Phillips 66 Completes Fractionator, Sets Sights on Chemical Projects

February 1, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--In the recently passed fourth quarter of 2022, Phillips 66 (NYSE:PSX) (Houston, Texas) completed one of its biggest projects, the construction of a fourth fractionator at its Sweeny Hub in Old Ocean, Texas. But the company isn't standing still and has its sights set on two world-scale chemical projects on the Texas Gulf Coast and in Qatar through its joint venture with Chevron (NYSE:CVX) (San Ramon, California)," target="_blank">, Chevron Phillips Chemical Company (CP Chem) (The Woodlands, Texas).