On July 1, 2000, Chevron Corporation and Phillips Petroleum Company, now ConocoPhillips, combined their worldwide petrochemical businesses, excluding Chevron’s oronite additives business, to form Chevron Phillips Chemical Company LLC. Chevron and ConocoPhillips each own 50 percent of Chevron Phillips Chemical. Chevron Phillips Chemical is one of the world’s top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, piping, and proprietary plastics.It produces chemical products that are essential to manufacturing over 70,000 consumer and industrial products. Chevron Phillips Chemical, with its joint venture partners, operates 40 manufacturing and research centers.It is headquartered in The Woodlands, Texas (north of Houston).It has approximately 4,600 employees worldwide.
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