CPChem Shutters Texas Polypropylene JV

Chevron Phillips Chemical (CPChem) and Sumitomo Chemical say they will permanently shut down the polypropylene (PP) assets of their joint venture, Phillips Sumika Polypropylene, at Pasdena, TX. The jv has the capacity to produce about 700 million lb/year of PP. All other operations at the CPChem Pasadena plastics complex, including the production of about 3.7 billion lbs/year of PE as well as neohexene and styrene-butadiene copolymer resins, are unaffected by the closing of the PP plant at that facility, CPChem says. Separately, ConocoPhillips plans to include...

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