Market Updates

ProChem & Greenwell Announce the Merger

December, 2018

Prochem Energy services which is based in United States has acquired Greenwell Energy Solutions’ specialty production chemical division. The merged division will operate under the name ProChem Energy Services. The merged business is anticipated to expand its geographical presence, its product portfolio, and also merge the customer base of both the firms. Owing to the in-house chemical manufacturing, laboratory and blending services the business will offer customized solutions for clients.

As per the CEO and Founder of ProChem Energy Services John Turner, the merger is an apt opportunity for strengthening and expanding its service for the customer. Also, with the merger ProChem positioning has been improved to meet future requirements while serving its customers the best product solutions and improved customer service.

About ProChem - ProChem is one of the leaders in oilfield related chemicals. It is based out in Oklahoma. The firm believes that all resources working are directly responsible towards the customer. The firm majorly focuses on provide customers the best service and solution. The firm was founded in 2014 and its business segments include energy chemicals, oil field chemicals and production chemicals.

About Greenwell - Greenwell Energy Solutions is private firm based out in United States. The firm was founded in 2012. It performs as an independent supplier of specialty chemicals. Some of the various product categories are water treatment chemicals, inhibitors, lubricants, friction reducers, mud additives and remediation. They specialize in engineered chemical solution, oilfield equipment, technology-driven chemical delivery system.

— Vasundhra Singh,
Assistant Research Executive,
Infoholic Research