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Merichem Technologies completes acquisition of Chemical Products Industries to enhance sulfur treatment capabilities

PRIVATEApr 24, 2024

Acquiring Company

Merichem Technologies

Acquired Company

Chemical Products Industries

HoustonOklahoma CityManufacturingBiotechnologyEnergyRenewable EnergyManufacturingEnergyOil And GasRenewable Energy

Description

Merichem Technologies, a global provider of sulfur treating solutions, has successfully closed the acquisition of Chemical Products Industries (CPI). This acquisition aligns with Merichem Technologies’ strategy to be a leading provider of sulfur treatment solutions across various end markets, integrating CPI’s novel chemistries and product line into its Catalyst Division for a comprehensive suite of sulfur treating solutions.

Quick answer

Merichem Technologies is acquiring Chemical Products Industries, announced April 24, 2024. Merichem Technologies is based in Houston, Texas, United States.

How much did Merichem Technologies pay for Chemical Products Industries?
The deal value was not disclosed.
What does Merichem Technologies do?
Merichem Technologies, acquired by Black Bay in early 2024, is a global provider of sulfur treating solutions, including market-leading technologies such as LO-CAT®, FIBER FILM®, THIOLEX®, MERICAT®, MERICON®, and a..
Where are Merichem Technologies and Chemical Products Industries based?
Merichem Technologies is based in Houston, Texas, United States. Chemical Products Industries is based in Oklahoma City, Oklahoma, United States.

Source: Fundz verified event record.

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Company Information

Company

Merichem Technologies

Location

Houston, Texas, United States

About

Merichem Technologies, acquired by Black Bay in early 2024, is a global provider of sulfur treating solutions, including market-leading technologies such as LO-CAT®, FIBER FILM®, THIOLEX®, MERICAT®, MERICON®, and a suite of proprietary chemical catalysts. The Company has treated sulfur and related impurities for decades, across various end markets that include refining, renewable fuels, biogas, midstream, petrochemical, and other industrial applications.

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Frequently asked

Who acquired Chemical Products Industries?

Chemical Products Industries was acquired by Merichem Technologies, based in Houston. The deal was reported on April 24, 2024. Merichem Technologies is privately held and operates in Manufacturing.

When did Merichem Technologies acquire Chemical Products Industries?

Merichem Technologies's acquisition of Chemical Products Industries was reported on April 24, 2024. Merichem Technologies, a global provider of sulfur treating solutions, has successfully closed the acquisition of Chemical Products Industries (CPI). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chemical Products Industries do?

Chemical Products Industries (CPI) is a provider of novel chemistries for sulfur removal and industrial cleaning applications. It is privately held, operating in Manufacturing, and is based in Oklahoma City.

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