Chevron Phillips Chemical Company Gears-Up Old Ocean, Texas, Plant
11/13/2017
The new Old Ocean facility will produce up to 1,000,000 metric tons annually to meet the growing demand for polyethylene from our customers around the globe. These units can produce a wide variety of high quality polyethylene resins ranging from metallocene linear low-density polyethylene (LLDPE) to bi-modal resins for film and pipe products, displaying the wide capability of Chevron Phillips Chemical Company’s proprietary MarTech® technology.
“We announced plans to build these world-scale units in 2011, broke ground in 2014 and today, we are celebrating the successful start-up of commercial operations,” said Mark Lashier, President & CEO. “With these new assets in place, we can penetrate new markets to reach new customers, expand our global presence, and deliver on our growth commitments to our owner companies.”
“Congratulations to CPChem on a milestone that is helping Phillips 66 achieve its vision of providing energy and improving lives,” said Tim Taylor, President of Phillips 66. “The two new polyethylene units on the Texas Gulf Coast will have a global impact, providing the world with plastics for everything from automobile parts to smartphones. At the same time, the project is creating hundreds of new jobs here in the U.S. It’s a win-win that speaks to CPChem’s vision, courage and conviction.”
“CPChem is a critical part of Chevron’s investment strategy, and this Gulf Coast expansion project is an important piece of the U.S. energy value chain that has been revolutionized by shale resources,” said Pierre Breber, Chevron’s executive vice president for Downstream and Chemicals. “The two new polyethylene units enable CPChem to meet the demand for a wide variety of valuable products. Today’s milestone is a testament to the hard work of the entire CPChem organization.”
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024