Texaco and Caltex. Chemicals Operations The company owns a 50 percent interest in its Chevron Phillips Chemical Company LLC (CPChem) affiliate. CPChem produces olefins, polyolefins and alpha olefins and is a supplier of aromatics and polyethylene pipe, in addition to participating in the specialty chemical and specialty plastics markets. As of December 31, 2015, the company owned or had joint-venture interests in 34 manufacturing facilities and 2 research and development centers around the world. In 2015, CPChem completed construction and started commercial operations of a 100,000 metric-ton-per-year expansion of normal alpha olefins production capacity at its Cedar Bayou Plant in Baytown, Texas. The project includes an ethane cracker with an annual design capacity of 1.5 million metric tons of ethylene to be located at the Cedar Bayou facility and two polyethylene units to be located in Old Ocean, Texas, with a combined annual design capacity of 1 million metric tons. Start-up is expected in 2017. Chevron Oronite Company develops, manufactures and markets performance additives for lubricating oils and fuels and conducts research and development for additive component and blended packages. As of December 31, 2015, the company manufactured, blended or conducted research at 10 locations around the world. In 2015, the company progressed construction on a carboxylate plant in Singapore with expected start-up in 2017. The company also maintains a role in the petrochemical business through the operations of GS Caltex, a 50 percent-owned affiliate. GS Caltex manufactures aromatics, including benzene, toluene and xylene. These base chemicals are used to produce a range of products, including adhesives, plastics and textile fibers. GS Caltex also produces polypropylene, which is used to make food packaging, laboratory equipment and textiles. Transportation Pipelines: The company owns and operates a network of crude oil, natural gas, NGL, refined product and chemical pipelines and other infrastructure assets in the United States. In addition, the company operates pipelines for its 50 percent-owned CPChem affiliate. The company also has direct and indirect interests in other U.S. and international pipelines. Shipping: The company's marine fleet includes both U.S. and foreign-flagged vessels. The U.S.-flagged vessels engages primarily in transporting refined products, primarily in the coastal waters of the United States. The foreign-flagged vessels are engaged primarily in transporting crude oil from the Middle East, Southeast Asia, the Black Sea, South America, Mexico and West Africa to ports in the United States, Europe, Australia and Asia, as well as refined products and feedstocks to and from various locations worldwide. In 2015, the company took delivery of two additional LNG carriers in support of its developing LNG portfolio. Other Businesses Research and Technology: The company’s energy technology organization supports upstream and downstream businesses. The company conducts research, develops and qualifies technology, and provides technical services and competency development. The company’s information technology organization integrates computing, telecommunications, data management, cybersecurity and network technology to provide a digital infrastructure to enable its global operations and business processes. The company’s technology ventures company supports its upstream and downstream businesses by bridging the gap between business unit needs and emerging technology solutions developed externally in areas of emerging materials, water management, information technology, power systems and production enhancement. History The company was founded in 1879. It was incorporated in Delaware in 1926. The company was formerly known as Standard Oil Company of California and changed its name to Chevron Corporation in 1984 and then to ChevronTexaco Corporation in 2001. Further, the company changed its name to Chevron Corporation in 2005.
chevron corp (CVX*:Mexico)
6001 Bollinger Canyon Road
San Ramon, CA 94583
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