July 10, 2018 - 7:00 AM EDT
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Trecora Resources Announces Appointment of Michael Humby as Executive Vice President, Commercial

SUGAR LAND, Texas, July 10, 2018 /PRNewswire/ -- Trecora Resources (NYSE: TREC), a leading provider of high purity specialty hydrocarbons and waxes, today announced the appointment of Michael Humby as Executive Vice President, Commercial effective July 9, 2018. Mr. Humby will lead all of the Company's commercial efforts and report directly to Chief Executive Officer Simon Upfill-Brown.

TREC owns and operates a facility in southeast Texas which specializes in high purity hydrocarbons and other petrochemical manufacturing. TREC also owns and operates a leading manufacturer of specialty polyethylene waxes and provider of custom processing services located in the heart of the Petrochemical complex in Pasadena, Texas. In addition, TREC is a 35% owner of Al Masane Al Kobra Mining Co. For more information please access TREC's website at Trecora.com. (PRNewsFoto/Trecora Resources) (PRNewsfoto/Trecora Resources)

Today's announcement is part of the Company's transformation plan designed to improve performance and deliver returns on the Company's recently completed capital investment program.

Mr. Humby brings more than 30 years of experience in the petrochemical industry with Eastman Chemical Company and PPG to Trecora. During his tenure with Eastman Chemical, he held leadership positions in procurement, sales, marketing, general business management and M&A. Furthermore, he was responsible for all elements of the $2.5 billion Performance Chemicals and Intermediates/Specialty Fluids segment while serving as the Vice President and General Manager of that business. He holds a Bachelor of Science in Chemical Engineering from Queens University, Canada.

"We are excited to welcome Mike to Trecora and are confident his broad experience in the petrochemical industry and leadership of large and complex organizations will aid our ability to improve performance and maximize opportunities in all facets of our business," said Simon Upfill-Brown. "As the company benefits from the added capacity provided by recent capital projects, Mike is specifically tasked with leading our entire commercial team, furthering our initiative to position the organization for growth and building a cultural focus on driving value and volume with an emphasis on marketing in addition to sales. We will leverage his experience and expertise to fully capitalize on the opportunities we see ahead."

"Through the diligent efforts of leadership, Trecora has established a strong team, a robust asset base, and a resilient competitive position in the resurgent U.S. chemicals marketplace," Humby added. "I am thrilled to join the Company, and I look forward to utilizing my experience to contribute to the Company's success."

The Company also announced the resignation of Mark Williamson as Vice President of Marketing for South Hampton Resources effective immediately. "We thank Mark for his contributions to the success of Trecora Resources, and we wish him well in his future endeavors," added Upfill-Brown.

About Trecora Resources (TREC)
TREC owns and operates a facility located in southeast Texas, just north of Beaumont, which specializes in high purity hydrocarbons and other petrochemical manufacturing. TREC also owns and operates a leading manufacturer of specialty polyethylene waxes and provider of custom processing services located in the heart of the Petrochemical complex in Pasadena, Texas. In addition, the Company is the original developer and a 33.4% owner of Al Masane Al Kobra Mining Co., a Saudi Arabian joint stock company.

Investor Relations Contact:
Jean Marie Young
The Piacente Group, Inc.
212-481-2050
[email protected]

 

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SOURCE Trecora Resources


Source: PR Newswire (July 10, 2018 - 7:00 AM EDT)

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