 ConocoPhillips provides chemicals and plastics through several operations. The company participates in the chemicals sector through its 50 percent ownership of Chevron Phillips Chemical Company LLC (CPChem), a joint venture with Chevron Corporation. Major business segments are Olefins and Polyolefins; Aromatics and Styrenics; and Specialty Products.
Additionally, ConocoPhillips has a 50 percent ownership in Penreco, a producer and marketer of unique chemical specialties including white mineral oils, petrolatums and other products. Penreco markets its products in more than 50 countries.
ConocoPhillips Specialty Solvents is a leader in the manufacturing and marketing of high-purity hydrocarbon solvents and offers and broad range of specialty solvents – from Pentanes to Heptanes to custom blends.
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