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.