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Home > News > Market Flash > SMC Global Acquires International Chemicals LLC

SMC Global Acquires International Chemicals LLC

ECHEMI 2024-11-14

On November 13, SMC Global, a leading manufacturer and supplier of high-quality chemical products and industrial services, announced that it has acquired International Chemicals LLC (ICC). The terms of the acquisition were not disclosed. The move will significantly enhance its presence in the oil and gas and produced water treatment markets. The acquisition combines SMC's existing oilfield business with ICC's operations to create a broader, more innovative portfolio of products and services designed to meet the growing needs of these important industries.

 

Upon completion of the acquisition, ICC will operate as a subsidiary of SMC Global and maintain its strong market position with its state-of-the-art facility in Texas. The eight-acre facility features dedicated application and quality control laboratories, a well-equipped truck fleet, manufacturing capabilities, and 90,000 square feet of warehousing space, all of which support efficient operations and high customer satisfaction.

 

ICC founders Kevin Huber and Adam Feldman expressed enthusiasm for the acquisition, emphasizing its strategic value to both companies. "This acquisition strengthens our commitment to providing innovative and reliable solutions to the oil and gas and produced water treatment industries. By combining our expertise and resources, we are creating a market powerhouse, ready to meet the evolving needs of our customers and seize new opportunities together."

 

The merger will position SMC Global and International Chemicals for continued growth and success. SMC Global has become a major player in the industrial chemicals space, providing creative, flexible and cost-effective solutions to everyday supply chain challenges. The acquisition strengthens SMC's ability to provide comprehensive solutions to the oil and gas industry, especially in the critical area of produced water treatment, an important aspect of modern oil extraction and environmental sustainability.

 

The merger also strengthens SMC's commitment to sustainability, a priority for the oil and gas industry, especially in the treatment and management of produced water, a byproduct of oil and gas production that requires safe and efficient treatment solutions.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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