Sustainably Growing Shareholder Value
PRODUCT SOLUTIONS STRATEGIC PRIORITIES
Leveraging competitive advantages delivered industry-leading $9 billion of earnings in 20211
STRATEGIC PRIORITIES
Grow high-value products:
Chemical performance products,
lubricants, and biofuels
Improve portfolio value:
increase optionality and
competitiveness
2021 PROGRESS
Delivered record Chemical and Lubricants earnings
Grew Chemical performance product sales 7%
Progressing renewable diesel projects
Started up Corpus Christi Chemical Complex
Delivered >$2 billion in structural cost reductions versus 2019
Addressed less competitive assets with site conversions and >$1 billion of divestments²
Lead in sustainability:
reduce GHG emissions, increase
circularity
Developing detailed emission-reduction roadmaps
Completed first sale of certified circular polymers³
See Supplemental Information for footnotes and definitions.
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