The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. It debuted as an independent energy company when ConocoPhillips executed a spin-off of its downstream and midstream assets.
Phillips 66 is formed from a 50-50 joint venture Chevron Phillips Chemical Company in 2000. Among the largest US petrochemical firms, the company produces ethylene, propylene, polyethylene, and polypropylene -- sometimes used as building blocks for the company's other products such as pipe. Chevron Phillips Chemical also produces aromatics such as benzene and styrene, specialty chemicals such as acetylene black (a form of carbon black), and mining chemicals. The company has several petrochemical joint ventures in the Middle East, including Saudi Chevron Phillips Company (50%) and Qatar Chemical Company (not quite 50%).
Chevron Phillips Chemical Increases Organosulfur Capacity at Tessenderlo Facility
Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical) has expanded its Tessenderlo, Belgium plant by debottlenecking its production unit for Ethyl Mercaptan (EM) and Tetrahydrothiophene...
Chevron Phillips Chemical Expands Mercaptan Capacity in Europe
Chevron Phillips Chemical Company LLC is expanding its Tessenderlo, Belgium facility. The expansion includes an on-purpose hydrogen sulfide (H2S) unit and additional sulfur-based products capacity.