Reflecting on the past year, I am proud of CPChem’s progress in sustainability, earned by embracing new technologies, championing innovation and staying resolute in our commitment to safe and reliable operations. As we navigate a rapidly changing world, CPChem’s vision remains steady: to be the premier chemical company by delivering long-term value for our stakeholders and pioneering solutions that meet the evolving needs of our global communities.
Safe and Steady
Last year, we recorded the company’s best-ever performance in personal and process safety. CPChem’s track record of safety was again recognized by organizations like American Fuel and Petrochemical Manufacturers, American Chemistry Council and Texas Chemistry Council. These achievements demonstrate the effectiveness of rigorous safety programs like Our Journey to Zero and Operational Excellence and reinforce the positive safety culture that underpins every aspect of our business. Our daily commitment to safety reflects what matters most: caring for each another, protecting our employees and supporting the communities where we live and work.
25 and More
On July 1, 2025, CPChem celebrated its 25th anniversary, marking a quarter-century of excellence in the chemical industry. Having been with CPChem since its inception, I have proudly experienced the company’s incredible growth and success year after year. This milestone is not only a celebration of our past, but a testament to the values, innovation and people that have shaped our journey. As we look ahead, I see great promise in the opportunities on our horizon and I am confident that CPChem’s best years are still to come.
Transformation and Growth
In 2024, employees elevated our Business Transformation efforts by identifying opportunities to improve how we work and engineering future-focused solutions to hone our competitive edge. Incorporating more digital tools and technologies is one of the many transformational efforts unlocking new levels of ingenuity and operational excellence at our manufacturing sites and across the business.
CPChem’s two major growth projects continue to surge past key milestones as each site moves closer to completion. The Ras Laffan Petrochemical Project celebrated 5 million safe work hours in 2024, a remarkable achievement for the project’s 2,000+ workers. In Orange, Texas, construction of the Golden Triangle Polymers facility is now more than half-way complete. The unique Local First approach of this project has directed more than $338 million to local businesses in the Orange County community.
I believe CPChem’s success is rooted in the strength of its people, the clarity of its vision, and the consistency of its values. By maintaining a strong emphasis on safety, innovation and sustainable growth, we are strategically positioned to perform in a dynamic global landscape. I extend my sincere appreciation to all who contribute to our shared achievements, and I look forward to the continued advancement of our mission in the years ahead.
Please enjoy our 2024 sustainability report, Spot on.
Thank you,
Steve Prusak
President & Chief Executive Officer
