Issue Date: September 19, 2016
Clariant acquires two in oil-field chemicals
Clariant will boost its presence in the North American oil-field chemicals sector with the acquisition of two Texas-based companies that add a combined $200 million in annual sales. From Arsenal Capital Partners, Clariant will acquire Kel-Tech, a maker of specialty chemicals for production, field stimulation, and drilling applications. And from NCH Corp., Clariant will get X-Chem, a provider of chemicals for well and pipeline production, completion, and stimulation.
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