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TPC advances PIB unit

3:10 PM MDT | May 12, 2014

TPC Group (Houston) says its board has approved funds to proceed with the engineering of a third production unit for highly reactive polyisobutylenes at Houston. The capacity will address increased demand spurred by changes in lubricating oil standards. TPC says it expects to garner firm offtake commitments for the third production unit by the end of this year. TPC says it has increased polyisobutylene capacity by more than 15% since 2012, and additional debottlenecking is under...

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