Economic Performance in 2018

The company’s driver for corporate sustainability is to provide value to our stakeholders. Our 2018 earnings delivered record discretionary distributions to our owners attributed to strong operational performance at our global facilities and the start-up of our U.S. Gulf Coast Petrochemicals Project assets.

Our Vision, Mission and Strategy for the Future includes Sustainable Growth
In 2018, we unveiled a refreshed vision, mission and strategy for the company’s future which included a new trademark Performance by design. Caring by choice.™  This trademark clearly defines who we are as a company, one that is designed to deliver industry-leading performance and has employees who care about each other. As part of the new mission, there is now an emphasis on Sustainable Growth – representative of Chevron Phillips Chemical’s broad view of sustainability, which encompasses our operational, environmental and financial performance as well as the impact we have on our workforce and communities. 

Watch now: How we do business 

Mission: We responsibily manufacture chemicals and polymers the world needs, provide enriching careers and create shareholder value because we care about each other, our work, our customers and our communities.
Core Values: Safety, Respect, Integrity, Drive

​​Operational Excellence Organizational Capability
  • Eliminate high severity/high-potential process and personnel safety events
  • Act as good stewards of the environment
  • Strengthen our safety culture and manage risk
  • Continuously improve our asset reliability and work procedures
  • Deliver quality products and services
  • ​Attract, develop and retain the best people
  • Foster a collaborative workplace of diversity and inclusion where people thrive
  • Provide people with the tools, training and experiences needed to drive their careers
  • Position our people and the organization for long-term success by leveraging our talent management systems
Competitive Advantage Sustainable Growth
  • Capitalize on advantaged feedstocks
  • Exceed our customers’ expectations for service and satisfication
  • Lead the industry in key performance benchmarks through flawless execution
  • Apply cost discipline to optimize our industry position
  • Leverage technology and economies of scale to enhance performance
  • ​Grow earnings and returns
  • Develop and execute compelling investment opportunities
  • Invest in core technologies to increase value
  • Proactively help the world find sustainable solutions
 ​​Learn more about Economic Performance at Chevron Phillips Chemical 
Navigate to our remaining sustainability focal points below to
view progress on Our Path Forward in 2018.
Health & Safety Resource Efficiency Emissions
Integrity & Compliance Product Responsibility Social Enrichment