SI Group signs contract to acquire TPC Group's Baytown, Texas manufacturing facility.
International Resource News-September 15, 2016--SI Group signs contract to acquire TPC Group's Baytown, Texas manufacturing facility
(C)1994-2016 ENPublishing - http://www.enpublishing.co.uk
International Resource News - 15 September 2016
SI Group, a global developer and manufacturer of chemical intermediates, specialty resins, and solutions, has signed a contract to acquire TPC Group's Baytown, Texas manufacturing facility.
The contract covers an on-site terminal and manufacturing assets for nonene, tetramer, and other propylene derivatives.
Frank Bozich, SI Group President & CEO, said, 'TPC Group and SI Group have a longstanding partnership that extends beyond 25 years. The addition of the Baytown facility further enhances our global capabilities by reinforcing our security of supply, and enabling SI Group to better serve our customers in downstream markets, such as Fuel, Lubricant, and Oilfield additives. We are committed to the successful integration of this business, as it's a vital component of our growth agenda.'
[Editorial queries for this story should be sent to firstname.lastname@example.org]
((Distributed via M2 Communications - http://www.m2.com))