Trecora Resources (TREC)

0.0000 -9.8100 (-100.00%) At close: 04:00PM EDT

Trecora Resources

1650 Highway 6 South
Suite 190
Sugar Land, TX 77478
United States
281-980-5522
https://www.trecora.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full Time Employees: 247

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Patrick D. Quarles	Pres, CEO & Director	987.16k	N/A	1967
Mr. S. Sami Ahmad	CFO & Treasurer	437.3k	N/A	1962
Dr. Peter M. Loggenberg	Chief Commercial & Sustainability Officer	470.97k	N/A	1963
Mr. Christopher A. Groves	Principal Accounting Officer, Corp. Controller & Corp. Sec.	N/A	N/A	N/A
Mr. Michael W. Silberman	Gen. Counsel & Corp. Sec.	N/A	N/A	1971
Mr. Rafael Pons	Chief Manufacturing Officer	N/A	N/A	N/A
Merf Kaufman	Plant Mang.	N/A	N/A	N/A

Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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

Corporate Governance

Trecora Resources’s ISS Governance QualityScore as of May 1, 2022 is 1. The pillar scores are Audit: 4; Board: 2; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.