CHEVRON PHILLIPS CHEMICAL CO. LLC
Company Snapshot
Founded: 2000
Entity Type: Private
Region: U.S.
Revenue: $11,560.0 Millions
Revenue Year: 2023
Segment: Chemical production
Headquarter: Texas, U.S.
Key Geographics: North America, Asia-Pacific, Europe
Company Overview
Chevron Phillips Chemical Co. LLC (CPChem) is a leading global producer of petrochemicals and plastics. It is a joint venture between Chevron Corp. and Phillips 66, with each company holding a 50% stake. The company was formed in 2000, by merging the chemicals operations of both Chevron Corp. and Phillips Petroleum Co. CPChem combines the resources, technology and expertise of both parent companies to operate a diverse portfolio of chemical manufacturing facilities around the world.
CPChem is committed to Operation Clean Sweep programs to prevent plastic loss from the facilities. To accomplish this its plastics manufacturing sites have OCS teams that assess risk, perform inspections, and identify improvement opportunities.
CHEVRON PHILLIPS CHEMICAL CO. LLC In News
Company's Business Segments
- Aeromatics : Benzene, Cyclohexane, and Styrene monomer solutions
- Drilling Specialities : Additive, Stimulation and enhanced oil recovery technologies for drilling, Completions and Production.
- Normal Aplha Olefins : Linear and Isomerized alpha olefins
- Olefins : Ethylene, Propylene and Other olefins
- Performance Pipe : Polyethylene pipe solutions
- Polyalphaolefins : Polyalphaolefins used in synthetic lubricants, Greases
- Polyethylene : HDPE, LDPE, LLDPE, MDPE, LDLPE, and Metallocene PE
- Specialty Chemicals : Aromatic specialty chemicals, Odorants, Catalysts, Mining chemicals, and Performance and Reference fuels
Applications/End User Industries
- Automotive
- Personal Care
- Industrial
- Energy
- Chemicals
- Pharmaceuticals
- Medical
- Food and Agriculture
- Home and Electronics
- Recreational