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Stock Market & Financial Investment News

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June 30, 2014
11:36 EDTCVX, PSXChevron Phillips Chemical to expand alpha olefins capacity at Cedar Bayou
Chevron Phillips Chemical announced it received board of directors approval and obtained the necessary environmental permit from the Texas Commission on Environmental Quality to expand normal alpha olefins production capacity at its Cedar Bayou plant in Baytown, Texas. This investment will provide an additional 100,000 metric tons per year of capacity. Construction completion is anticipated in July, 2015. Chevron Phillips Chemical is equally owned by an indirect wholly-owned subsidiary of Chevron (CVX) and by wholly-owned subsidiaries of Phillips 66 (PSX).
News For CVX;PSX From The Last 14 Days
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July 21, 2014
09:00 EDTCVXChevron's Pascagoula refinery begins commercial production
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July 16, 2014
12:26 EDTCVXChevron to reduce headcount in Aberdeen, Scotland operations, Reuters says
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