Chemicals
The company’s Middle Eastern operations play a significant and growing role in CPChem’s success. With three major facilities in operation, two more under construction and another project in development, CPChem is committed to international growth and development.
Saudi Chevron Phillips Company (in operation since January 2000) and Jubail Chevron Phillips Company (operational as of the third quarter of 2008) are 50/50 joint ventures between a CPChem affiliate and the Saudi Industrial Investment Group. The plants, collectively known as S-Chem, represent CPChem’s Saudi Arabian assets. Saudi Polymers Company (SPC) is a joint venture company formed in 2007 to execute a third major project in Saudi Arabia. Construction began in January 2008, with mechanical completion expected in the first half of 2011 and commercial production scheduled to begin in late 2011.
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