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(HOUSTON, TEXAS - Friday, January 06, 2017) HOUSTON, TX—January 6, 2017—The Plaza Group, a leading international petrochemical marketing firm, today announced the acquisition of Truth Chemical. Truth Chemical, founded in 2002 by Joe D. Newcomb, features an extensive portfolio of chemicals, fertilizers, and specialty products. Truth supplies a diverse range of materials across a variety of Market Segments including Agriculture, Chemical Plants, Lawn & Garden, NOx Abatement, Nursery, Oilfield, Paper Mills, Power Plants, Refineries and Specialty Crops.

Randy Velarde, President and Founder of The Plaza Group, said, “the addition of Truth Chemical is an opportunity for immediate growth in clientele, an expansion of our product portfolio and expansion into industries not currently serviced. This acquisition is consistent with our goals for strategic synergistic growth.”

About The Plaza Group

Founded in 1994 and headquartered in Houston, The Plaza Group is a multi-million dollar international marketing company of refinery and petrochemical products. The company is a marketer of certain refining and chemical products for Husky Oil, CEPSA, Mitsui, Olin, Versalis, Shell, Valero, Alon, Goodyear, Southern and Total Petrochemicals.


About The Plaza Group

For inquiries call (800) 876-3738 or visit the company's web site at

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The Plaza Group · 1177 West Loop South, Suite 1450 · Houston, Texas 77027

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