04 February 2011 14:10 [Source: ICIS news]
TORONTO (ICIS)--TPC Group is considering the restart of one of two idled dehydrogenation units in ?xml:namespace>
Under a current study, TPC would spend about $5m (€3.7 m) to restart the unit this summer, while “exploring opportunities surrounding the second unit,” it said.
TPC’s dehydrogenation units could, if refurbished, produce on-purpose propylene, isobutylene, butene-1, butadiene, or isoprene from natural gas liquids, the company said without disclosing capacities in terms of pounds or tonnes per year.
"TPC Group has a long history of producing isobutylene using our dehydrogenation assets,” said Micheal Bloesch, vice president of strategic initiatives.
“With butane feedstock availability increasing and the resulting product markets in a structurally short position, we believe that a unique opportunity exists to generate value for our stockholders by returning these assets to service," he added.
($1 = €0.73)
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