Chevron Phillips Chemical
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| Private | |
| Industry | Petrochemical |
| Founded | 2000 |
| Headquarters | Headquarters: The Woodlands, TX, USA |
|
Area served
|
Worldwide |
|
Key people
|
Peter L. Cella (President and CEO) |
| Products | Aromatics, Drilling Specialties, K-Resin® SBC, Normal Alpha Olefins, Olefins, Polyalphaoelfins, Polyethylene, Specialty Chemicals |
| Revenue |  $ 13.416 billion (2014) |
|
|
| $ 3.288 billion (2014) |
|
| Total assets | $ 9.00 billion (2014) |
| Total equity | $ 10.260 billion (2014)[1] |
|
Number of employees
|
5,000 (December 2014) |
| Parent | Chevron Corp. and Phillips 66 |
| Website | cpchem.com |
Chevron Phillips is a chemical producer jointly owned by Chevron Corporation and Phillips 66. The company was formed July 1, 2000 by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company. A 50/50 venture, the company continues to be governed by a board of directors composed of two members from each of the parent companies. The company was actually named in a coin toss to determine which parent company name would be first and which would be last.[2]
Chevron Phillips is headquartered at 10001 Six Pines Drive in The Woodlands, Texas (a northern suburb of Houston), and is a major producer of ethylene, propylene, polyethylene, polypropylene, K-Resin(r) SBC, Ryton Polyphenylene sulfide (PPS), Alpha-olefins, Polyalphaolefins, aromatic compounds and a range of specialty chemicals.
As of the end of 2014 the Company has 5,000 employees worldwide, $9 billion in assets, and 36 manufacturing and research facilities in 8 countries.[3] In 2010 the Company had 4,600 employees worldwide, $7 billion in assets, and 35 manufacturing and research facilities in 9 countries.[4]
Contents
Worldwide Operations
Chevron Phillips Chemical, with its joint venture partners, currently has 36 production facilities located in the United States, Belgium, China, Colombia, Qatar, Saudi Arabia, Singapore, and South Korea.[5]
U.S. Operations
Chevron Phillips Chemical has 24 facilities in 13 U.S. states.[6]
California
Torrance, CA
Facility name: Americas Styrenics - 50% JV. Products Produced: Polystyrene.
Connecticut
Allyn's Point, CT
Facility name: Americas Styrenics - 50% JV. Products Produced: Polystyrene
Illinois
Joliet, IL
Facility name: Americas Styrenics - 50% JV. Products Produced: Polystyrene
Iowa
Bloomfield, IA
Facility name: Performance Pipe Plant. Products Produced: High and medium density polyethylene DriscoPlex(r).
Kentucky
Williamstown, KY
Facility name: Performance Pipe Plant. Products Produced: High and medium density polyethylene DriscoPlex(r).
Louisiana
St. James, LA
Facility name: Americas Styrenics - 50% JV. Products Produced: Styrene Monomer.
Maryland
Hagerstown, MD
Facility name: Performance Pipe Plant. Products Produced: High and medium density polyethylene DriscoPlex(r).
Mississippi
Pascagoula, MS
Facility name: Chevron Phillips Chemical Company owns several chemical production units within the Chevron Corporation Pascagoula Refinery. Products Produced: Benzene and Paraxylene.
Nevada
Reno, NV
Facility name: Performance Pipe Plant. Products Produced: High and medium density polyethylene DriscoPlex(r).
Oklahoma
Pryor, OK
Facility name: Performance Pipe Plant. Products Produced: High and medium density polyethylene DriscoPlex(r).
Ohio
Hanging Rock, OH
Facility name: Americas Styrenics - 50% JV. Products Produced: Polystyrene.
Marietta, OH
Facility name: Americas Styrenics - 50% JV. Products Produced: Polystyrene high-impact (HIP) and crystal.
Tennessee
Knoxville, TN
Facility name: Performance Pipe Plant. Products Produced: High and medium density polyethylene DriscoPlex(r).
Texas
Baytown, TX
Facility name: Cedar Bayou plant. Products Produced: Ethylene, Propylene, Normal Alpha Olefins (NAO), High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE), Polyalphaolefins.
Borger, TX
Facility name: Borger Plant. Products Produced: Organosulfer chemicals, high-purity hydrocarbons and solvents, performance and reference fuels, mining chemicals, Ryton(r) PPS.
Brownwood, TX
Facility name: Performance Pipe Plant. Products Produced: High and medium density polyethylene DriscoPlex(r).
Conroe, TX
Facility name: Drilling Specialties Alamo Plant. Products Produced: Soltex(r) Drilling Mud Additive, Liquid Soltex(r) Drilling Mud Additive.
La Porte, TX
Facility name: La Porte Engineering Polymers Compounding Plant. Products Produced: Ryton(r) Polypheneylene Sulfide (PPS).
Old Ocean, TX
Facility name: Sweeny Chemical & NGL Fractionation. Products Produced: Ethylene, Propylene.
Orange, TX
Facility name: Orange Chemical Plant. Products Produced: High-Density Polyethylene (HDPE) Gas Phase Unit, High-Density Polyethylene (HDPE)Particle Form C Loop, Oxygen Scavenging Polymer.
Pasadena, TX
Facility name: Pasadena Plastics Complex. Products Produced: High-Density Polyethylene (HDPE), K-RESIN(r) SBC.
Plano, TX
Facility name: Performance Pipe Division Headquarters
Port Arthur, TX
Facility name: Port Arthur Plant. Products Produced: Ethylene, Propylene, Cyclohexane.
The Woodlands, TX
Facility name: Chevron Phillips Chemical Company's Global Headquarters.
South Carolina
Startex, SC
Facility name: Performance Pipe Plant. Products Produced: High and medium density polyethylene DriscoPlex(r).
See also
References
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External links
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