Total buys BASF’s 60% interest in condensate splitter in Port Arthur, Texas
Houston, March 15, 2021 — Total Petrochemicals & Refining USA, Inc. (TPRI) announced the acquisition of BASF’s 60% interest in the condensate splitter the two companies jointly own (Total: 40%, BASF: 60%) in Port Arthur, Texas.
Located within the Total Port Arthur refinery perimeter, this acquisition will allow Total to immediately capitalize on its access to competitively-priced U.S. light crudes and reinforce the synergies within the refinery.
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