IHS Chemical Week

Markets :: Plastics :: Polypropylene

CPChem to Close PP Joint Venture in Pasadena

7:30 AM MDT | September 20, 2011 | Lindsey Bewley

Chevron Phillips Chemical (CPChem) and Sumika Polymers America (New York) say they will permanently shut the polypropylene (PP) assets of their joint venture, Phillips Sumika Polypropylene Company (PSPC; Pasadena, TX), and cease PSPC operations. The jv has the capacity to produce about 840 million lb/year of PP.   “The company remains focused on running our operation safely for our employees and the community in which we operate,” says Tim Taylor, COO of CPChem. “We are assessing the impact to employees affected by this closing and will...

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