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...Dow, Exxon, Sasol of South Africa, and CP Chem, the joint venture of Chevron and Phillips 66, have built large crackers along the US Gulf of Mexico coast that will be starting up in 2017 and 2018....
...Chevron reported lower profits from its 50 per cent stake in CP Chem, its joint venture with Phillips 66....
...US companies including ExxonMobil, Dow Chemical and CP Chem, a joint venture of Chevron and Phillips 66, have launched expansion plans, but about 61 per cent of the announced investment comes from non-US...
...The US petrochemicals industry, however, stands at the dawn of what Mr Garland expects to be a long-term upturn, and Phillips 66 stands to benefit through Chevron Phillips Chemical, its 50/50 joint venture...
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