Trecora Resources Initiates Production at Recently Acquired BASF Plant

3 June 2016

Trecora Resources, a leading provider of high purity specialty hydrocarbons and waxes, announced today that it has initiated production at the recently acquired BASF plant adjacent to Trecora Chemical (TC) in Pasadena, Texas. The first production run is a new high purity specialty wax product that could not be handled at TC due to capacity constraints.

Dr. Peter Loggenberg, President of Trecora Chemical, commented, "The BASF facility, which we refer to as 'B Plant,' is being integrated with our TC facility, and we are pleased to be generating revenue within just a few weeks of the acquisition. With B Plant online, we are reviewing several projects that could drive additional revenue this year for TC while also gaining significant operating efficiencies."

B Plant includes production equipment that is similar to TC's plus equipment that broadens TC's capabilities and potential markets. The 6.5-acre site also includes substantial storage capacity, several rail and truck loading sites and utility tie-ins to TC.

 

Source : prnewswire.com