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Employees: 1
Total Average Daily Production in 2007: --
Crude Processing Capacity: --
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Chemicals ConocoPhillips participates in the chemical sector through its 50 percent ownership in Chevron Phillips Chemical Company LLC (CPChem), a joint venture with Chevron Corporation.
CPChem’s Middle Eastern operations play a significant and growing role in the company’s success. With two major facilities in operation, two more under construction and another project under development, CPChem is committed to international growth and development.
Saudi Chevron Phillips Company (in operation since 1999) and Jubail Chevron Phillips Company (scheduled for operational startup in 2007) 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. A third project in Saudi Arabia is under development with good progress reported, including key technology licenses and feedstock allocations. Qatar Chemical Company Ltd. (Q-Chem) and Qatar Chemical Company II Ltd. (Q-Chem II) are joint ventures between a subsidiary of CPChem (49 percent) and Qatar Petroleum (51 percent). Q-Chem commenced operations in 2003 while the Q-Chem II project broke ground in 2006.
Find out more at Chevron Phillips Chemical Company LLC
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