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Chevron Phillips Chemical names Steve Prusak President and Chief Executive Officer streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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Image courtesy of Chevron Phillips Chemical The unit in Old Ocean, TX will have an initial capacity of 266 KTA of on-purpose 1-hexene when the site starts up in 2023. Petrochemical manufacturer Chevron Phillips Chemical unveiled plans Thursday to erect a new world-class production unit for 1-hexene in Old Ocean, TX to foster growth in its alpha olefins business. 1-hexene is utilized in the production of high-performance polyethylene (PE), a material for the production of film and rigid containers, packaging, and other products. The unit has a planned initial capacity of 266 KTA. “As global PE demand continues to grow, this project demonstrates Chevron Phillips Chemical’s commitment to expand with customer needs and remain a leading 1-hexene supplier,” Mitch Eichelberger, executive vice president of polymers and specialties for CPC, said in a release. “Our company is grateful for the support of our customers, elected officials, as ....
Chinn named CEO of materials firm CP Chem Chevron Phillips Chemical Co. Chevron Phillips Chemical Co. has named Bruce Chinn as its new CEO, effective April 1. Chinn currently is president of Chevron Chemicals. Materials maker Chevron Phillips Chemical Co. has named Bruce Chinn as its new CEO, effective April 1. Chinn currently is president of Chevron Chemicals, a unit of CP Chem partner firm Chevron Corp. He s been with Chevron since 2006 and has more than 35 years of chemical industry experience. CP Chem is a major supplier of polyethylene and related feedstocks and specialty chemicals based in The Woodlands, Texas. The firm is a 50-50 joint venture between energy firms Chevron and Phillips 66. CP Chem posted sales of about $8.3 billion in 2020. ....