Sustainability Report 2023

Sustaining Global Growth

Golden Triangle Polymers

It was a groundbreaking year – literally – for Golden Triangle Polymers. After announcing final investment decision to bring an $8.5 billion world-class, integrated polymers facility to Orange, Texas, the company celebrated with a ceremonial groundbreaking event on March 7, 2023. CPChem manages engineering, procurement and construction for the project and will operate the facility after start-up.

Golden Triangle Polymers launched a new program called Local First, a community economic and workforce development program. The two-part program aims to place the Orange County and Golden Triangle region first when hiring workers, vendors and suppliers for our project. The Local First Job Fair took place in June and attracted nearly 950 jobseekers. A month later, the Local First Vendor and Supplier Fair welcomed an impressive 400 attendees.
SDG #8, Decent Work and Economic Growth

A close up of a golden piece of metal with the text Golden Triangle Polymers (Photo)
Groundbreaking Year for Golden Triangle Polymers

spent on local businesses as of Dec. 31

$272million

Orange County companies on the Local First vendor/supplier list as of Dec. 31

107

residents of the nine-county Golden Triangle region hired as of Dec. 31

958

in charitable giving

$1.7million

in non-charitable community support with improvements to public roads

$30million

Ras Laffan Petrochemical Project

In January 2023, QatarEnergy and Chevron Phillips Chemical Company LLC announced they will proceed with the construction of a $6 billion integrated polymers complex in Ras Laffan Industrial City, Qatar. The 435-acre project site will include one of the largest ethane crackers in the world and two high-density polyethylene derivative units. QatarEnergy holds a 70% stake in the joint venture and CPChem owns 30%. In addition to growing production capacity in the region, the plant will create an estimated 550 full-time positions and 14,000 construction jobs.

CPChem provides project management services to oversee the engineering, procurement and construction of the facility. The facility is designed to use modern, energy-saving technology, which along with other measures, is expected to result in lower greenhouse gas emissions intensity than similar global facilities.

A huge group of employees (Photo)
Ras Laffan Petrochemical Project Highlights
  • 2,080 KTA ethane cracker and two high-density polyethylene derivative units with a total capacity of 1680 KTA
  • Polyethylene units will use CPChem’s MarTECH™ loop slurry process
  • Start-up expected in 2026

1-Hexene at CPChem’s Sweeny, Clemens & Old Ocean Facilities

 

A man giving a speech behind a lectern (Photo)

CPChem welcomed employees, suppliers and community members to a ceremonial ribbon-cutting ceremony in August 2023 at the organization’s second world-scale 1-hexene unit in the U.S. The new unit uses the latest iteration of the company’s proprietary, on-purpose technology to produce exceptional-purity comonomer grade 1-hexene from ethylene.

This investment brings our total U.S. 1-hexene capacity up to 646 thousand tons per annum. The new unit’s location at our Sweeny, Clemens & Old Ocean facilities provides additional flexibility and production capacity to meet anticipated demand from our growing customer base. This project demonstrates CPChem’s commitment to expand with customer needs and remain a leading 1-hexene supplier.

Expanding CPChem's Baytown Facility

A multi-disciplinary team finalized a capital project that added capacity at the Baytown facility, achieving a 16% increase in production with minimal additional energy consumption within the current unit footprint. This project’s success is attributed to the site’s intensely focused and committed team, who recorded nearly two million working hours with zero recordable injuries and finished ahead of schedule.

A portrait of Sarah Earl (Photo)

“This project exemplifies many of CPChem’s values and showcases the talents present within our teams. We exceeded our targets because we worked together and never lost our commitment to keeping people safe.”

Sarah Earl, Program Improvement Manager

Near the end of 2023, the facility commissioned a brand-new propylene unit helping CPChem meet customer demand and maintain its position as the second largest propylene manufacturer in North America. With global propylene demand on the rise, this project reinforces CPChem's commitment to expand to meet customers’ needs and remain a leading propylene supplier.

A facility site (Photo)
A collage of two pictures. One shows a male employee standing on a facility site wearing a helmet and protective glasses and the other a bird standing in water

Our Approach to Sustainability

Our Approach to Sustainability
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Product Sustainability and Circularity

Product Sustainability and Circularity

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