Using proprietary technology, the plant is designed to produce both highly reactive PIB (HR-PIB), and enhanced PIB (E-PIB), which substitutes for conventional PIB in many applications. The expansion will double the company's existing production capacity, with a significant portion of this capacity committed to long-term contracted customers, but unreserved capacity is available for new customers seeking to expand their PIB supply.
Texas Petrochemicals is the only merchant producer of HR-PIB in North America, where its application is in lubes and fuel additives, and E-PIB, which is used in a variety of product applications, including caulks, sealants, adhesives and cling film.
“Texas Petrochemicals is committed to being the premier supplier of PIB in North America,” said Russ Crockett, Senior Vice President, Commercial, for the company. “New capacity, a broad range of grades, consistent quality and superior service provide us the opportunity to meet customer needs, as well as grow the business to satisfy a growing demand in the marketplace.”
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