ENEOS targets No. 3 spot in butadiene with TPC Holdings purchase

ENEOS Holdings, Inc.’s planned purchase of TPC Holdings, Inc., a U.S. producer of chemicals derived from four-carbon (C4) hydrocarbons, will give the Japanese group the world’s third-largest butadiene production capacity. The Tokyo, Japan-based company announced on 7 August that it would buy TPC through a wholly owned U.S. subsidiary, making the Houston, Texas, U.S.A.-based…

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