1127399--2/27/2006--CHEVRON_PHILLIPS_CHEMICAL_CO

related topics

{property, intellectual, protect}

{cost, regulation, environmental}

{operation, natural, condition}

{operation, international, foreign}

{product, candidate, development}

{condition, economic, financial}

Our industry is cyclical and volatile. Profitability may be adversely affected by some external factors beyond our control. Extensive environmental, health and safety laws and regulations impact our operations and assets; compliance with, and/or liability under, these laws and regulations could adversely affect our results of operations. The nature of our operations subjects us to hazards which could expose us to the risk of significant liabilities, lost revenues or increased expenses. Our relationships with Chevron and ConocoPhillips are important to our business and a change or termination of such relationship may affect our strategic direction or our financial and operating practices and our financial results may thereby be adversely affected. We purchase substantial portions of our feedstocks from Chevron, ConocoPhillips, an affiliate of ConocoPhillips and one other supplier. Over time, these suppliers may cease or decrease production of the feedstocks we purchase. Our international operations expose us to political, economic and regulatory risks not normally faced by businesses that operate only in the United States. We depend on proprietary technologies to maintain our competitive position. We depend on multiple third parties to assist us in executing our capital program around the world on a timely, cost-effective basis.

Full 10-K form ▸

1127399--2/27/2006--CHEVRON_PHILLIPS_CHEMICAL_CO_LLC