October 27th, 2022, Muttenz, Switzerland & Mumbai, India: Clariant and Dorf Ketal, two of the world’s leading specialty chemical products and services companies, have today announced a definitive agreement for Dorf Ketal to acquire Clariant’s North American (NORAM) Land Oil business, a provider of chemical technologies and services to the North American oil and gas industry. The transaction announced today is subject to regulatory and other customary closing conditions and is expected to be finalized during the first quarter of 2023.
Clariant’s NORAM Land Oil business, which posted 2021 revenues of USD $113 million, represents an exciting growth opportunity for Dorf Ketal. Once completed, the acquisition will include all the assets of Clariant’s NORAM Land Oil business, including a team of 170 employees in North America, a technology portfolio of more than 40 patent families, and manufacturing units located in Bakersfield, California; Midland, Texas; and Black Hills, Texas producing more than 2,000 formulations for drilling, production, and stimulation.
“This acquisition will bring additional strategic assets, innovative new technology, talented people, and strong customer relationships into Dorf Ketal,” said Sudhir Menon, Chairman, of Dorf Ketal Chemicals India Private Limited. Upon completion, it will enable our continued growth in North America – a significant and growing market for energy services, further aligning with our global focus and commitment to providing innovative services throughout the energy sector.”
“The divestment of the North American Land Oil business is another logical step in repositioning Clariant’s portfolio towards true specialty chemicals and in our sustainability transformation journey. With its strong reputation as a supplier of premium oilfield chemical products and services, its geographical presence, and its solid customer relationships, Dorf Ketal is the right owner for the combined business, for our employees, customers, and other stakeholders”, said Conrad Keijzer, CEO at Clariant.
Ernst & Young India advised Dorf Ketal on this transaction.
September 22nd, 2022, Mumbai: Dorf Ketal is sponsoring the Refining India 2022 event to be held at New Delhi, 10-11 Oct’22. Visit us at Dorf Ketal stall to catch up the innovative technologies- SULSAFETM , SPEEDFLOWTM, MilexTM, MPHTM, RACTM & TANSCIENTTM. Connect with team Dorf Ketal to leverage the benefit of “Make in India” initiative to overcome challenges in Refinery/Petrochemical plant. Vivek Srinivasan (Manager, Technical Services) will be presenting paper on “Innovative desalting chemistry to help expand the crude basket” (11th Oct’22 in Session 7).
June 7th, 2022, Brazil: DORF KETAL LATIN AMERICA LAUNCHES SULSAFE™. One of Dorf Ketal's core values is innovation. After being successfully launched in Asia and already having commercial applications in py-gas furnaces of petrochemical plants, SULSAFE™ technology was launched in Latin America during the WINTER SALES MEETING, which celebrated 20 years of Dorf Ketal Brazil.
The event was attended by Dorf ketal Latin America's downstream sales team and was conducted by Joice Boll (Downstream Technical Support - Global), Vivek Srinivasan (Downstream Technical Support - Global), and Fernanda Amano (Downstream Technical Support – Latin America). The launch section was designed by the Marketing Team of Dorf Ketal Latin America, under the coordination of Reinaldo Nascimento (Marketing Director | LATAM and PFA Global Marketing Lead).
It was the whole technology launch event ever held in the region. The set of technical documents developed by the Technical Support team, led by Parag Shah, produced excellent quality content that served as the basis for the preparation of regulatory documents (PDS, MSDS), TMD (Technical Marketing Document), Case Studies, Ben Duffy Questions, Brochure, Gifts, Surveys, Banner, etc.
SULSAFE™ Technology is innovative and will compete by replacing DMDS/DMS, a market reference product for use as a pre-sulfiding agent for HDT catalysts, and a py-gas furnace coke inhibitor.
For more information about SULSAFE™ Technology, please contact us at https://www.dorfketal.com/contact-us.