Dorf Ketal completes acquisition
31 March 2023
Seen as growth opportunity
Dorf Ketal, a specialty chemical products and services company, completed the acquisition of Clariant’s North American (NORAM) Land Oil business, which provides chemical technologies and services to the oil and gas industry. The company has now formed DK Energy Services in North America.
The acquisition represents a significant growth opportunity for Dorf Ketal and DK Energy Services. The transaction includes all the assets of Clariant’s NORAM Land Oil business, a team of more than 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 2000 chemical formulations for drilling, production, and stimulation.
“We’re excited to welcome Clariant’s North American team to the Dorf Ketal family and form DK Energy Services,” said Sudhir Menon, chairman, of Dorf Ketal Chemicals India Private Ltd. “This acquisition allows us to further build a foundation in North America that delivers more complete and competitive energy oilfield solutions to customers. We will bring the local application of our global innovation and technology to provide solutions that will safeguard our customers’ assets.”
“Continuing our more than 30-year track record of growth, we are committed to expanding our presence in the North American basins and shales where our customers are located,” said Amilton Tronchin, CEO of Dorf Ketal Chemicals. “We aim to be trusted partners and problem solvers for our customers by bringing them our best-in-the-industry technology and innovation at the best value.”
DK Energy Services will be headquartered in The Woodlands, Texas.