HOUSTON (Monday, September 18, 2006) - TPC Group, Inc. (OTC: TXPI.PK) today announced that the Company has scheduled its 2006 annual meeting of stockholders for Wednesday, October 18, 2006. The meeting will be held at 9:00 a.m. at the St. Regis Hotel, 1919 Briar Oaks Lane, Houston, Texas 77027. For room reservations or directions to the hotel, please call 713.840.7600.

During the meeting, stockholders will vote to elect directors to serve on the board of directors of the Company until the Company's 2007 annual meeting of stockholders and to transact such other business as may properly come before the meeting or any adjournment thereof. The meeting will also include a continental breakfast with the Compan's management and board of directors.

Headquartered in Houston, Texas, TPC Group, Inc., is a premier chemical company with more than $1.5 billion in annual sales. The Company provides quality C4 chemical products and services to both local and global industry companies. The Company has manufacturing facilities in the industrial corridor adjacent to the Houston Ship Channel, Baytown and Port Neches, Texas and operates a product terminal in Lake Charles, Louisiana. For more information, visit the Compan's Web site at www.txpetrochem.com.

Cautionary Information Regarding Forward-Looking Statements

Certain oral and written information that the Company may make publicly available from time to time may constitute forward-looking statements. Such statements may relate to future operating results, existing and expected competition, financing and refinancing sources and availability, and plans related to acquisitions or other future expansion activities and capital expenditures. Forward-looking statements involve a number of risks and uncertainties that may significantly affect the Company's liquidity and results in the future and, accordingly, actual results may differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, those related to effects of competition, leverage and debt service, financing and refinancing efforts, litigation and governmental investigations, environmental laws and regulations, general economic conditions and changes in laws or regulations.

CONTACTS: Ruth Dreessen
Robert Whitlow
PHONE: 713-627-7474