Chevron Phillips Chemical (CPChem) is a

petrochemical company file:Jampilen Petrochemical Co. 02.jpg, 300px, Jampilen Petrochemical co., Asaluyeh, Iran The petrochemical industry is concerned with the production and trade of petrochemicals. A major part is constituted by the plastics industry, plastics (poly ...

that is a 50/50 joint venture between

Chevron Corporation Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened t ...

and

Phillips 66 The Phillips 66 Company is an American Multinational corporation, multinational energy company headquartered in Westchase, Houston, Texas. Its name, dating back to 1927 as a trademark of the Phillips Petroleum Company, assisted in establishing ...

. The company was formed July 1, 2000, by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company. As equally-owned company, it is governed by a board of directors composed of three members from each of the parent companies. The company was actually named in a coin toss to determine which parent company name would be first and which would be last. Chevron Phillips Chemical is headquartered in

The Woodlands, Texas The Woodlands is a Special district (United States), special-purpose district and census-designated place (CDP) in the U.S. state of Texas in the Greater Houston, Houston–The Woodlands–Sugar Land metropolitan statistical area. The Woodlands ...

, a northern suburb of Houston, and is a major producer of

ethylene Ethylene (IUPAC name: ethene) is a hydrocarbon which has the formula or . It is a colourless, flammable gas with a faint "sweet and musky" odour when pure. It is the simplest alkene (a hydrocarbon with carbon–carbon bond, carbon–carbon doub ...

propylene Propylene, also known as propene, is an unsaturated organic compound with the chemical formula . It has one double bond, and is the second simplest member of the alkene class of hydrocarbons. It is a colorless gas with a faint petroleum-like o ...

polyethylene Polyethylene or polythene (abbreviated PE; IUPAC name polyethene or poly(methylene)) is the most commonly produced plastic. It is a polymer, primarily used for packaging (plastic bags, plastic films, geomembranes and containers including bott ...

Alpha-olefin In organic chemistry, terminal alkenes (alpha-olefins, α-olefins, or 1-alkenes) are a family of organic compounds which are alkenes (also known as olefins) with a chemical formula , distinguished by having a double bond at the primary, Alpha an ...

Polyalphaolefins A polyolefin is a type of polymer with the general formula (CH2CHR)n where R is an alkyl group. They are usually derived from a small set of simple olefins (alkenes). Dominant in a commercial sense are polyethylene and polypropylene. More speciali ...

aromatic compound Aromatic compounds or arenes are organic compounds "with a chemistry typified by benzene" and "cyclically conjugated." The word "aromatic" originates from the past grouping of molecules based on odor, before their general chemical properties were ...

s and a range of

specialty chemicals Specialty chemicals (also called specialties or effect chemicals) are particular chemical products that provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, agr ...

. The company's chemical products are used in thousands of applications including squeezable condiment bottles and shrink-wrapped meat.

Operations

Since its inception, Chevron Phillips has pursued a strategy of international expansion, establishing presence in key global markets. By 1998, it partnered with Qatar Petroleum to gain a foothold in Qatar. The company has also built facilities overseas such as in the Persian Gulf, where it operates in cities like

Al Jubail Jubail (, ''Al Jubayl'') is a city in the Eastern province on the Persian Gulf coast of Saudi Arabia, with a total population of 474,679 as of 2022. It is home to one of the largest industrial cities in the world. It is also home to the Middle ...

. As of the end of 2021 the company had 5,000 employees worldwide, US$17 billion in assets, and 31 manufacturing and research facilities in six countries, including the United States, Belgium, China, Colombia, Qatar, Saudi Arabia, and Singapore. It has 24 facilities in 13 U.S. states.

Corporate Locations

The headquarters and offices for the Americas are in

. Europe, Middle East, and Africa operations are based in Stockholm Building in Airport Plaza in

Diegem Diegem is a town in the municipalities of Belgium, municipality of Machelen, in the Provinces of Belgium, province of Flemish Brabant, Belgium. Diegem's postal code is 1831. The official language of Diegem is Dutch language, Dutch, as in the res ...

Belgium Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeas ...

. Asia Pacific operations are based in Keppel Bay Tower in

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

.Contact Us
" Chevron Phillips. Retrieved on September 6, 2017. "Headquarters 10001 Six Pines Drive The Woodlands, TX 77380" and "Chevron Phillips Chemical International N.V. Airport Plaza - Stockholm Building Leonardo Da Vincilaan 19 1831 Diegem Belgium" and "Chevron Phillips Chemicals Asia Pte. Ltd. ..5 Temasek Boulevard 05-01 Suntec Tower Five 038985 Singapore"

Research & Technology Centers

Chevron Phillips Chemical has two US based Research and Technology Centers. One is based in

Kingwood, Texas Kingwood is a master-planned community located in northeast Houston, Texas, United States. The majority of the community is located in Harris County with a small portion in Montgomery County. Known as the "Livable Forest," it is the large ...

and the other is based in

Bartlesville, Oklahoma Bartlesville is a city mostly in Washington County and Osage County, Oklahoma. The population was 37,290 at the 2020 census. Bartlesville is north of Tulsa and south of the Kansas border. It is the county seat of Washington County. The Cane ...

References

External links

* {{Authority control Oil companies of the United States Petrochemical companies Chevron Corporation Phillips 66 Petroleum in Texas Companies based in Houston Non-renewable resource companies established in 2000 2000 establishments in Texas Joint ventures Companies based in Harris County, Texas