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 the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections