ORANGE, TEXAS (October 31, 2008) - Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) today announced plans to relocate services provided by the company's Orange Technology Center to its Plastics Technology Center in Bartlesville, Oklahoma. The move will combine the team providing technical service for the film and coatings segment of the polyethylene market with the technical service molding and durables polyethylene team in Bartlesville. Once complete, the move is expected to enhance the array of expert technical services that Chevron Phillips Chemical provides its customers.
Relocation of the Orange Technology Center will not affect the manufacturing capabilities of the Orange Plant, which is located on the same site as the Orange Technology Center. The plant produces high-density polyethylene.
"This consolidation of our technical centers will make us more efficient and it is expected to result in more opportunities to share best work practices, enhance communications and improve overall teamwork," said Dave Smith, Chevron Phillips Chemical vice president of polyethylene.
Company officials are currently evaluating options for the employees assigned to the Orange Technology Center including redeployment within the company and relocation packages. The company expects to relocate or redeploy the majority of the affected employees.
About Chevron Phillips Chemical's Orange Plant
Located 114 miles east of downtown Houston near Interstate Highway 10, Chevron Phillips Chemical's Orange Plant has been in operation since 1955. Despite sustaining damage during Hurricane Ike, the plant is now being restored and is expected to begin manufacturing high-density polyethylene again in December.
About Chevron Phillips Chemical Company LP
Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) 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 employ over 5,300 people at 38 manufacturing and research facilities, located in nine 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.