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Chevron Phillips Chemical contributes $15 million to Circulate Capital Ocean Fund

December 5, 2019 | 144 views

Chevron Phillips Chemical Company LLC reinforced its commitment to environmental stewardship by making a $15 million investment in the Circulate Capital Ocean Fund (CCOF). This is the world’s first investment fund dedicated to incubating and financing companies and infrastructure that prevent ocean plastic in South and Southeast Asia. “Our company has the vision to help create a fully circular economy where every piece of post-consumer plastic ends up where it should be, finding new uses through recycling, reuse or repurposing,” said Jim Becker, vice president of polymers and sustainability at Chevron Phillips Chemical.

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Established in 1982 and principally serving the oil and gas production industry, WellMark today produces a broad range of liquid and pneumatic controls and valves.WellMark continues to lead the way with green alternatives to help producers meet their EPA Natural Gas STAR Program emission-reduction goals. They are the exclusive licensed manufacturer of the MIZER® Pilot Valve, a device which painlessly converts many high-bleed pneumatic controllers to low-bleed. Other environmentally-conscious products include Solar-powered Chemical Injection Pumps and Mechanical Dump Valves and Controls.

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