COVID Stimulus Watch Individual Entry

Recipient Company:
Chevron Phillips Chemical Co LLC / Chevron Phillips Chemical Co LP
Loan or Loan Guarantee Amount:
$2,132,207

Recipient Details

Ownership Structure: joint venture (owned 50-50 by Phillips 66 and Chevron)

Award Details

Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Chevron Phillips Chemical
Headquartered in: Texas
Parent Sector: chemicals
Parent Industry: chemicals

Accountability Issues Since 2010

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Environmental / Healthcare / Safety Penalties: $5,658,307
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Details on Accountability data sources