MOSCOW (MRC) -- Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical) has announced that Bruce Chinn, currently president, Chevron Chemicals, will become chief executive officer. B.J. Hebert, currently executive vice president and chief operating officer, will become president and chief operating officer, as per the company's press release.
Chinn and Hebert will succeed into the CEO and president roles held by Mark Lashier, who is retiring from Chevron Phillips Chemical. These changes will be effective April 1, 2021.
“It has been a great privilege to serve as president and CEO of Chevron Phillips Chemical,” said Lashier. “From growing our world class international manufacturing asset base to advancing key sustainability initiatives, I am incredibly proud of what we have achieved together. Throughout our 20-year history, we have maintained a culture where employees truly care about each other, our customers and communities, demonstrated by our strong safety, operational and financial performance.”
Chinn is a chemical industry veteran with more than 35 years of relevant experience. He began his career at DuPont where he held positions of increasing responsibility in manufacturing, technical, and business leadership. He joined Chevron in 2006 and held executive leadership roles in refining and at facilities in Venezuela, Richmond, California, and Pascagoula, Mississippi. Chinn is active in his community and industry, currently serving as vice chairman of the American Institute of Chemical Engineers Foundation Board of Trustees and a member of the Executive Leadership Council. He holds a bachelor’s degree in chemical engineering from Texas A&M University.
“Bruce is a proven leader with a multidimensional background in international operations and business, which positions him well to drive the company’s strategy and continue Chevron Phillips Chemical’s trajectory of operational and financial success,” said Kevin J. Mitchell, executive vice president, finance and chief financial officer at Phillips 66 and member of the Chevron Phillips Chemical Board of Directors.
Hebert joined Chevron Phillips Chemical in 2020 as executive vice president and chief operating officer. He has more than 30 years of experience in the chemical industry and served as president of Occidental Chemical (OxyChem) for three years prior to joining Chevron Phillips Chemical. During his tenure with OxyChem, he held numerous roles of increasing responsibility including senior vice president, basic chemicals; vice president and general manager, vinyls; and manufacturing director, chemicals. Hebert began his career with Vista Chemicals, where he served in plant and operations engineering roles. He holds a bachelor’s degree in chemical engineering from McNeese State University and a Master of Business Administration from Southern Methodist University.
“Since he joined Chevron Phillips Chemical last year, B.J. has demonstrated a strong focus on safe, reliable operations and established himself as an energetic and forward-thinking leader,” said Michael E. ("Mike") Coyle, president, Manufacturing, Chevron and member of the Chevron Phillips Chemical Board of Directors. “We look forward to seeing the company continue to thrive under Bruce and B.J.’s leadership.”
As MRC reported earlier, in March 2018, Chevron Phillips Chemical, part of Chevron Corp, successfully introduced feedstock and commenced operations of a new ethane cracker at its Cedar Bayou facility in Baytown, Texas. At peak production, the unit will produce 1.5 million metric tons/3.3 billion lbs. per year. This unit is one of the largest and most energy efficient crackers in the world. In September 2017, the company announced the successful commissioning and start-up of two new Marlex polyethylene (PE) units in Old Ocean, Texas, based on the company’s proprietary MarTech technologies. Together, these assets form the bulk of the company’s US Gulf Coast Petrochemicals Project (USGCPP), which was first announced in 2011.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,220,640 tonnes in 2020, up by 2% year on year. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, polypropylene (PP) shipments to the Russian market reached 1 240,000 tonnes in 2020 (calculated using the formula: production, minus exports, plus imports, excluding producers' inventories as of 1 January, 2020). Supply of exclusively PP random copolymer increased.
Headquartered in San Ramon, California, Chevron Corporation is the the second-largest integrated energy company in the United States and among the largest corporations in the world. Chevron is involved in upstream activities including exploration and production, downstream activities including refining, marketing and transportation, and advanced energy technology. Chevron is also invested in power generation and gasification processes.
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