Kemira acquires certain assets US firm Polymer Services

Kemira acquires certain assets of US firm Polymer Services

4:38 AM, 10th December 2015
Kemira acquires certain assets of US firm Polymer Services

HELSINKI, FINLAND: Kemira Oyj said that it has acquired certain assets of Polymer Services LLC, a privately owned company, headquartered in Plainville, Kansas, US.

The parties have agreed not to disclose the transaction price.

Polymer Services LLC is a highly specialized company focusing on field application of polymer gel treatments for enhanced or improved oil recovery, using state of the art equipment to blend, apply and monitor the treatments in the field, Kemira said.

“The acquisition demonstrates Kemira’s commitment to and continued investment in the oil & gas industry,” said Tarjei Johansen, president, oil & mining segment, Kemira. “With the acquisition, we are now able to offer not only tailored polymers for gel treatments, but we add the capability to support the oil and gas operators from the design phase through the implementation of the treatment, providing product, equipment and services.”

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