Chevron Phillips
Encyclopedia
Chevron Phillips is a chemical producer jointly owned by Chevron Corporation
and ConocoPhillips
. The company was formed July 1, 2000 by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company. A 50/50 venture, the company continues to be governed by a board of directors composed of two 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 at 10001 Six Pines Drive in The Woodlands, Texas
(a northern suburb of Houston), and is a major producer of ethylene
, propylene
, polyethylene
, polypropylene
, K-Resin(r) SBC, Ryton Polyphenylene sulfide
(PPS), Alpha-olefin
s, Polyalphaolefins, aromatic compounds and a range of specialty chemicals.
The company has 4,600 employees worldwide, $7 billion in assets, and 35 manufacturing and research facilities in 9 countries.
Chevron Corporation
Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries. It is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining,...
and ConocoPhillips
ConocoPhillips
ConocoPhillips Company is an American multinational energy corporation with its headquarters located in the Energy Corridor district of Houston, Texas in the United States...
. The company was formed July 1, 2000 by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company. A 50/50 venture, the company continues to be governed by a board of directors composed of two 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 at 10001 Six Pines Drive in The Woodlands, Texas
The Woodlands, Texas
The Woodlands is a master-planned community and a Census-designated place in the U.S. state of Texas within the metropolitan area. The population of the CDP was 55,649 at the 2000 census—a 90 percent increase over its 1990 population. According to the 2010 census, The Woodlands' population rose...
(a northern suburb of Houston), and is a major producer of ethylene
Ethylene
Ethylene is a gaseous organic compound with the formula . It is the simplest alkene . Because it contains a carbon-carbon double bond, ethylene is classified as an unsaturated hydrocarbon. Ethylene is widely used in industry and is also a plant hormone...
, propylene
Propylene
Propene, also known as propylene or methylethylene, is an unsaturated organic compound having the chemical formula C3H6. It has one double bond, and is the second simplest member of the alkene class of hydrocarbons, and it is also second in natural abundance.-Properties:At room temperature and...
, polyethylene
Polyethylene
Polyethylene or polythene is the most widely used plastic, with an annual production of approximately 80 million metric tons...
, polypropylene
Polypropylene
Polypropylene , also known as polypropene, is a thermoplastic polymer used in a wide variety of applications including packaging, textiles , stationery, plastic parts and reusable containers of various types, laboratory equipment, loudspeakers, automotive components, and polymer banknotes...
, K-Resin(r) SBC, Ryton Polyphenylene sulfide
Poly(p-phenylene sulfide)
Polyphenylene sulfide is an organic polymer consisting of aromatic rings linked with sulfides. Synthetic fiber and textiles derived from this polymer are known to resist chemical and thermal attack. PPS is used to make filter fabric for coal boilers, papermaking felts, electrical insulation,...
(PPS), Alpha-olefin
Alpha-olefin
Alpha-olefins are a family of organic compounds which are olefins or alkenes with a chemical formula CxH2x, distinguished by having a double bond at the primary or alpha position...
s, Polyalphaolefins, aromatic compounds and a range of specialty chemicals.
The company has 4,600 employees worldwide, $7 billion in assets, and 35 manufacturing and research facilities in 9 countries.
See also
- Phillips Disaster of 1989
- Phillips explosion of 1999Phillips explosion of 1999Two contractors were killed and three men were injured in an explosion on the morning of Wednesday, June 23, 1999, at Phillips Petroleum Company's K-Resin plant in its chemical complex at 1400 Jefferson Road, Pasadena, Texas 77506. An alarm sounded at 11:30 am when the blast occurred and a fire...
- Phillips explosion of 2000Phillips explosion of 2000At approximately 1:22 p.m. CT on March 27, 2000, an explosion and fire responsible for one death and 71 injuries occurred at Phillips Petroleum's Houston Chemical Complex at 1400 Jefferson Road, Pasadena, Texas 77506...