01 April 2011 11:06 [Source: ICIS news]
LONDON (ICIS)--Clariant has acquired Canada-based oil services firm, Prairie Petro-Chem, for an undisclosed amount, the Swiss company said on Friday.
Terms of the agreement were not disclosed.
“This acquisition strengthens Clariant Oil Services' position as a top-tier global provider of production chemicals and services and greatly enhances our capabilities within
Prairie Petro-Chem operates locations in Weyburn and Oxbow,
In 2010, Prairie Petro-Chem achieved sales of approximately Canadian dollar (C$) 30m ($31m, €22m).
($1 = C$0.97, $1 = C$1.38)
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