Thread regarding Chevron Corp. layoffs

Why is CVX not expanding its Oronite & Chemicals business which is delivering double digit ROCE.

When compared to our other integrated peers, we don’t talk much of our Chemicals portfolio which is delivering higher returns than rest of CVX especially the petrochemicals and Oronite BU.

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| 1651 views | | 2 replies (last September 29, 2021) | Reply
Post ID: @OP+1cXKrg93

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because it doesn't want to

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Post ID: @7dcn+1cXKrg93

See USGC Cracker #1 - up and running. USGC cracker #2 - FID next year. Qatar Cracker -FID 2023. Billions going into CP Chem. A good call.

Oronite started up new facility in China recently.

Chemicals a little off the main radar for investors, but delivering the mail.

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Post ID: @bdc+1cXKrg93

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