•  Helped us effectively identify different types of subsidies

•  Completed all preparation and documentation within an optimal 4-5 month timeframe, without disrupting the daily work of R&D and finance teams

•  Brought not only subsidies but also positive impact to the company

Financial level

•  Lack of knowledge about the application process

•  Unclear understanding of tax filing requirements

•  Concerned about low success rate

•  Other agencies gave low financial expectations

BASSETTI solutions:

•  Professional subsidy advisors provided efficient guidance during financial data preparation

•  Ultimately secured substantial cash support for local R&D, innovation, and future development

R&D level

• Insufficient number of patents

• Tight timeline

BASSETTI solutions:

•  Ensured the application was completed on time

"We are very interested in and very satisfied with BASSETTI’s services. We will definitely recommend them to other companies. To be honest, without BASSETTI, we would not have obtained this certification."

General Manager

Benefits for the company

• Financial support: Tax reductions have improved cash flow management, allowing us to invest more in R&D.

• Enhanced corporate image: Some clients were very surprised to learn that we received the certification, as they believe it is not easy for a foreign enterprise to obtain.

• Demonstrates the company’s rapid innovation capability: This certification proves to our customers that we are innovating quickly and localizing effectively.

• Competitive advantage: The High-Tech certification helps us outperform competitors by showcasing our strength in innovation and R&D investment.

Conclusions

"BASSETTI consistently provides us with efficient support using a 'problem-solving mindset'." General Manager

"High-level service, frequent communication, and technical support fully met my expectations."

R&D Manager

"The BASSETTI team provided fast and professional support at every step, making the entire process very efficient."

Finance Manager

Future Plan

"We have a three‑year strategic plan. Depending on business development changes, we will further explore higher‑level subsidy programs."

General Manager

WESTLAKE’s success is not just about obtaining a subsidy or a certification. It proves that a foreign enterprise in China can achieve a dual leap in local innovation and competitive advantage through professional collaboration. Even when it was deemed “impossible”, even after other agencies had given up, Basseti turned the impossible into possible with expertise and persistence.

If you are also considering applying for the National High-Tech Enterprise Certification or other R&D subsidies, you are welcome to choose Basseti as your professional partner. 

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