Clariant invests in an enhanced oil recovery technology and services company
Advertisement
Clariant announced its investment in Ultimate EOR Services, a provider of enhanced oil recovery solutions based on proprietary technologies developed within the Center for petroleum and Geosystems Engineering at The University of Texas at Austin (USA).
The company has made discoveries which have dramatically improved the efficiency of enhanced oil recovery solutions and lowered its costs.
“Our investment in Ultimate EOR Services with its expertise in designing chemical enhanced oil recovery solutions is part of the company’s strategy to further develop and strengthen Clariant’s portfolio with a focus on innovation and high performance solutions”, underlined CEO Hariolf Kottmann.
Most read news
Other news from the department business & finance
Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.