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Company Description (as filed with the SEC)
Unless the context otherwise requires, references in this report to “PetroLogistics LP,” “the Partnership,” “we,” “our,” “us” or like terms used for periods after the closing of our initial public offering (the “IPO”) on May 9, 2012, refer to PetroLogistics LP. References in this report to the “predecessor,” “we,” “our,” “us” or like terms, when used for periods prior to the closing of our IPO, refer to PL Propylene LLC, our predecessor for accounting purposes. References in this report to “our sponsors” refer to Lindsay Goldberg LLC (or “Lindsay Goldberg”) and York Capital Management (or “York Capital”), which collectively and indirectly own 84% of PetroLogistics GP (our “General Partner”) and own approximately 63% of our common units. Organizational Structure The following chart provides a simplified overview of our organizational structure. ... More ...