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.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***

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CHEVRON PHILLIPS CHEMICAL CO. LLC In Reports

Market Trends in the Plastics Industry: An Analysis of Developments by Key Plastics Manufacturers

BCC Research Market Report says global market volume for plastics production is estimated to increase from 428.7 million metric tons in 2023 to reach 579.2 million metric tons by 2028.

Styrenic Block Copolymers: Global Markets

BCC Research Market Report for Styrenic Block Copolymers. Forecasts of the global market is provided, followed by a detailed analysis on the basis of polymer types of styrenics.

Enhanced Oil Recovery: Technologies and Global Markets

BCC Research Market Report for Enhanced Oil Recovery market. Global EOR market trends, with market revenue and CAGRs through 2027.

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