Company more than triples asset base in two decades, with growing global operations
July 1, 2020, marks the 20th anniversary of Chevron Phillips Chemical, formed when Chevron Corporation and Phillips Petroleum (now Phillips 66) combined their petrochemical operations. As one of the world's top producers of ethylene and polyethylene, with 31 manufacturing and research centers globally, we produce materials that improve quality of life around the world.
Two decades and nearly $17 billion in assets later, this video chronicles our growth as a diverse, global enterprise focused on being the employer, supplier, neighbor and investment of choice in the petrochemical industry. Our strategy to grow where feedstocks are abundant and competitively priced and our workforce of nearly 5,000 talented employees have enabled us to compete globally.
Chevron Phillips Chemical’s tagline — Performance by design. Caring by choice. ™ — tells the story of who we are, a company that is designed to compete in any environment with an employee base that cares about each other, our customers and communities.
Watch the video to learn about us, our culture and where we are headed in the next 20 years. We wish past and present employees a happy anniversary and thank you all for helping establish a legacy we can be proud of and build on for decades to come.