Chevron Phillips Chemical Company LLC (CPChem) is owned 50 percent by ConocoPhillips and 50 percent by Chevron Corporation. CPChem is one of the world’s largest producers of olefins, polyolefins, aromatics and styrenics, piping and proprietary plastics.
Headquartered in The Woodlands, Texas, CPChem manufactures and markets a wide range of petrochemicals on a worldwide basis through its subsidiaries and equity affiliates, with manufacturing facilities located in the United States, Puerto Rico, Singapore, China, South Kora, Saudi Arabia, Qatar and Belgium. CPChem’s business is comprised of three operating segments: Olefins & Polyolefins, Aromatics & Styrenics, and Specialty Products.
 At year-end 2006, CPChem:
- Had total revenue of $12 billion.
- Has approximately $7 billion in assets.
- Owned 30 manufacturing facilities and six research and technology centers in seven countries.
- Employed approximately 5,150 people.
- Produced chemical products essential to manufacturing more than 70,000 consumer and industrial products.
|