http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20121001:nBw015048a
   AL-JUBAIL, Saudi Arabia--(Business Wire)--Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical) congratulatesSaudi Polymers Company (SPCo) and its joint venture partner, NationalPetrochemical Company (Petrochem), as the joint venture`s manufacturing facilitylocated in Al-Jubail, Saudi Arabia, begins commercial production. "This is an exciting time for the SPCo team, and we are proud to report we`vesafely achieved start-up and commercial production for our new facilities," saidMike Zeglin, executive president of Saudi Polymers Company. "We will now beworking to fill the critical inventory targets needed to ensure our long-termreliability as a supplier of quality products." The integrated SPCo petrochemicals complex includes world-class operating unitsthat are capable of producing Ethylene (1,220 kmta), Propylene (440 kmta),Polyethylene (1,100 kmta), Polypropylene (400 kmta), Polystyrene (200 kmta) and1-Hexene (100 kmta). In addition to direct sales to serve local Saudi demand,SPCo will manufacture products to serve growing world demand outside the Kingdomof Saudi Arabia through its exclusive distributor, Gulf Polymers DistributionCompany, utilizing Chevron Phillips Chemical`s global marketing network. SPCo, which began construction in January 2008, has created approximately 950jobs, with a high percentage being occupied by Saudi nationals. SPCo is a limited liability company incorporated in the Kingdom of Saudi Arabiathat is owned 65 percent by Petrochem, a joint-stock company incorporated in theKingdom of Saudi Arabia and 35 percent by Arabian Chevron Phillips PetrochemicalCompany (ACP), a wholly-owned subsidiary of Chevron Phillips Chemical. About Chevron Phillips Chemical Company LLCChevron Phillips Chemical is one of the world`s top producers of olefins andpolyolefins and a leading supplier of aromatics, alpha olefins, styrenics,specialty chemicals, plastic piping and polymer resins. The LLC and itsaffiliates own more than $9 billion in assets and employ approximately 4,700people at 42 manufacturing and research facilities in eight countries. ChevronPhillips Chemical Company LLC is equally owned by Chevron Corporation andPhillips 66, and is headquartered in The Woodlands, Texas. For more informationabout Chevron Phillips Chemical, visit 
  www.cpchem.com.
   Chevron Phillips Chemical Company LLCMelanie Samuelson, 832.813.4651samuem@cpchem.comCopyright Business Wire 2012