# Chevron Phillips Chemical Company

Chevron Phillips Chemical Company is a Corporate Investor based in The Woodlands, United States.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** The Woodlands, United States
- **Region:** North America
- **Address:** The Woodlands, TX, United States
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** cpchem.com
- **LinkedIn:** https://www.linkedin.com/company/chevron-phillips-chemical-company

## Regulatory record

- **Reports private funds:** No

## About

Chevron Phillips Chemical Company was formed as a 50-50 joint venture between Chevron Corporation and Phillips 66. Steve Prusak leads the firm as president and chief executive. The company focuses on petrochemical production and feedstock processing. Asset classes include industrial real estate, ethane and natural gas liquids infrastructure, and equity stakes in downstream joint ventures. Confirmed partnerships include QatarEnergy on the Golden Triangle Polymers and Ras Laffan projects and Trinseo through the Americas Styrenics venture. Operations span North America and Europe with primary manufacturing sites in Texas. The firm lists eight major production facilities in the United States plus one in Belgium. Steve Prusak also holds a board role at the American Chemistry Council. No recent operational events from the last 24 months appear in available records. Ownership remains evenly split between the two corporate parents with no external limited partners disclosed.

## Sectors

- Chemicals

## People

- Steve Prusak — President and CEO

## Questions

### Who runs investment decisions at Chevron Phillips Chemical Company?

Steve Prusak serves as president and CEO and oversees capital allocation across the joint venture's manufacturing and project portfolio.

### How is Chevron Phillips Chemical Company structured relative to its parent companies?

It functions as a 50-50 corporate joint venture between Chevron Corporation and Phillips 66 with no external fund investors disclosed.

### Does Chevron Phillips Chemical Company participate in external fund commitments?

Available records show capital deployed through direct joint ventures and project-level partnerships rather than third-party fund commitments.

### Which regions host Chevron Phillips Chemical Company facilities?

Primary operations are located in Texas, Mississippi, and Belgium.

### What partnerships support Chevron Phillips Chemical Company projects?

Notable partners include QatarEnergy on the Golden Triangle Polymers project and Trinseo through the Americas Styrenics joint venture.

## Related profiles

- [Chevron Pension Fund](https://altss.com/profile/chevron-pension-fund-us)
- [Chevron UK Pension Plan](https://altss.com/profile/chevron-uk-pension-plan)

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Last updated: 2026-06-03T20:00:00.000Z

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