Trecora Resources (TREC)

8.50 +0.02 (+0.24%) At close: 4:00PM EDT

Trecora Resources

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

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full Time Employees: 263

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
Mr. John R. Townsend	Exec. VP & Chief Manufacturing Officer	450.73k	N/A	1954
Dr. Peter M. Loggenberg	Chief 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
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 primarily manufactures and sells various specialty petrochemicals products and specialty waxes in the United States. The company 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, and crude oil from the Canadian tar sands, as well as 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 markets; 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 founded in 1967 and is based in Sugar Land, Texas.

Corporate Governance

Trecora Resources’s ISS Governance QualityScore as of April 30, 2021 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 3.

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.