HOUSTON (ICIS)--Bayport Polymers, an affiliate of Total Petrochemicals and Refining USA (TPRI), will become the new owner of TPRI’s polyethylene (PE) business effective 1 January 2018, according to a customer letter obtained by ICIS on Monday.
TPRI is part of the refining and petrochemical business of France-headquartered energy major Total SA.
According to the letter, most of TPRI’s business operations will remain largely unchanged despite the name change. Existing agreements with TPRI will be assigned to Bayport Polymers and product names will remain the same.
TPRI operates a 400,000 tonnes/year high density polyethylene (HDPE) plant in Bayport, Texas.