ORG Chem Group has acquired substantially all the assets of MPR Services for an undisclosed sum.
The acquisition further expands Chem Group’s presence within the amines reclamation industry, and will introduce onsite reclamation capabilities delivered through mobile and permanent units.
The combined organizations will be headquartered in Evansville, Indiana with additional facilities in Troy, Indiana, Hot Springs, Arkansas and Alvin, Texas.
MPR is a Texas-based provider of reclamation services, serving customers in the US, Europe and beyond. MPR has been providing permanent and mobile reclamation services to the oil refining, natural gas, LNG facilities, petrochemical and ammonia, syngas industry since 1989, with proprietary technologies built for purifying gas treating amine solutions used for acid gas removal.
Chem Group CEO, Dave Carson, said: “We are excited to welcome the MPR team into our organization. Combining MPR’s expertise and focus with Chem Group’s technical capabilities is a very attractive opportunity. The acquisition strengthens Chem Group’s reclamation value proposition within markets of focus.”
Prior to the acquisition, MPR was a wholly owned subsidiary of Tessenderlo Kerley, a leader in producing and marketing specialty products used in the agriculture, mining, and chemical industries.
Chem Group is a leading fluid service provider to a diversified base of industrial sectors, as well as supplier of specialty products and technical services. Over its 40-year history, Chem Group has developed significant expertise in safe, efficient, and innovative strategies to extract significant residual value from a broad range of materials, driving sustainability in the value chains and markets the company serves. Chem Group is majority owned by an affiliate of private investment firm Owner Resource Group.
For more information visit: www.orgroup.com