Drag reducing agent

Infineum to Acquire Entegris’ Pipeline and Industrial Materials Business as Part of its Transformational Growth Strategy

Retrieved on: 
Tuesday, October 11, 2022

Infineum and Entegris, Inc. (NASDAQ: ENTG) today announced that the companies have entered into a definitive agreement for Infineum to acquire Entegris Pipeline and Industrial Materials business (PIM).

Key Points: 
  • Infineum and Entegris, Inc. (NASDAQ: ENTG) today announced that the companies have entered into a definitive agreement for Infineum to acquire Entegris Pipeline and Industrial Materials business (PIM).
  • View the full release here: https://www.businesswire.com/news/home/20221011005439/en/
    We are excited to announce the agreement to acquire Entegris Pipeline and Industrial Materials business.
  • We look forward to welcoming our new colleagues to the Infineum team, said Trevor Russell, CEO.
  • Entegris is a world-class supplier of advanced materials and process solutions for the semiconductor and other high-tech industries.

LiquidPower Specialty Products Inc. and Subsea 7 Acquire Interest in Safe Marine Transfer, LLC

Retrieved on: 
Thursday, July 29, 2021

(SMT) announced that LiquidPower Specialty Products Inc. (LSPI) has taken an equity interest in SMT and has entered a strategic alliance to deliver LSPIs market leading drag reducing agents (DRA) subsea via SMTs patented all electric dual barrier subsea storage and delivery technologies.

Key Points: 
  • (SMT) announced that LiquidPower Specialty Products Inc. (LSPI) has taken an equity interest in SMT and has entered a strategic alliance to deliver LSPIs market leading drag reducing agents (DRA) subsea via SMTs patented all electric dual barrier subsea storage and delivery technologies.
  • The introduction of DRA at the subsea well/drill center has the potential to significantly increase production in a cost-effective manner, by increasing flow rates in existing subsea production lines, subsea gathering lines, and subsea trunk lines.
  • Subsea 7, with its global fleet of marine equipment, marine support, manufacturing, and assembly sites offers an established global delivery team.
  • About LiquidPower Specialty Products Inc. (LSPI)
    LiquidPower Specialty Products Inc. (LSPI), a Berkshire Hathaway Company, is the global leader in the science and application of drag reduction, with over 40 years of experience.

LiquidPower Specialty Products Inc. and Subsea 7 Acquire Interest in Safe Marine Transfer, LLC

Retrieved on: 
Wednesday, July 28, 2021

(SMT) announced that LiquidPower Specialty Products Inc. (LSPI) has taken an equity interest in SMT and has entered a strategic alliance to deliver LSPIs market leading drag reducing agents (DRA) subsea via SMTs patented all electric dual barrier subsea storage and delivery technologies.

Key Points: 
  • (SMT) announced that LiquidPower Specialty Products Inc. (LSPI) has taken an equity interest in SMT and has entered a strategic alliance to deliver LSPIs market leading drag reducing agents (DRA) subsea via SMTs patented all electric dual barrier subsea storage and delivery technologies.
  • The introduction of DRA at the subsea well/drill center has the potential to significantly increase production in a cost-effective manner, by increasing flow rates in existing subsea production lines, subsea gathering lines, and subsea trunk lines.
  • Subsea 7, with its global fleet of marine equipment, marine support, manufacturing, and assembly sites offers an established global delivery team.
  • About LiquidPower Specialty Products Inc. (LSPI)
    LiquidPower Specialty Products Inc. (LSPI), a Berkshire Hathaway Company, is the global leader in the science and application of drag reduction, with over 40 years of experience.

Worldwide Viscosity Reducing Agents Industry to 2026 - Growing Demand From the Oil & Gas Market - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 26, 2021

Viscosity reducing agents are often referred to as drag reducing agents in oil & gas industries, they improve the flow by reducing the frictional energy losses by decreasing the turbulence in the pipeline during crude oil transportation, and processing.

Key Points: 
  • Viscosity reducing agents are often referred to as drag reducing agents in oil & gas industries, they improve the flow by reducing the frictional energy losses by decreasing the turbulence in the pipeline during crude oil transportation, and processing.
  • Viscosity reducing agents help in the free-flowing of crude oil products, finished products, asphalt-crude, aqueous systems, and multiphase systems.
  • The growing urbanization and increasing demand for petroleum-based products are expected to drive the market for the viscosity reducing agents during the forecast period.
  • The aforementioned factors, coupled with government support, are contributing to the increasing demand for viscosity reducing agents market in the Asia-Pacific during the forecast period.

