TPC Group Releases First Annual Sustainability Report

HOUSTON, March 11, 2011 /PRNewswire/ -- TPC Group Inc. (Nasdaq: TPCG) today released its first ever Corporate Sustainability Report for 2010, Our Ability to Think Beyond Tomorrow, illustrating its commitment to investors, employees, business partners, environment and the communities in which the Company operates.

The 2010 Sustainability Report profiles the Company's efforts to grow business in economically, environmentally and socially sustainable ways during the Company's fiscal years 2009 and 2010, covering July 2008 through June 2010. The Sustainability Report was completed in conformance with the Global Reporting Initiative (GRI) C-level reporting criteria. The GRI methodology is an internationally recognized and comprehensive process for reporting on commitments to sustainability.  A pioneering approach developed by an independent network-based organization, the GRI framework provides a standardized approach for sustainability reporting that helps organizations transparently measure and communicate economic, environmental and social performance, and facilitates benchmarking. Key principles in its approach include: balance, comparability, accuracy, timeliness, clarity and reliability.

"At TPC Group, we have been steadfast in our efforts to serve all of our stakeholders – investors, customers, employees and the community – not only in our efforts to establish environmentally and socially responsible business practices throughout our organization, but also by working with our business partners, who, like us, are looking to build an industry that is strong because of its sustainability practices," said Charles Shaver, President and CEO of TPC Group.  "Although this is our first published report, our commitment to sustainability and the work we have initiated across our organization has been the foundation of our operations for many years.  We will continue to embrace sustainability concepts to guide us on our path forward."

Performance highlights from the 2010 Sustainability Report include:

Economic Highlights:

• Revenues increased 23 percent compared to fiscal 2009.
• Gross profit increased 33 percent compared to fiscal 2009.
• The Company's common stock began trading on The NASDAQ Capital Market under the symbol "TPCG."

Protecting People and the Environment:

• TPC experienced no process safety incidents during this reporting period.
• Toxic Release Inventory (TRI) emissions to air declined 38 percent and greenhouse gas emissions reduced 33 percent compared to 2006 emissions.
• Compared to the year 2006, TPC had a 47 percent reduction in total releases reported and a reduction 32 percent in releases to air reported.
• TPC's Houston Operations reduced 1,3-butaidene emissions by 76% since 2004.

Making a Difference:

• Community investment totaled more than $210,000 for the reporting period and is an increase of 300 percent in community investment since 2007.
• Education initiatives account for 37 percent of the Company's community investment program.

Find out more about TPC Group's Sustainability Practices.  Log onto www.tpcgrp.com and download a copy of the 2010 Sustainability Report.

About TPC Group

TPC Group Inc. is a leading producer of value-added products derived from niche petrochemical raw materials such as C4 hydrocarbons.  The Company sells its products into a wide range of performance, specialty and intermediate markets, including synthetic rubber, fuels, lubricant additives, plastics and surfactants.  Headquartered in Houston, Texas, and with an operating history of over 68 years, the Company has manufacturing facilities in the industrial corridor adjacent to the Houston Ship Channel, Port Neches and Baytown, Texas and operates a product terminal in Lake Charles, Louisiana. For more information, visit the Company's website at http://www.tpcgrp.com.

SOURCE TPC Group Inc.