Six Pines Investments

Six Pines Investments is a wholly-owned subsidiary of Chevron Phillips Chemical Company LLC (CPChem). CPChem is itself an independent company jointly owned in equal shares by Chevron Corporation and Phillips 66, two of the largest integrated energy companies in the United States (public record). There is no external ownership or third-party LP base.

Yes. Six Pines is a disclosed investor in the Circulate Capital Ocean Fund, which finances waste management and recycling infrastructure in South and Southeast Asia to reduce ocean plastic pollution. The firm also participates in the Alliance to End Plastic Waste, a global industry consortium that has committed over $1 billion toward plastic waste solutions.

The Golden Triangle Polymers project is an $8.5 billion integrated polymers facility under construction in Orange, Texas. It is a joint venture between CPChem and QatarEnergy, with CPChem holding a 51% equity stake and serving as project operator. As CPChem's investment subsidiary, Six Pines plays a role in structuring and holding these types of strategic project-level investments.

No. Six Pines is a captive corporate investment vehicle funded entirely from CPChem's balance sheet. It does not raise third-party LP commitments, operate pooled funds, or report to external investors. Its mandate is to support the strategic, sustainability, and community objectives of its parent company and ultimate shareholders.

The firm concentrates its direct investments in Texas, particularly around CPChem's operational footprint in the Gulf Coast region. Through its fund commitments — such as the Circulate Capital Ocean Fund — it also gains indirect exposure to international markets in South and Southeast Asia. The Ras Laffan Petrochemicals project, another CPChem-QatarEnergy joint venture, extends the parent company's capital deployment into the Middle East.