Chevron 2003 Annual Report Download - page 25

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GLOBAL DOWNSTREAM
ChevronTexaco’s downstream businesses re ne crude oil and
market petroleum products around the world. With 21 wholly
owned and af liated fuel re neries, we processed approxi-
mately 2 million barrels of crude oil per day and averaged 3.7
million barrels per day of re ned products sales worldwide
during 2003. Global Downstream is focused on its areas of
strength – the U.S. West Coast, U.S. Gulf Coast, Asia and Latin
America. Worldwide, we have strong recognition through our
Chevron, Texaco and Caltex motor fuel brands.
ChevronTexaco holds a top three position in almost three-
quarters of its markets. We sell our products through a network
of more than 24,000 retail stations, including those of af liate
companies. We are a market leader on the U.S. West Coast and
in South Korea, Australia, Southeast Asia and the Caribbean.
OTHER BUSINESSES
ChevronTexaco, through its 50-50 joint venture Chevron
Phillips Chemical Company LLC, is one of the leading manufac-
turers of petrochemicals. The company has 32 manufacturing
facilities in eight countries and markets chemicals products
including ole ns, polyole ns, aromatics and specialty products.
Chevron Oronite markets more than 500 performance-
enhancing products and supplies one-fourth of the world’s
fuel and lubricant additives. Oronite operates two major
global businesses – lubricating oil additives and fuel addi-
tives. In 2003, it achieved record sales volumes.
ChevronTexaco’s technology companies work together to
deploy technologies that enhance our core businesses (Energy
Technology Company and Information Technology Company);
deliver energy solutions to businesses and public institutions
(Chevron Energy Solutions); and provide opportunities in next-
generation technology (ChevronTexaco Technology Ventures).
ChevronTexaco enhances its technical capabilities through
extensive partnerships with technology companies, universities
and public agencies throughout the world.
For more information about the businesses of ChevronTexaco,
visit our Web site, www.chevrontexaco.com.
GLOBAL PORTFOLIO
WORLDWIDE DOWNSTREAM OPERATIONS
CHEVRONTEXACO
NORTH
AMERICA
LATIN AMERICA &
CARIBBEAN
AFRICA
EUROPE
EURASIA
MIDDLE
EAST
ASIA-PACIFIC