THE WOODLANDS, Texas (June 3, 2008) - Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) has been awarded the 2007 Grand Slam Award by the American Association of Railroads. The award is given to companies that achieve the highest level of safety in the transportation of hazardous materials by rail. Only companies recognized by at least four Class 1 North American railroads for having zero non-accidental releases (NAR) in a one year period qualify for this award.
"While the corporate commitment to preventing NARs is critical to the company's distribution safety performance, the credit for this award goes to the employees who load, unload, inspect and maintain our cars," said Steve Vandermolen, Chevron Phillips Chemical global security specialist. "It is on their behalf that we accept this award."
This achievement is significant, given the number of railcars used at Chevron Phillips Chemical's facilities throughout the United States and it was made possible by the company's overall commitment to safety and environmental stewardship.
About Chevron Phillips Chemical Company LP
Chevron Phillips Chemical Company LP is a wholly-owned subsidiary of Chevron Phillips Chemical Company LLC, one of the world's top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins. The LLC and its affiliates own over $7 billion in assets, generate $13 billion in annual revenue and employ over 5,300 people at 37 manufacturing and research facilities, located in seven countries. Chevron Phillips Chemical Company LLC is equally owned by Chevron Corporation and ConocoPhillips, and is headquartered in The Woodlands, Texas. For more information about Chevron Phillips Chemical, visit www.cpchem.com.