Texas Petrochemicals LP Announces New Chief Financial Officer

Texas Petrochemicals LP (TPC) (OTC: TXPI), a Houston-based petrochemical company specializing in C4 hydrocarbons, today announced that it has named Ruth Dreessen to the position of Chief Financial Officer (CFO) of the company. Ms. Dreessen replaces Fred Pevow, who has served as the company's interim CFO since June 2004.

In this role, Ms. Dreessen will oversee all financial, accounting, investor relations and information technology functions for the company.

Ms. Dreessen brings to TPC more than 20 years of experience in financial leadership roles, specifically in the chemical industry. Prior to joining TPC, Ms. Dreessen held numerous senior positions with JP Morgan Chase & Co. (formally Chase Manhattan Corp.). Most recently, Ms. Dreessen served as the CFO and Sr. Vice President for Westlake Chemical Corporation, and served as a member of their Board of Directors. Ms. Dreessen continues to serve as a Board member and as the Chairman of the Audit Committee of Better Minerals & Aggregates, Corp.

"We are honored to have Ms. Dreessen join TPC. Her high level of financial expertise and knowledge of our industry and the capital markets, combined with her proven track record, should serve our company well," said Charlie Shaver, president and CEO of TPC. "As we continue to create a strong foundation for our company, Ruth is anticipated to be a valuable contributor to that process and to the company's growth."

Ms. Dreessen holds a Master's degree from Columbia University and a Bachelor's degree from New College in Florida.

Mr. Pevow will assist Ms. Dreessen and the company to ensure a smooth transition.

"As interim CFO for TPC, Mr. Pevow has been instrumental in the successful transition of the company and the financial performance of TPC," said Shaver. "We appreciate the commitment he has made to TPC and wish him continued success in his next endeavor."

The company is a producer of quality C4 chemical products widely used as chemical building blocks for synthetic rubber, nylon carpets, adhesives, catalysts and additives used in high-performance polymers. The company has manufacturing facilities in the industrial corridor adjacent to the Houston Ship Channel and operates product terminals in Baytown, Texas, and Lake Charles, Louisiana. For more information about the company's products and services, visit the Company online at www.txpetrochem.com.

CONTACT: Sara Cronin PHONE: 713.475.7778