Market Overview

Chevron Phillips Chemical Names James Becker Vice President Polymers and Sustainability


Becker becomes first executive to hold a sustainability title

Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical)
announced today that James (Jim) Becker, currently Vice President,
Polymers, will assume an additional role to shape the company's
sustainability strategy. As Vice President, Polymers and Sustainability,
Mr. Becker assumes senior executive responsibility at Chevron Phillips
Chemical for overseeing the company's emerging sustainability strategy.

"Developing a comprehensive, global sustainability strategy is
imperative for our company and our industry," said Mark Lashier,
President and CEO. "We have partnered with organizations across the
globe to ensure that our facilities and employees act in an
environmentally responsible manner at all times. We likewise want our
products used and disposed of properly and look forward to the many
contributions we can make to bolster sustainability efforts here in the
United States and around the world."

In his new capacity, Mr. Becker will coordinate Chevron Phillips
Chemical's commercial and technical resources to focus on internal
sustainability achievements while also identifying and collaborating
with industry groups, NGOs and others to provide leadership and
innovative sustainability solutions for global concerns including
plastics in the environment.

"From new product development, to sustainable practices within our
facilities, we want to be on the forefront of advances that enrich lives
and care for our environment," said Becker. "Chevron Phillips Chemical
is in growth mode and with growth comes the responsibility to do
everything we can to help foster a culture of sustainability with our
own employees, while seeking to partner with organizations around the
world devoted to developing sustainability solutions," Becker concluded.

Mr. Becker began his career with Chevron (NYSE:CVX) in 1980. He
previously served as the Asia Region Manager and Managing Director of
Chevron Phillips Singapore Chemicals, before becoming the Executive
President, Saudi Polymers Company LLC. Prior to his position as Vice
President, Polymers, he served as the Vice President, Specialties. Mr.
Becker also currently sits on the Board of Directors of American
Styrenics LLC.

About Chevron Phillips Chemical Company LLC

Chevron Phillips Chemical Company LLC is one of the world's top
producers of olefins and polyolefins and a leading supplier of
aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping
and polymer resins. With approximately 5,000 employees, the LLC and its
affiliates own $16.5 billion in assets, including 33 manufacturing and
research facilities in seven countries. Chevron Phillips Chemical
Company LLC is equally owned by Chevron U.S.A. Inc., an indirect
wholly-owned subsidiary of Chevron Corporation, and by wholly-owned
subsidiaries of Phillips 66, and is headquartered in The Woodlands,
Texas. For more information about Chevron Phillips Chemical,
Also, follow us on Twitter: @chevronphillips.

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