# Eneos closes $758M acquisition of TPC Holdings

Eneos Holdings completed its acquisition of TPC Holdings, parent of US-based C4 chemicals processor TPC Group. The acquisition cost is estimated at $758 million. TPC is now a consolidated subsidiary of Eneos, giving the group the world's third-largest butadiene manufacturing capacity.

- Type: Acquisition
- Announced: 2026-11-04
- Where: United States
- Value: $758.0M
- Status: completed
- Capacity: world's third-largest butadiene manufacturing capacity
- 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

- [chemdive.com](https://chemdive.com/japans-eneos-closes-tpc-buyout-taking-third-spot-in-global-butadiene-capacity/), 2026-11-04: "TPC is now a consolidated subsidiary inside Eneos’ High Performance Materials segment."

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