Chevron Phillips Chemical

Chevron Phillips Chemical Company, LLC is a petrochemical company 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. As equally-owned company, it is governed by a board of directors composed of three 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 Chemical Company, LLC
TypeJoint venture
IndustryPetrochemical
Founded2000
HeadquartersThe Woodlands, Texas, United States
Key people
Mark Lashier
(President and CEO)
ProductsAromatics, 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]
Owners
Number of employees
5,000 (December 2014)
Websitecpchem.com

Chevron Phillips is headquartered in The Woodlands, Texas, a northern suburb of Houston, and is a major producer of ethylene, propylene, polyethylene, Alpha-olefins, Polyalphaolefins, aromatic compounds and a range of specialty chemicals.

Operations

As of the end of 2014 the Company has 5,000 employees worldwide, US$9 billion in assets, and 36 manufacturing and research facilities in eight countries, including the United States, Belgium, China, Colombia, Qatar, Saudi Arabia, Singapore, and South Korea. It has 24 facilities in 13 U.S. states.[3]

Corporate affairs

The headquarters and offices for the Americas are in The Woodlands, Texas. Europe, Middle East, and Africa operations are based in Stockholm Building in Airport Plaza in Diegem, Belgium. Asia Pacific operations are based in Keppel Bay Tower in Singapore.[4]

See also

References
  1. "Financial Information". cpchem.com. Retrieved 2015-11-11.
  2. "Coin toss decides company name". Lubbock Avalanche-Journal. The Lubbock Avalanche-Journal. 2000-04-18. Archived from the original on 2012-03-03. Retrieved 2020-12-04.
  3. "Worldwide Operations". cpchem.com. Archived from the original on 2016-01-02. Retrieved 2015-11-11.
  4. "Contact Us." Chevron Phillips. Retrieved on September 6, 2017. "Headquarters 10001 Six Pines Drive The Woodlands, TX 77380" and "Chevron Phillips Chemical International N.V. Airport Plaza - Stockholm Building Leonardo Da Vincilaan 19 1831 Diegem Belgium" and "Chevron Phillips Chemicals Asia Pte. Ltd. [...] 5 Temasek Boulevard 05-01 Suntec Tower Five 038985 Singapore"
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