The Woodlands, Texas — According to state and local development sources, Chevron Phillips Chemical Company plans to invest $98,000,000.00 to build out 378,000 square feet of new space in The Woodlands. The company plans to occupy the new space at 9500 Lakeside Blvd in The Woodlands, on or about 1/1/2025. According to the company website Chevron Phillips Chemical LLC is one of the worlds top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins. With approximately 5,000 employees, the LLC and its affiliates own more than $16.5 billion in assets, including 33 manufacturing and research facilities in seven countries. Chevron Phillips Chemical Company LLC is equally owned by Chevron U.S.A. Inc., an indirect wholly-owned subsidiary of Chevron Corporation, and by wholly-owned subsidiaries of Phillips 66, and is headquartered in The Woodlands, Texas.

To learn more about Chevron Phillips Chemical Company, visit http://cpchem.com/

Company Contact:
Bruce Chinn, President and Chief Executive Officer
https://www.linkedin.com/in/bruce-chinn-7754761/
832-813-4100

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