Analysis of information sources in references of the Wikipedia article "TPC Group" in English language version.
The company Texas Olefins bought the Houston operations from Texaco in 1984 and changed its name to Texas Petrochemical. In 2006, Texas Petrochemical bought the Port Neches campus from The Woodlands chemical company Huntsman Corp.
Houston-based TPC Group has a 75-year history in Port Neches and the Port of Houston dating back to 1944 when the legacy plants in Port Neches and Houston were opened by two different companies, the Neches Butane Products Co. and Sinclair Rubber, respectively.
Mike McDonnell, President and Chief Executive Officer,
{{cite press release}}: |last= has generic name (help)Chemical company TPC Group would go private under the plan announced Monday. Stockholders would get $40 per share from investment firms First Reserve Corp. and SK Capital Partners for a total of about $628 million. The company values the sale at $850 million when including the net debt assumed in the deal.
The sale includes a propylene derivatives plant and terminal on 10 acres at 4604 W. Baker Road. The plant manufactures products used in the production of plasticizers, detergents, lube oil additives and antioxidants. ... The Baytown plant, with a capacity to make 160 million pounds of product per year, is the smallest of TPC Group's three manufacturing sites. Its plant near the Houston Ship Channel can make up to 1.5 billion pounds of product per year, and Port Neches can make 900 million pounds per year. The company also operates a butadiene product terminal in Lake Charles, La.
Specialty chemicals maker TPC Group Inc will be taken private by investment funds sponsored by First Reserve Corp and SK Capital Partners for about $627.2 million. ... The deal is valued at about $850 million
{{cite news}}: |author= has generic name (help){{cite news}}: |author= has generic name (help)First Reserve Corp and SK Capital Partners are offering $45 per share for TPC, lower than Innospec's $47.50, but TPC has recommended that its shareholders vote in favor of a deal with the two private equity firms.
{{cite news}}: |author= has generic name (help){{cite news}}: |author= has generic name (help)An early morning blast at a TPC Group complex in Port Neches, Texas, was followed by a series of secondary explosions that shattered windows and blew locked doors off their hinges.
{{cite news}}: |author= has generic name (help)EX-99.1 2 d239173dex991.htm TPC GROUP INC. SLIDE PRESENTATION TPC Group Inc. slide presentation
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