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Business
Innospec Continues Push Into Oil Fields
by Michael McCoy
November 11, 2013
| A version of this story appeared in
Volume 91, Issue 45
The specialty chemical maker Innospec has acquired Bachman Services, a provider of oil-field chemicals and services, from its private owners for an undisclosed sum. With headquarters in Oklahoma City, Bachman has annual sales of about $80 million. In January, Innospec acquired the Louisiana-based oil-field chemicals firm Strata Control Services. CEO Patrick Williams says Innospec has a dual strategy of expanding in oil-field chemicals through acquisition and deployment of its existing technology.
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