MOSCOW (MRC) -- Negotiators for Chevron Corp and the United Steelworkers union (USW) are scheduled to meet next week in an effort to end a strike at a San Francisco-area refinery, reported Reuters.
The negotiators are scheduled to meet on Monday, said B.K. White, first vice president of USW Local 12-5, which represents about 500 workers at Chevron's Richmond, California, refinery, who went on strike on Monday.
"We look forward to joining USW Local 5 in discussions next week and at work again soon," Chevron spokesperson Tyler Kruzich said.
Workers were removed from the refinery on Sunday by Chevron after Local 12-5 issued a strike notice to the company following the collapse of talks after union members twice rejected company contract proposals.
The strike began shortly after 12 a.m. PDT on Monday. The previous contract expired on Feb. 1, but was being extended on a rolling 24-hour basis.
The local sought an additional 5% pay increase on top of a 12% raise over four years negotiated by USW International officials and oil refinery owners in February.
As MRC wrote earlier, in August 2021, Chevron and other partners said they are investing in a startup to build modular waste-to-green hydrogen and renewable synthetic fuel facilities in northern California with tentative plans to eventually grow worldwide. The USD20 million investment in Wyoming-based Raven SR is focused on technology to develop combustion-free, green hydrogen for transportation that is cleaner than so-called blue hydrogen derived from natural gas.
We remind that Chevron Phillips Chemical, a joint venture of Phillips 66 and Chevron, will make a final investment decision on a new cracker in far southeast Texas in 2022, followed by an FID in 2023 on an USD8 billion joint venture petrochemical complex along the US Gulf Coast in 2023.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,487,450 tonnes in 2021, up by 13% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market totalled 1,494.280 tonnes, up by 21% year on year. Deliveries of homopolymer PP and PP block copolymers increased, whreas.shipments of PP random copolymers decreased significantly.
Headquartered in San Ramon, California, Chevron Corporation is the the second-largest integrated energy company in the United States and among the largest corporations in the world. Chevron is involved in upstream activities including exploration and production, downstream activities including refining, marketing and transportation, and advanced energy technology. Chevron is also invested in power generation and gasification processes.