Chevron Phillips

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Chevron Phillips is a chemical producer jointly owned by Chevron Corporation and ConocoPhillips. The company was formed July 1st, 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 comprised 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.[1]

Background

Chevron Phillips Chemical is one of the world’s top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, piping, and proprietary plastics.

Chevron Phillips Chemical produces chemical products that are essential to manufacturing over 70,000 consumer and industrial products.

Chevron Phillips Chemical has approximately $7 billion in assets.

Chevron Phillips Chemical, with its joint venture partners, operates 42 production and research facilities worldwide.

Chevron Phillips Chemical is headquartered in The Woodlands, Texas (north of Houston).

Chevron Phillips Chemical has over 5,000 employees worldwide.

Facilities

Chevron Phillips Chemical, with its joint venture partners, currently has 36 production facilities located in the United States, Puerto Rico, Colombia, Brazil, Singapore, China, South Korea, Saudi Arabia, Qatar and Belgium.

Leadership

As of April 1, 2008 Greg Garland was elected as president and chief executive officer of Chevron Phillips Chemical Company.

The rest of the leadership team is as follows:

Craig Glidden - Senior Vice President - General Counsel and Corporate Secretary

Greg Maxwell - Senior Vice President - Chief Financial Officer and Controller

Mike Parker - Senior Vice President - Aeromatics and Styrenics

Rick Roberts - Senior Vice President - Manufacturing

Tim Taylor - Senior Vice President - Olefins and Polyolefins

Mary Jane Hagenson - Vice President - Technology

Don Kremer - Vice President - Human Resources

Joe McKee - Vice President and Treasurer

Greg Hanggi - Vice President - Environmental, Health and Safety

Larry Frazier - Chief Information Officer [2]

Significant Projects

Inauguration of the first of three planned world-scale plants in Qatar. Expansion of the Al Jubail, Saudi Arabia aromatics complex will create one of the largest styrene facilities in the world. Built the largest loop slurry high-density polyethylene plant in the world at the Cedar Bayou, Texas complex in conjunction with BP Solvay. St. James, LA styrene plant completed a multi-million dollar capacity increase and modernization. Expansion of cyclohexane capacity at Port Arthur, Texas plant.

Research & Technology

Chevron Phillips Chemical has six research, technology and quality control centers worldwide. These facilities provide full-scale petrochemical and polymer research including new catalyst development, product and process development, and commercial process support.

Chevron Phillips Chemical employs more than 330 scientists, researchers, and engineers in its research facilities. Facilities conduct a full range of research activities, including laboratory/bench and pilot scale experimentation, analytical and mechanical testing, patent support, and technical and service support for customers worldwide. Chevron Phillips Chemical’s state-of-the-art plastics technical centers are equipped with the latest processing and testing technology for molding and extruding of polymer and copolymer resins. Chevron Phillips Chemical currently holds more than 2,850 domestic and international patents and patent applications. Chevron Phillips Chemical’s loop slurry process for HDPE production is one of the most widely licensed processes in the world with more than 85 commercial reactor facilities utilizing this technology.

Centers:

Bartlesville Research and Technology Center - Bartlesville, Oklahoma

Kingwood Technology Center - Kingwood, Texas

Marietta Technology and Research - Marietta, Ohio

Orange Technology Center – Orange, Texas

Plastics Compounding and Development Center – Singapore

Tessenderlo Quality Control Lab – Tessenderlo, Belgium

Products

Olefins & Polyolefins - Ethylene, Polyethylene, Normal Alpha Olefins, Polyalpha Olefins, Propylene, Polypropylene, and High-Density Polyethylene Pipe, Conduit and Pipe Fittings.

Aromatics & Styrenics - Cyclohexane, Paraxylene, Styrene, Polystyrene, Benzene, K-Resin® styrene-butadiene copolymers (SBC)

Specialty Products - Mercaptans, Mining Chemicals, Soltex® Drilling Mud Additive, Ryton® polyphenylene sulfide (PPS), TrackTek™ Racing Fuels, Specialty Organosulfur Compounds

Primary Brands

Aromax® benzene production technology is the lowest cost process for on-purpose production of benzene.

K-Resin® styrene-butadiene copolymer (SBC) is the number one brand of SBC in the world.

Marlex® polyethylene is a premium extrusion and rigid packaging resin.

MarFlex® polyethylene is a superior flexible packaging resin.

Ryton® polyphenylene sulfide (PPS) is a high performance engineering polymer known for dimensional stability and resistance to corrosive and high-temperature environments.

Soltex® drilling mud additive is a high-temperature/high-pressure fluid loss control additive for water-based muds.

TrackTek™ Racing Fuels are specifically designed for use in high-performance engines.

Scentinel® Gas Odorants are added to natural gas to give it a distinctive smell.

Markets Served

Adhesives and Sealants Agricultural Appliances Automotive Building and Construction Chemical manufacturing Drycleaning Electronics Healthcare and Medical Household Imaging and Photography Industrial Oil, Gas, and Mining Packaging Paint and Coatings Personal Care and Cosmetics Pharmaceuticals Plastics and Rubber Textiles [3]

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 SBC, Ryton Polyphenylene sulfide (PPS), Alpha-olefins, Polyalphaolefins, aromatic compounds and a range of specialty chemicals.

[edit] External links

[edit] References

  1. ^ "Coin toss decides company name", The Lubbock Avalanche-Journal, 2000-04-18. Retrieved on 2008-03-07. 
  2. ^ www.cpchem.com/enu/;faq.asp
  3. ^ www.cpchem.com/enu/about_us.asp
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