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April 28, 2015 1:45 AM ET

Chemicals

Company Overview of TPC Group Inc

Company Overview

TPC Group Inc. produces and sells value-added products derived from petrochemical raw materials to chemical and petroleum based companies in North America. The company operates in two segments, C4 Processing and Performance Products. The C4 Processing segment offers butadiene that is primarily used to produce synthetic rubber used in tires and other automotive products; butene-1, which is principally used in the manufacture of plastic resins and synthetic alcohols; raffinates that are primarily used to manufacture alkylate; and methyl tertiary butyl ether, which is principally used as a gasoline blending stock. The Performance Products segment provides high purity isobutylene, which is prima...

500 Dallas Street

One Allen Center

Suite 1000

Houston, TX 77002

United States

Founded in 1943

525 Employees

Phone:

713-627-7474

Key Executives for TPC Group Inc

Chief Executive Officer, President, Director, Chief Executive Officer of TPC Group LLC and President of TPC Group LLC
Age: 56
Chief Financial Officer and Senior Vice President
Age: 47
Senior Vice President of Operations
Age: 55
Principal Accounting Officer, Vice President and Corporate Controller
Age: 64
Senior Vice President of Commercial
Compensation as of Fiscal Year 2014.

TPC Group Inc Key Developments

TPC Group Inc to Report Q4, 2014 Results on Mar 05, 2015

TPC Group Inc announced that they will report Q4, 2014 results at 4:00 PM, US Eastern Standard Time on Mar 05, 2015

TPC Group Inc, Q4 2014 Fixed Income Call, Mar 06, 2015

TPC Group Inc, Q4 2014 Fixed Income Call, Mar 06, 2015

TPC Group Announces Progress on Polyisobutylene Capacity Expansion

TPC Group announced achievement of another significant milestone in its comprehensive expansion program to increase polyisobutylene (PIB) capacity. TPC's Board of Directors has approved funds for the front end engineering and design (FEED) to finalize the design and cost estimate for the installation of a third PIB production unit. This project is targeted to satisfy future industry growth, mainly resulting from anticipated changes in fuel and lubricant additive standards beginning in the second half of 2017. These higher standards are driving substantial growth in demand for highly reactive polyisobutylene, which TPC Group manufactures using its proprietary process. TPC is in discussions with its customers regarding definitive off-take commitments for its third line. In parallel with its third production unit engineering work, TPC continues to debottleneck its PIB capacity. Capacity has increased more than 20% since 2012 with significant progress made in 2014. Additional debottlenecking efforts are continuing in 2015. This debottlenecking effort is targeted to supply the current and near term needs of customers in the lubricant additives, sealants, adhesives and industrial lubricants segments.

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