31 October 2005 19:33 [Source: ICIS news]
HOUSTON (ICIS news)--Chevron Phillips Chemical has sold a Port Arthur, Texas cumene unit to Ineos Americas for an undisclosed sum, the companies said on Monday.?xml:namespace>
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Chevron Phillips Chemical said it would provide certain tank operations and maintenance services related to the cumene unit. Cumene is an intermediate used in the production of phenol and acetone.
The Woodlands, Texas-based Chevron Phillips Chemical said it will continue operation of its olefins complex as well as the existing cyclohexane unit at the
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