Trecora Resources Stock Company Profile

Description

Trecora Resources primarily manufactures and sells various specialty petrochemical products and synthetic waxes in the United States. The company operates two segments, Petrochemical and Specialty Waxes. The Petrochemical segment produces hydrocarbons and other petroleum based products, including isopentane, normal pentane, isohexane, and hexane used in the production of polyethylene, packaging, polypropylene, expandable polystyrene, poly-iso/urethane foams, and crude oil from the Canadian tar sands, as well as in the catalyst support industry. This segment also owns and operates pipelines. The Specialty Waxes segment offers specialty polyethylene waxes used in the paints, inks, adhesives, coatings, and PVC lubricants markets; and specialized synthetic poly alpha olefin waxes for use as toner in printers, as well as additives for candles. It also provides custom processing services. In addition, Trecora Resources produces copper and zinc concentrates, and silver and gold doré. The company was formerly known as Arabian American Development Company and changed its name to Trecora Resources in June 2014. Trecora Resources was founded in 1967 and is based in Sugar Land, Texas.