Stock in US' TPC Group will trade on the NASDAQ

03 May 2010 15:39  [Source: ICIS news]

HOUSTON (ICIS news)--The NASDAQ will allow stock in TPC Group to be traded on the exchange, the US company said on Monday.

The company should begin trading on the exchange on Tuesday under the ticker symbol "TPCG", the company said.

Until then, the stock will continue to be traded over the counter, TPC Group said.

"Achieving a national securities exchange listing was a key goal for TPC Group," according to a statement by CEO Charlie Shaver.

"As we continue to successfully execute on our business plan, we believe this listing enhances value for our shareholders, as it should provide increased visibility within the investment community and improve the trading liquidity of our shares."

Formerly known as Texas Petrochemicals, TPC Group produces butadiene (BD) and other niche chemicals derived from C4 hydrocarbons.

For more on BD visit ICIS chemical intelligence
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By: Al Greenwood
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