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OCCIDENTAL PETROLEUM CORP DE

For the period ended Dec 31, 2023. Filed Feb 14, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 14, 2024

OXY$55.76-1.1%Stored close · as of Nov 9, 2026

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Contents

Chemical Operations

BUSINESS AND PROPERTIES

CHEMICAL OPERATIONS

GENERAL

OxyChem owns and operates manufacturing plants at 21 domestic sites in Alabama, Georgia, Illinois, Kansas, Louisiana, Michigan, New Jersey, Ohio, Tennessee and Texas and at two international sites in Canada and Chile.

OxyChem competes with numerous other domestic and international chemical producers. OxyChem’s market position was first or second in the United States in 2023 for 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 Capacity
Basic Chemicals
ChlorineRaw material for EDC, water treatment and pharmaceuticals3.2 million tons
Caustic sodaPulp, paper and aluminum production3.3 million tons
Chlorinated organicsRefrigerants (a), silicones and pharmaceuticals1 billion pounds
Potassium chemicalsFertilizers, batteries, soaps, detergents and specialty glass0.4 million tons
EDCRaw material for VCM2.1 billion pounds
Chlorinated isocyanuratesSwimming pool sanitation and disinfecting products150 million pounds
Sodium silicatesCatalysts, soaps, detergents and paint pigments0.6 million tons
Calcium chlorideIce melting, dust control, road stabilization and oil field services0.7 million tons
Vinyls
VCMPrecursor for PVC6.2 billion pounds
PVCPiping, building materials and automotive and medical products3.7 billion pounds
EthyleneRaw 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.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.