Infrastructure Expansion TPC Group to Expand Crude C4 Processing Capacity
The company has approved the capital programme as part of its long term plan for improving infrastructure. By implementing the plan, the firm expects to grow its C4 volumes at more than 8 per cent per year through 2022.
Texas/The USA – TPC Group’s Board of Directors has approved a plan to expand its Crude C4 processing capacity. There was unanimous support for the company’s 2018 capital programme as part of the long range plan to support its continued focus on improving infrastructure, further enhancing reliability, and selectively implementing low-cost debottlenecks.
As part of the company’s long range plan, TPC Group is focused on getting the most out of existing assets and strengthening current capabilities to serve the industry, including processing the increasing C4 supply from both new and expanded ethylene crackers.
The company expects to grow its C4 volumes at more than 8 per cent per year through 2022. TPC Group is a leading producer of value-added products derived from petrochemical raw materials such as C4 hydrocarbons, and provider of critical infrastructure and logistics services along the Gulf Coast region. With revenue of approximately 1.5 billion dollars, the company sells its products into a wide range of performance, specialty and intermediate markets, including synthetic rubber, fuels, lubricant additives, plastics and surfactants.