Chevron Phillips Chemical Company LLC

10001 6 Pines Dr.
The Woodlands, TX 77380-1498 (Map)
Phone: 832-813-4100
Fax: 800-231-3890
Toll Free: 800-231-1212
http://www.cpchem.com

Hoover's coverage by Peter Partheymuller

Overview

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%).

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Key Numbers from Hoover's UK

Key financials for Chevron Phillips Chemical Company LLC

Company Type Joint Venture of Chevron and ConocoPhillips
Fiscal Year-End December
2007 Sales (mil.) £6,502.1
1-Year Sales Growth 5.3%
2007 Net Income (mil.) £360.0
1-Year Net Income Growth (46.7%)
2007 Employees 5,500
1-Year Employee Growth 6.8%
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Key People from Hoover's UK

Key people and executives for Chevron Phillips Chemical Company LLC

President and CEO Greg C. Garland
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SVP, CFO, and Controller Greg G. Maxwell
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VP Corporate Planning and Development Mark E. Lashier
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Top Competitors from Hoover's UK

Top competitors of Chevron Phillips Chemical Company LLC

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Significant Developments

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Chevron Phillips Chemical Company LLC

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