US TPC Group considers restart of idled dehydrogenation capacity

04 February 2011 14:10  [Source: ICIS news]

TORONTO (ICIS)--TPC Group is considering the restart of one of two idled dehydrogenation units in Houston to produce isobutylene feedstock for its fuels products and performance products, the US chemicals firms said on Friday.

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)

To discuss issues facing the chemical industry go to ICIS connect

By: Stefan Baumgarten
+1 713 525 2653

AddThis Social Bookmark Button

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.

Printer Friendly