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Chemical Week Magazine :: Business & Finance :: United States/Americas

Solvay to acquire Chemlogics for $1.35 billion

6:59 AM MDT | October 11, 2013 | —Deepti Ramesh and Vincent Valk

Solvay has signed an agreement to acquire privately held Chemlogics (Paso Robles, CA) for $1.35 billion. Chemlogics markets chemicals, blends, and services for the oil and gas industry’s stimulation and cementing segments. Chemlogics, which employs 277 people, had sales of about $500 million over the last 12 months, Solvay says....

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