Chevron Phillips Chemical

Chevron Phillips Chemical Company LLC
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 Increase $ 13.416 billion (2014)
Increase
Increase $ 3.288 billion (2014)
Total assets Increase $ 9.00 billion (2014)
Total equity Increase $ 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]

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

  1. "Financial Information". cpchem.com. Retrieved 2015-11-11.
  2. "Coin toss decides company name". The Lubbock Avalanche-Journal. 2000-04-18. Retrieved 2008-03-07.
  3. "Worldwide Operations". cpchem.com. Retrieved 2015-11-11.
  4. "Worldwide Operations". cpchem.com. Retrieved 2010-07-21.
  5. "Worldwide Operations". cpchem.com. Retrieved 2010-07-21.
  6. "Worldwide Operations". cpchem.com. Retrieved 2010-07-21.

External links


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