BRIEF-TPC receives proposal from Innospec and Blackstone

Oct 8 (Reuters) - TPC Group Inc :

* Receives non-binding proposal from Innospec Inc and blackstone

* Says all-cash purchase price in the range of $44-46 per share.

* Says equity financing for the proposed acquisition will be provided by a

fund, blackstone capital partners VI, l.p

* Says board of directors will carefully consider and evaluate the non-binding

proposal from Innospec* Source text* Further company coverage

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