These technologies yield high-quality resins that secure exceptional margins, provide low operating costs, and are backed by a multi-million dollar research and development program. As a result, Chevron Phillips Chemical's proprietary technology is licensed in 18 countries, with over 87 reactors licensed and 84 reactors in operation, making Chevron Phillips Chemical’s loop slurry technology the premier choice around the globe for polyethylene polymerization.  Together, Chevron Phillips Chemical and its licensees produce over eight million metric tons of polyethylene per year.