Chevron Phillips Chemical and QatarEnergy Partner Up in RTW Texas
Chevron Phillips Chemical Company and QatarEnergy are partnering to create an integrated facility soon in Right to Work Orange, Texas. In order to accomplish this, they are investing a total of $8.5 billion toward the project. And as a result, this will create 500 new jobs! So this is exciting news!
From Area Development Magazine:
“Chevron Phillips Chemical and QatarEnergy have collaborated for over 20 years on the assets we operate together in Qatar. We have a great relationship and a proven track record of operating these facilities safely and reliably. […] Our products help make life better for billions of people every day, and they are part of a lower carbon future. This facility will help meet the growing demand for our products and improve the quality of life for the world’s growing global population.” […]
“We work hard to be a good neighbor in the communities where we operate, and we are extremely grateful to the community members and public officials in Orange for their support as we developed this project. […] This facility will contribute to the social and economic fabric of the entire Golden Triangle region of Texas, bringing in thousands of high-paying American jobs and billions of dollars in economic impact. We care deeply about the community of Orange, and we’re thrilled to be bringing jobs and resources to the region with safety and environmental performance at the forefront, as always.”
“We are excited to announce taking the FID on our largest petrochemical investment ever, highlighting QatarEnergy’s integrated position as a major player in the LNG and international exploration sectors, as well as being a global petrochemicals producer. […] This important project will complement QatarEnergy’s growing portfolio, both internationally as well as in the United States, and will help meet growing global demand for polymers. It builds on our long-term and successful partnership with Chevron Phillips Chemical, and we look forward to further collaborations in the future.”
To read the previous Area Development update on Right to Work states, click here.
To read more updates on Right to Work states, click here.