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Last updated on April 18, 2014 at 21:21 EDT

Latest PetroLogistics LP Stories

2013-06-03 20:20:20

HOUSTON, June 3, 2013 /PRNewswire/ -- PetroLogistics LP (NYSE: PDH) (the "Partnership") announced today that it will temporarily bring down its propane dehydrogenation facility commencing on Saturday, June 8, 2013, for repairs pertaining to two of the eight reactors at the plant. While the facility is down, we will also complete certain other maintenance items. The Partnership believes that all necessary work can be completed in approximately 2 weeks and at a cost of less than $5...

2013-04-24 20:21:27

HOUSTON, April 24, 2013 /PRNewswire/ -- PetroLogistics LP (NYSE: PDH) (the "Partnership"), today announces financial results and a cash distribution for the first quarter of 2013. The distribution for the quarter ended March 31, 2013, is 67 cents per common unit. Total sales in the first quarter were $208.7 million and net income for the quarter was $57.1 million. The Partnership's reported results include certain items that impact comparability of financial results between...

2013-04-05 16:21:01

HOUSTON, April 5, 2013 /PRNewswire/ -- PetroLogistics LP (NYSE: PDH) (the "Partnership") today announced that the Partnership will release its fiscal first quarter 2013 results after the close of the U.S. financial markets on Wednesday, April 24, 2013. The Partnership will hold a conference call to discuss the fiscal first quarter 2013 results on Thursday, April 25, 2013, at 11:00 a.m. EDT. Those who wish to participate in the conference call may do so by dialing (866) 578-5771 and entering...

2013-03-28 12:23:40

HOUSTON, March 28, 2013 /PRNewswire/ -- PetroLogistics LP (NYSE: PDH) (the "Partnership") and its wholly-owned subsidiary, PetroLogistics Finance Corp., announced today the closing of a private placement of $365 million in aggregate principal amount of 6.25% senior unsecured notes due 2020 (the "Notes"), issued at par. The Notes are fully and unconditionally guaranteed by PL Propylene LLC, the Partnership's wholly-owned subsidiary ("PL Propylene"), and will be jointly and severally...

2013-03-22 16:21:18

HOUSTON, March 22, 2013 /PRNewswire/ -- PetroLogistics LP (NYSE: PDH) (the "Partnership") and its wholly-owned subsidiary, PetroLogistics Finance Corp., announced today the pricing of a private placement of $365 million in aggregate principal amount of 6.25% senior unsecured notes due 2020 (the "Notes"), issued at par. The Partnership expects the private placement of the Notes to close on March 28, 2013, subject to the satisfaction of customary closing conditions. The Notes will be fully and...

2013-03-15 16:20:58

HOUSTON, March 15, 2013 /PRNewswire/ -- PetroLogistics LP (NYSE: PDH) (the "Partnership") announced that it and its wholly-owned subsidiary, PetroLogistics Finance Corp. (the "Issuers"), intend to commence a private offering to eligible purchasers of $365 million aggregate principal amount of senior unsecured notes due 2020 (the "Notes"), subject to market conditions. The Notes are expected to be fully and unconditionally guaranteed by PL Propylene LLC, the Partnership's wholly owned...

2013-02-07 12:22:34

HOUSTON, Feb.7, 2013 /PRNewswire/ -- PetroLogistics LP (NYSE: PDH) (the "Partnership") today announced a revision of its fourth quarter record and distribution payment dates. The fourth quarter 2012 distribution of 28 cents per common unit will be paid on February 26, 2013, to unitholders of record on February 19, 2013. About PetroLogistics LP PetroLogistics LP is a limited partnership, which owns and operates the only U.S. propane dehydrogenation facility producing propylene from...

2013-01-22 08:24:49

HOUSTON, Jan. 22, 2013 /PRNewswire/ -- PetroLogistics LP (NYSE: PDH) (the "Partnership"), owner and operator of the only U.S. based propane dehydrogenation facility to produce propylene from propane, today announced that the Partnership will release its fiscal fourth quarter 2012 results after the close of the U.S. financial markets on Wednesday, February 6, 2013. The Partnership will hold a conference call to discuss fiscal fourth quarter 2012 results on Thursday, February 7, 2013, at...

2013-01-09 12:21:21

HOUSTON, Jan. 9, 2013 /PRNewswire/ -- PetroLogistics LP (the "Partnership") announced today that it has successfully completed all repairs to its propane dehydrogenation facility and the facility has resumed propylene production. About PetroLogistics LP PetroLogistics LP is a limited partnership, which owns and operates the only U.S. propane dehydrogenation facility producing propylene from propane. The Partnership's headquarters and operations are located in...

2012-12-18 20:20:24

HOUSTON, Dec. 18, 2012 /PRNewswire/ -- PetroLogistics LP (the "Partnership") announced today that it temporarily brought its propane dehydrogenation facility down for unscheduled repairs on Monday, December 17, 2012 as a result of damage to a compressor. The Partnership believes that all repairs can be completed in approximately 3 weeks and at a cost of approximately $2 million, however, at this time the Partnership cannot provide assurances as to the exact amount of time for repairs or the...