Chevron Phillips Chemical Company, LLC is a
petrochemical company
The petrochemical industry is concerned with the production and trade of petrochemicals. A major part is constituted by the plastics (polymer) industry. It directly interfaces with the petroleum industry, especially the downstream sector.
Compa ...
jointly owned by
Chevron Corporation and
Phillips 66. The company was formed July 1, 2000 by merging the chemicals operations of both Chevron Corporation and
Phillips Petroleum Company
Phillips Petroleum Company was an American oil company incorporated in 1917 that expanded into petroleum refining, marketing and transportation, natural gas gathering and the chemicals sectors. It was Phillips Petroleum that first found oil in the ...
. 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 is headquartered in
The Woodlands, Texas
The Woodlands is a special-purpose district and census-designated place (CDP) in the U.S. state of Texas in the Houston–The Woodlands–Sugar Land metropolitan statistical area. The Woodlands is primarily located in Montgomery County, with p ...
, a northern suburb of Houston, and is a major producer of
ethylene,
propylene
Propylene, also known as propene, is an unsaturated organic compound with the chemical formula CH3CH=CH2. 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 petro ...
,
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 b ...
,
Alpha-olefin
In organic chemistry, alpha-olefins (or α-olefins) 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 or alpha (α) position.''Petrochemical ...
s,
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, also known as "mono- and polycyclic aromatic hydrocarbons", are organic compounds containing one or more aromatic rings. The parent member of aromatic compounds is benzene. The word "aromatic" originates from the past grouping ...
s and a range of
specialty chemicals
Speciality chemicals (also called specialties or effect chemicals) are particular chemical products which provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, ag ...
.
Operations
As of the end of 2014 the company has 5,000 employees worldwide, US$9 billion in assets, and 36 manufacturing and research facilities in eight countries, including the United States, Belgium, China, Colombia, Qatar, Saudi Arabia, Singapore, and South Korea. It has 24 facilities in 13 U.S. states.
Corporate affairs
The headquarters and offices for the Americas are in
The Woodlands, Texas
The Woodlands is a special-purpose district and census-designated place (CDP) in the U.S. state of Texas in the Houston–The Woodlands–Sugar Land metropolitan statistical area. The Woodlands is primarily located in Montgomery County, with p ...
. Europe, Middle East, and Africa operations are based in Stockholm Building in Airport Plaza in
Diegem
Diegem is a town in the municipality of Machelen, Flemish Brabant, Belgium.
Its gothic church, inaugurated in 1543, in the centre of town, has a conspicuous tiered spire.
The town is served by Diegem railway station, which is situated on the ...
,
Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...
. Asia Pacific operations are based in Keppel Bay Tower in
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...
.
[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"
See also
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Phillips disaster of 1989
On 23 October, 1989 at approximately 1:05 PM Central Daylight Time, a series of explosions occurred at Phillips Petroleum Company's Houston Chemical Complex in Pasadena, Texas, near the Houston Ship Channel. The initial blast registered 3.5 on th ...
*
Phillips explosion of 1999
*
Phillips explosion of 2000
References
External links
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{{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