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.
TPRI produces PE, polypropylene (PP), polystyrene (PS) and base chemicals in facilities spread throughout Texas and Louisiana. TPRI is headquartered in Houston, Texas.
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.
By Zachary Moore
Source: ICIS News
Appointed Borealis CEO in 2021, Thomas has led key initiatives including the sale of the nitrogen business, acquisitions of Rialti Spa and Integra Plastics AD, and Borouge’s IPO. He also made the final investment decision for the Borouge 4 plant, set to be the world’s largest polyolefin complex.
The Chemours Co. today named interim CEO Denise Dignam as the company’s permanent CEO and president, as well as a member of the board of directors, effective immediately. Dignam has been interim CEO since late February, when former CEO Mark Newman was placed on leave due to an internal investigation.
Neste Corp. (Espoo, Finland) has completed its organizational change process, announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.