Acquisition of Halliburton's Multi-Chem Business by Sterling Specialty Chemicals
Sector: Chemical (Industrial) • Location: United States
Source: Indian Chemical News
Sterling Specialty Chemicals, a Praana Group entity, has signed a definitive agreement to acquire a portion of Halliburton's Multi-Chem business. The Multi-Chem business operates five advanced chemical facilities across the U.S. and the Middle East, including the Desert Rose plant in Jubail, Saudi Arabia, and several U.S. field locations. This acquisition will enhance Sterling's manufacturing, R&D
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Participants
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Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Description
Description | Sterling Specialty Chemicals, a Praana Group entity, has signed a definitive agreement to acquire a portion of Halliburton's Multi-Chem business. The Multi-Chem business operates five advanced chemical facilities across the U.S. and the Middle East, including the Desert Rose plant in Jubail, Saudi Arabia, and several U.S. field locations. This acquisition will enhance Sterling's manufacturing, R&D, and service capabilities, enabling growth beyond traditional oil and gas markets. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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