Company Intelligence: Chevron Phillips Chemical
Chevron Phillips Chemical | Strategy and Financial Highlights Information from ICIS
Financial highlights: Chevron Phillips Chemical, year ended 31 December
| | 2010 | 2009 | 2008 | 2007 | 2006 |
| Sales ($ m) | 11,204 | 8,406 | 12,646 | 12,534 | 11,839 |
| Operating Profit ($ m) | 1,501 | 707 | 401 | 847 | 1,443 |
| Net Profit ($ m) | 1,388 | 615 | 276 | 719 | 1,349 |
| Total Assets ($ m) | 8,016 | 7,418 | 6,676 | 7,232 | 7,119 |
| R&D ($ m) | 41 | 38 | 40 | 42 | 40 |
| Number of Employees | 4,600 | 4,800 | 5,000 | 5,000 | 5,150 |
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Chevron Phillips Chemical
Company Structure
Chevron Phillips Chemical Company LLC, parent company of CPChem, is a producers of olefins and polyolefins as well as supplying aromatics, alpha olefins, styrenics and specialty chemicals. On 1 July 2000, Phillips (now ConocoPhillips) and Chevron (now ChevronTexaco) completed a 50/50 joint venture combining their worldwide chemicals businesses.
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