SI Group, a resin and chemical compound maker and one of the largest private companies in the Albany, New York, region, has reached an agreement to purchase a 10-acre chemical plant near Houston.
The company, which employs more than 2,700 people worldwide, plans to acquire TPC Group’s manufacturing plant in Baytown. The facility includes manufacturing assets for nonene, tetramer and other propylene derivatives, as well as an on-site terminal and excess land adjacent to the facility. Terms of the deal were not disclosed.
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