Start up the new propylene splitting unit at the Cedar Bayou facility
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 28 Jan 2022
- Due
- 31 Dec 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Expanding CPChem’s propylene splitting capacity by 1 billion pounds per year with a new unit located at its Cedar Bayou facility. Startup is expected in 2023.”
What we found
Evidence strength A What the grades mean
Later 10-K and 8-K filings state the Cedar Bayou propylene splitter was completed and began operations in the fourth quarter of 2023, within the deadline year.
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A Phillips 66 8-K filed 2024-01-31
“CPChem completed construction and began operations of a 1 billion pounds per year propylene splitter at its Cedar Bayou facility in the fourth quarter.” ✓ confirmed on the page
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A Phillips 66 10-K filed 2024-02-21
“CPChem completed construction and began operations of a 1 billion pounds per year propylene splitter at its Cedar Bayou facility in the fourth quarter of 2023.” ✓ confirmed on the page
Market reaction: the shares moved +1.4% against the S&P 500 over the three sessions around the disclosure (30 Jan 2024 to 2 Feb 2024). What this measures
Checked 15 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Facility other
- Indicative materiality
- Medium rules
- Action
- Start
- Deliverable
- propylene splitting unit
- Target
- 1 billion pounds per year
- Where
- Texas
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2022-PSX-010196 · Corrections policy