Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 102

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1
Chunk 102
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 domestic sites in Alabama, Georgia, Illinois, Kansas, Louisiana, Michigan, New Jersey, Ohio, Tennessee and Texas and at two international sites in Canada and Chile.

COMPETITION

OxyChem competes with numerous domestic and international chemical producers. OxyChem’s market position was either first or second in the United States in 2024 for each of the principal basic chemical products it manufactured and marketed as well as for VCM. OxyChem ranks in the top three producers of PVC in the United States. OxyChem’s competitive strategy is to be a low-cost producer of its products in order to compete on price.

OxyChem produced the following products:

Principal ProductsMajor UsesAnnual CapacityBasic ChemicalsChlorineRaw material for EDC, water treatment and pharmaceuticals3.2 million tonsCaustic sodaPulp, paper and aluminum production3.3 million tonsChlorinated organicsRefrigerants (a), silicones and pharmaceuticals1 billion poundsPotassium chemicalsFertilizers, batteries, soaps, detergents and specialty glass0.4 million tonsEDCRaw material for VCM2.1 billion poundsChlorinated isocyanuratesSwimming pool sanitation and disinfecting products150 million poundsSodium silicatesCatalysts, soaps, detergents and paint pigments0.6 million tonsCalcium chlorideIce melting, dust control, road stabilization and oil field services0.7 million tonsVinylsVCMPrecursor for PVC6.2 billion poundsPVCPiping, building materials and automotive and medical products3.7 billion poundsEthyleneRaw material for VCM1.3 billion pounds (b)

(a)Includes 4CPe, a raw material used in making next generation refrigerants with low global warming and zero ozone depletion potential.

(b)Amount is gross production capacity for 50/50 joint venture with Orbia.

OXY 2024 FORM 10-K7

table of contentsBUSINESS AND PROPERTIES

MIDSTREAM AND MARKETING OPERATIONS

GENERAL

Occidental’s midstream and marketing operations primarily support and enhance its oil and gas and chemical businesses. The midstream and marketing segment strives to optimize the use of its gathering, processing, transportation, storage and terminal commitments and to provide access to domestic and international markets. To generate returns, the segment evaluates opportunities across the value chain to provide services to Occidental subsidiaries, as well as third parties. The midstream and marketing segment operates or contracts for services on gathering systems