Chevron Phillips Chemical Company Description
A coin toss determined whose name would go first when Chevron and Phillips Petroleum (now ConocoPhillips) formed 50-50 joint venture Chevron Phillips Chemical Company in 2000. Among the largest US petrochemical firms, the company produces ethylene, propylene, polyethylene, and polypropylene -- sometimes used as building blocks for the company's other products such as pipe. Chevron Phillips Chemical also produces aromatics such as benzene and styrene, specialty chemicals such as acetylene black (a form of carbon black), and mining chemicals. The company has several petrochemicals joint ventures in the Middle East, including Saudi Chevron Phillips Company (50%) and Qatar Chemical Company (not quite 50%).
View the Comprehensive Company Description for Chevron Phillips Chemical
The Company Description provides a historical perspective of Chevron Phillips Chemical's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Chevron Phillips Chemical's evolution in the marketplace.
