Phillips 66, an energy manufacturing and logistics company, has established operations in the U.S., the U.K., Germany, and beyond. The company operates through four distinct segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream division is responsible for transporting crude oil and other feedstocks, delivery of refined petroleum to market, terminaling and storage services for crude oil and petroleum products, transportation, storage, fractionation, exportation, and marketing of natural gas liquids, and provision of fee-based processing services. Additionally, Phillips 66 gathers, processes, transports, and markets natural gas. The Chemicals unit produces and markets ethylene and other olefin products, aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene, and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products such as gasolines, distillates, aviation fuel, and renewable energy products. The M&S segment buys products for resale and markets refined petroleum products such as gasolines, distillates, and aviation fuels. Additionally, this unit manufactures and markets specialty products, such as base oils and lubricants. The company, whose roots date back to 1875, is headquartered in Houston, Texas.