press release

Chevron Press Release - Chevron Chemical Co. LLC To Build Worldscale Normal Alpha Olefin Plant

SAN RAMON, CALIF., Sept. 23, 1998 -- Chevron Chemical Co. LLC today announced that it has received corporate approval to build a worldscale normal alpha olefin (NAO) plant at the companys Cedar Bayou facility in Baytown, Texas. Construction will begin in December, with start-up scheduled for mid-2000.

Using Chevrons proprietary NAO technology, the plant will produce annually 750 million pounds of alpha olefins and is expandable to one billion pounds. The plant will double Cedar Bayous current alpha olefins production capacity of 750 million pounds per year. Chevron Chemical produces a complete line of ultra-pure, linear alpha olefins in 11 distinct carbon-length fractions from C4 through C30+.

NAO product demand is growing, and this new facility will enable us to grow with our customers and reliably meet their future needs, said Chevron Chemical Senior Vice President Darry Callahan. The plant will incorporate our latest technological improvements, resulting in product with higher alpha content and upgraded wax fractions that can be used in more applications, he added.

Alpha olefins are chemical intermediates used to make a variety of products, including polyethylenes, surfactants, synthetic lubricants and additives. New applications continue to be found for these versatile products.

The company selected Bechtel to perform engineering, procurement and construction services.

Chevron Chemical Co. LLC, headquartered in San Ramon, Calif., is a wholly owned subsidiary of Chevron Corp.

Updated: September 1998