Chevron Phillips Chemical
| 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]
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
- ↑ "Financial Information". cpchem.com. Retrieved 2015-11-11.
- ↑ "Coin toss decides company name". The Lubbock Avalanche-Journal. 2000-04-18. Retrieved 2008-03-07.
- ↑ "Worldwide Operations". cpchem.com. Retrieved 2015-11-11.
- ↑ "Worldwide Operations". cpchem.com. Retrieved 2010-07-21.
- ↑ "Worldwide Operations". cpchem.com. Retrieved 2010-07-21.
- ↑ "Worldwide Operations". cpchem.com. Retrieved 2010-07-21.
External links
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