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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. The company services PIB markets worldwide, which include both industrial and fuel and lubricant additive markets.
For more information, visit www.txpetrochem.com.