TPC Group has entered into a definitive agreement to be acquired by ENEOS Holdings, Inc. ENEOS will acquire TPC Group’s petrochemical operations in Houston, Texas, along with terminal operations in Port Neches, Texas, and Lake Charles, Louisiana. The transaction is expected to strengthen ENEOS Group’s competitiveness in the petrochemical C4 value chain and expand its U.S. operations, aligning with its Fourth Medium-Term Management Plan. TPC Group President and CEO Ed Dineen called the deal a strong endorsement of the company’s people and capabilities. The transaction is subject to customary closing conditions, including regulatory approvals, with closing expected in October 2026.
ENEOS Holdings, Inc.ENEOS acquires TPC Group, expanding its petrochemical C4 value chain and U.S. operations.
TPC Group to be acquired by ENEOS, a strong endorsement of its capabilities.
