Chevron Phillips Chemical Co LLC - Company Profile
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Chevron Phillips Chemical Co LLC (CPChem) is a joint venture of Chevron Corp and Phillips 66. It manufactures olefins and polyolefins; and supplies alpha olefins, styrenics, aromatics, specialty chemicals, piping, and proprietary plastics. The company offers a complete portfolio of chemical solutions and services.CPChem serves various industries, including oil and gas, agriculture, appliances, automotive, building and construction, chemical manufacturing, dry cleaning, electronics, healthcare and medical, household, industrial, pharmaceuticals, plastics, rubber and textiles. Through joint venture partners, it operates production facilities in the US, Saudi Arabia, Singapore, Qatar and Belgium. The company has operations in North America, South America, the Middle East, Asia and Europe. CPChem is headquartered in The Woodlands, Texas, the US.
Headquarters
United States of America
Address
10001 Six Pines Drive, The Woodlands, Texas, 77380
Website
www.cpchem.com
Telephone
1 832 8134100
No of Employees
5,000
Industry
Chemicals
Revenue (2023)
$11.6B
Chevron Phillips Chemical Co LLC premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| - | - |
| Olefins | DSGA Polymer |
| Aromatics | Greenbase HEC Polymer |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In August, the company completed the construction of 1-Hexene unit in Old Ocean, Texas. |
| 2023 | Contracts/Agreements | In February, the company signed a long-term commercial agreement with Nexus Circular for the supply of advanced recycled plastic feedstocks from the new facility. |
| 2022 | Financing Agreements | In November, the company's joint venture Golden Triangle Polymers Company closed US$3.8 billion financing for the US Gulf Coast II Petrochemical Project. |
Competitor Comparison
| Key Parameters | Chevron Phillips Chemical Co LLC | China Petrochemical Corp | BASF SE | LyondellBasell Industries NV | Westlake Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | China | Germany | United Kingdom | United States of America |
| City | The Woodlands | Beijing | Ludwigshafen Am Rhein | London | Houston |
| State/Province | Texas | Beijing | Rheinland-Pfalz | Greater London | Texas |
| No. of Employees | 5,000 | - | 111,855 | 20,000 | 15,520 |
| Entity Type | Private | Government | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Steven Prusak | Chief Executive Officer; President | Senior Management | 2024 | - |
| Darren Ercolani | Senior Vice President; Chief Financial Officer | Senior Management | 2022 | - |
| Allison Martinez | Senior Vice President - Business Transformation; Chief Information Officer | Senior Management | - | - |
| Justine Smith | Executive Vice President - Commercial | Senior Management | 2024 | - |
| Tim Hill | General Counsel; Secretary; Executive Vice President - Legal and Public Affairs | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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