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Texas: Borger Chevron plant sold to Belgium company

poandpo.com

The Chevron plant in Borger, Texas is under new ownership reports the Amarillo Globe News

Chevron Phillips Chemical and international giant, Solvay, announced this week they have completed a $220 million deal including Chevron’s Ryton plant.

The Ryton plant makes a component of plastics from chemicals found in natural gas.  Most employees of the facility will transfer to Solvay says a company spokeswoman.

The plant is one component of Chevron Phillips in Borger.  The company will continue to have a presence in the area.