Imperative Chemical Expands with Acquisition of Performance Chemical
(P&GJ) — Imperative Chemical Partners has acquired Performance Chemical Company (PCC), a Midland-based provider of specialty chemical solutions for midstream and production operators in the oil and gas industry.
This acquisition is Imperative's second of the year, following the purchase of Western Chemical, and aims to enhance its services for midstream customers across the U.S. Financial terms were not disclosed.
PCC, founded in 2009, specializes in customized chemical formulations and field services for the Permian Basin, including flow assurance, asset protection, and produced water management for oil and gas infrastructure.
Jerry and Burl Fuller, CEO and President of PCC, are retiring after 15 years in the oil and gas chemical industry. “I’m incredibly excited about the opportunities ahead for the team with Imperative’s expertise and resources,” said Jerry Fuller. “The future holds tremendous growth.”
Imperative’s COO Garrett Tucker praised PCC’s leadership and reputation, saying, “We’re excited to bring on this high-performing team and see significant opportunities to expand our services and digital capabilities.”
Imperative CEO Ryan Havens called the acquisition a strategic move to scale operations and provide enhanced solutions to the nation's midstream infrastructure.
Related News
Related News
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
Comments