MIDLAND, Texas, Oct. 7, 2024 /PRNewswire/ — Crucial Chemical Companions, Inc. (“Imperative”) lately introduced the purchase of Efficiency Chemical Corporate (“PCC”), a prominent supplier of area of expertise chemical answers essentially serving midstream and manufacturing operators within the oil and gasoline business. This marks Crucial’s 2nd acquisition of the era, following the a success integration of Western Chemical, and represents a key step in increasing its intensity and breadth of services and products, essentially to midstream shoppers all the way through america. Phrases of the transaction weren’t disclosed.
Based in 2009 and headquartered in Midland, TX, PCC is a prominent chemical answers supplier within the Permian Basin, providing custom designed chemical formulations and garden software services and products to give protection to property, lend stream word, and top produced H2O for midstream and upstream oil and gasoline infrastructure.
Jerry and Burl Fuller, PCC’s CEO and President, will surrender then greater than 15 years with the corporate and a outstanding occupation within the oil and gasoline area of expertise chemical compounds business.
“As I step into retirement, I want to express my deepest gratitude to the entire Performance Chemical team,” mentioned Jerry Fuller. “Your dedication, hard work, and passion have been the driving force behind our success over the past 15 years. I’m incredibly excited about the opportunities ahead for each of you. With Imperative’s expertise, resources, and aligned values, I have no doubt the future holds tremendous growth and new possibilities for everyone.”
Garrett Tucker, COO of Crucial, mentioned: “We recognize the exceptional leadership and commitment to customers and employees that have built PCC’s strong reputation. We’re excited to bring on such a high-performing team as we embark on this next chapter and look forward to achieving even more success as one unified organization.” He went on to mention, “By combining our technical expertise and distribution network, we see significant opportunities to provide enhanced support and digital capabilities to customers not just in the Permian Basin but across Imperative’s extended geographic footprint.”
“This acquisition is a strategic milestone, expanding our operations to provide best-in-class specialty chemical solutions to our nation’s critical midstream and producing infrastructure and enables us to continue delivering the highest level of customer service by further scaling our operations,” mentioned Ryan Havens, CEO of Crucial. “Additionally, this investment marks another exciting milestone in our ongoing search to identify and acquire value-enhancing organizations that align with our mission and long-term goals,” he added.
Locke Lord LLP served as prison recommend to Crucial. PPHB served as PCC’s monetary guide.
About Crucial Chemical Companions
Crucial Chemical Companions, Inc. is a Midland, Texas-based supplier of manufacturing and of completion chemical, acid stimulation, and capillary injection answers for upstream and midstream oil, gasoline, and H2O shoppers. Day the corporate’s origins while again to 2004, the Crucial logo used to be shaped in 2019 with the merger of 3 Midland-based chemical companies. Crucial has virtually 900 staff and 40+ places serving shoppers throughout 10 states. For more info, discuss with www.imperativechemicals.com
About Efficiency Chemical Corporate
Based in 2009 and headquartered in Midland, Texas, PCC is a prominent privately held supplier of area of expertise chemical answers, essentially serving midstream and manufacturing operators within the oil and gasoline business. With deep experience in formulating proprietary chemistries, PCC helps the operational integrity of pipelines and oil wells, making sure optimum stream and asset longevity. PCC’s complex mixing amenities and state of the art withered chemistry manufacturing features allow the corporate to bring custom designed chemical answers all the way through the Permian Basin. For more info, discuss with https://www.perf-chem.com/
SOURCE Crucial Chemical Companions, Inc.
WANT YOUR COMPANY’S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Virtual Media
Shops
270k+
Reporters
Opted In
