Advertisement
Grab your lab coat. Let's get started
Welcome!
Welcome!
Create an account below to get 6 C&EN articles per month, receive newsletters and more - all free.
It seems this is your first time logging in online. Please enter the following information to continue.
As an ACS member you automatically get access to this site. All we need is few more details to create your reading experience.
Not you? Sign in with a different account.
Not you? Sign in with a different account.
ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Business
PetroLogistics Files For Public Offering
by Alexander H. Tullo
June 27, 2011
| A version of this story appeared in
Volume 89, Issue 26
PetroLogistics has filed a prospectus with the Securities & Exchange Commission for a $600 million initial public offering of stock. PetroLogistics’ main asset is a 1.2 billion-lb-per-year propylene plant that started up in Houston last year using propane dehydrogenation technology. The company had sales of $105.8 million during the first quarter of 2011 to customers including Dow Chemical, Total Petrochemicals, and Ineos. Proceeds from the stock sale will go to PetroLogistics’ private equity sponsors, Lindsay Goldberg LLC and York Capital.
You might also like...
The power is now in your (nitrile gloved) hands
Sign up for a free account to get more articles. Or choose the ACS option that’s right for you.
Already have an ACS ID? Log in
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on Twitter