August 2, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--As <a href='https://www.phillips66.com/' target='_blank'>Phillips 66</a> (<a href='https://www.nyse.com/quote/XNYS:PSX' target='_blank'>NYSE:PSX</a>) (Houston, Texas) approaches the completion of a fourth natural gas liquids fractionator at its Sweeny Hub in Texas, the company is taking on new on projects. However, the company is taking a different tack on some of these, focusing on chemical projects through <a href='https://www.cpchem.com/' target='_blank'>Chevron Phillips Chemical Company</a> (CPChem) (The Woodlands, Texas), its joint venture with <a href='https://www.chevron.com/' target='_blank'>Chevron Corporation</a> (<a href='https://www.nyse.com/quote/XNYS:CVX' target='_blank'>NYS:CVX</a>) (San Ramon, California), as well as a large renewable fuels undertaking in California.
