Chevron Phillips Chemical Co LLC - Company Profile
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Chevron Phillips Chemical Co LLC (CPChem) is a petrochemical company. It manufactures olefins and polyolefins, and supplies alpha olefins, styrenics, aromatics, specialty chemicals, piping, and proprietary plastics. The company offers a complete portfolio of chemical solutions and services.CPChem serves various industries, including oil and gas, agriculture, appliances, automotive, building and construction, chemical manufacturing, dry cleaning, electronics, healthcare and medical, household, industrial, pharmaceuticals, plastics, rubber and textiles. Through joint venture partners, it operates production facilities in the US, Saudi Arabia, Singapore, Qatar and Belgium. The company has operations in North America, South America, the Middle East, Asia and Europe. CPChem is headquartered in the Woodlands, Texas, the US.
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Products and Services
| Products | Brands |
|---|---|
| Olefins | DSGA Polymer |
| Aromatics | Greenbase HEC Polymer |
| Drilling Specialties | Greenbase |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In August, the company completed the construction of 1-Hexene unit in Old Ocean, Texas. |
| 2023 | Contracts/Agreements | In February, the company signed a long-term commercial agreement with Nexus Circular for the supply of advanced recycled plastic feedstocks from the new facility. |
| 2022 | Financing Agreements | In November, the company's joint venture Golden Triangle Polymers Company closed US$3.8 billion financing for the US Gulf Coast II Petrochemical Project. |
Competitor Comparison
| Key Parameters | Chevron Phillips Chemical Co LLC | China Petrochemical Corp | BASF SE | LyondellBasell Industries NV | The Lubrizol Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | China | Germany | United Kingdom | United States of America |
| City | The Woodlands | Beijing | Ludwigshafen | London | Wickliffe |
| State/Province | Texas | Beijing | Rheinland-Pfalz | Greater London | Ohio |
| No. of Employees | 5,481 | 531,000 | 106,428 | 18,970 | 7,922 |
| Entity Type | Private | Government | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Steven Prusak | Chief Executive Officer; President | Senior Management | 2024 | - |
| Darren Ercolani | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | - |
| Allison Martinez | Senior Vice President; Chief Digital and AI Officer | Senior Management | 2025 | - |
| Kevin Ristroph | Senior Vice President - Corporate Planning, Technology and Sustainability | Senior Management | 2024 | - |
| Maricela Caballero | Senior Vice President - Human Resources | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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