THE WOODLANDS, TEXAS (May 31, 2006) – Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) announced the recipients of its 2006-2007 dependent scholarship program.  This annual scholarship program offers a total of 30 new scholarships to employees’ dependents, including 25 undergraduate scholarships and five graduate scholarships. The scholarships are renewable for up to three additional years contingent upon satisfactory academic performance as a full-time student and can be used at any accredited university.

“Education is a top priority at Chevron Phillips Chemical,” said Linda Koenig, manager of government and community affairs. “We are proud of the successes of our employees’ children and are pleased to invest in their future through this scholarship program.”

The selection criteria for the scholarships includes students’ academic records, leadership and participation in school and community activities, honors, work experience, statement of goals and aspirations, unusual personal or family circumstances, and an outside recommendation by an advisor, teacher, or employer.

The new scholarship recipients join 72 existing employees’ dependents who are benefiting from Chevron Phillips Chemical’s scholarship program. The company will award a total of $205,000 in scholarships during the 2006-2007 school year.

The 2006-2007 recipients are:

Kelsey Allen	Kayla Knox	Regina Peña
Jimmy Becker	Kevin Kocurek	Jacquelyn Prather
Steven Bone	Courtney Kovalcik	Ashley Roark
Jonathan Bridges	Kelly Lang	Benjamin Roberts
Laura Burgess	Heather Matthews	Kristen Secora
William Collins	David McCauley	Cayla Spears
Cristi Ford	Witney Meissner	Lauren St. Pierre
Colin Frazier	Marisa Melancon	Kathy Telljohann
Lisa Gordon	Tessa Moore	Alison Thompson
Seth Johnson	Katie Orscheln	Anna Waguespack

The recipient of the Rodney Gott Memorial Scholarship was also announced. Erin Pepper, of Borger, Texas received a $5,000 scholarship for the 2006-2007 school year.