Chevron Phillips Chemical Company, established in 2000 and headquartered in The Woodlands, Texas, is a joint venture between Chevron Corporation and Phillips 66, focusing on the production of petrochemicals and polymers. The company produces key products such as ethylene, propylene, and a variety of specialty chemicals that serve diverse markets including automotive, consumer goods, and construction.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CPCHEM 3.40% 2026-12-01 USDChevron Phillips Chemical Company | United States | 2026-12-01 | 3.400 | 3.86 |
| CPCHEM 3.70% 2028-06-01 USDChevron Phillips Chemical Company | United States | 2028-06-01 | 3.700 | 4.06 |
| CPCHEM 3.70% 2028-06-01 USDChevron Phillips Chemical Company | United States | 2028-06-01 | 3.700 | 4.06 |
| CPCHEM 5.13% 2025-04-01 USDChevron Phillips Chemical Company | United States | 2025-04-01 | 5.125 | 0.00 |
| CPCHEM 5.13% 2025-04-01 USDChevron Phillips Chemical Company | United States | 2025-04-01 | 5.125 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Chevron Phillips has been an active player in the bond market since its inception, with significant issuances that often coincide with major capital projects. Notable offerings include a $1 billion bond issuance in 2016, aimed at financing expansions in manufacturing capabilities, with yields that typically align favorably against the broader chemical industry. Recent issues have included green bonds, reflecting a commitment to sustainability, and current yields remain competitive, suggesting investor confidence in the company's strategic direction and financial health.