The board of directors for TPC Group approved a
strategic project to produce on-purpose
isobutylene, the US-based petrochemicals company said on
The project includes the refurbishment
and restart of dehydrogenation assets at the companys
The dehydrogenation assets will serve to provide isobutylene
feedstock for TPCs performance
products and fuels business, the company said, including MTBE,
polyisobutylene, high-purity isobutylene and diisobutylene.
The construction is scheduled to be
complete by the second half of 2014.
Upon startup, the plant will produce up to 650 million
lb/year of isobutylene from isobutane, a natural gas liquids feedstock whose production volumes
continue to increase as a result of US shale gas development,
according to the company.
Total capital expenditure for the project is estimated at $265
million, with $25 million of that amount already spent to