# Eneos Holdings to acquire TPC Group for estimated $1.27B

Japanese conglomerate Eneos Holdings will acquire Houston-based petrochemical company TPC Group for an estimated $1.27 billion. The deal is expected to make Eneos' butadiene production capacity the third largest worldwide.

- Type: Acquisition
- Announced: 2026-08-07
- Where: Houston, Texas, United States
- Value: $1.27B
- Status: announced
- Products: butadiene, raffinate, 1-butene, polybutene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [TPC Group](https://endata.com/companies/1195.md) (target)
- [Eneos Holdings](https://endata.com/companies/15690.md) (acquirer)

## Sources

- [hydrocarbononline.com](https://www.hydrocarbononline.com/doc/eneos-group-to-acquire-tpc-holdings-inc-achieving-the-world-s-rd-largest-butadiene-production-capacity-0001), 2026-08-07: "ENEOS Group will have the world's third-largest butadiene production capacity."
- [bizjournals.com](https://www.bizjournals.com/houston/news/2026/08/07/eneos-acquire-tpc-group-petrochemicals-butadiene.html), 2026-08-07: "Eneos Holdings will acquire Houston petrochemical company TPC Group, expanding its butadiene production capacity to third-largest worldwide."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.