Insights on the Crude Oil Flow Improvers Global Market to 2026 - Featuring Ashland, Baker Hughes and BASF Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, May 24, 2021

Crude oil flow improvers are widely used in oil & gas industries and are expected to grow rapidly during the forecast period.

Key Points: 
  • Crude oil flow improvers are widely used in oil & gas industries and are expected to grow rapidly during the forecast period.
  • Crude oil flow improvers help in the free-flowing of crude oil products, asphalt-crude, and multiphase systems.
  • Crude oil flow improvers include drag-reducing agents, scale, paraffin, asphaltene, hydrate, biocide, hydrogen sulfide, iron sulfide, foam inhibitors, etc., which improve flow efficiency.
  • The aforementioned factors, coupled with government support, are contributing to the increasing demand for crude oil flow improvers market in the Middle-East during the forecast period.

Global Drag Reducing Agent Market Report 2020 - Forecast to 2024 - ResearchAndMarkets.com

Retrieved on: 
Monday, December 14, 2020

The "Global Drag Reducing Agent Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Drag Reducing Agent Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
  • The global drag reducing agent market is poised to grow by $63.33 mn during 2020-2024, progressing at a CAGR of 5% during the forecast period.
  • This study identifies the friction resistance and other excellent properties as one of the prime reasons driving the drag reducing agent market growth during the next few years.
  • This report on the drag reducing agent market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Viscosity Reducing Agents Markets, 2025 - Growing Demand from the Oil & Gas Industry - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 1, 2020

Growing demand from the oil & gas industry along with other drives are driving the market.

Key Points: 
  • Growing demand from the oil & gas industry along with other drives are driving the market.
  • The Viscosity Reducing Agents market is expected to grow during the forecast period owing to the growing demand from the oil & gas industry.
  • Viscosity reducing agents are widely used in oil & gas industries and is expected to grow rapidly during the forecast period.
  • Viscosity reducing agents are often referred to as drag reducing agents in oil & gas industries, they improve the flow by reducing the frictional energy losses by decreasing the turbulence in the pipeline during crude oil transportation, and processing.

Drag Reducing Agent Market | COVID Impact Analysis and Forecast | Technavio

Retrieved on: 
Monday, November 9, 2020

The report offers a detailed analysis of the impact of the COVID-19 pandemic on the drag reducing agent market in optimistic, probable, and pessimistic forecast scenarios.

Key Points: 
  • The report offers a detailed analysis of the impact of the COVID-19 pandemic on the drag reducing agent market in optimistic, probable, and pessimistic forecast scenarios.
  • View the full release here: https://www.businesswire.com/news/home/20201109005504/en/
    Technavio has announced its latest market research report titled Global Drag Reducing Agent Market 2020-2024 (Graphic: Business Wire)
    Enterprises will go through Response, Recovery, and Renew phases.
  • Download a Free Sample Report on COVID-19
    The drag reducing agent market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic.
  • Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technvaio.com/report/drag-reducing-agent-market-industry-ana...
    Drag Reducing Agent Market 2020-2024: Segmentation
    Drag reducing agent market is segmented as below:

The Global Drag Reducing Agent Market is expected to grow by $ 63.33 mn during 2020-2024, progressing at a CAGR of 5% during the forecast period

Retrieved on: 
Monday, September 7, 2020

The analyst has been monitoring the drag reducing agent market and it is poised to grow by $ 63.33 mn during 2020-2024, progressing at a CAGR of 5% during the forecast period.

Key Points: 
  • The analyst has been monitoring the drag reducing agent market and it is poised to grow by $ 63.33 mn during 2020-2024, progressing at a CAGR of 5% during the forecast period.
  • Our reports on drag reducing agent market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
  • The drag reducing agent market analysis includes application segment and geographical landscapes.

Innospec Expands Production of Drag Reducing Agents

Retrieved on: 
Thursday, August 6, 2020

ENGLEWOOD, Colo., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced that it has expanded production capacity for its proprietary Drag Reducing Agents (DRA) technology at its plant in Pleasanton, TX.

Key Points: 
  • ENGLEWOOD, Colo., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced that it has expanded production capacity for its proprietary Drag Reducing Agents (DRA) technology at its plant in Pleasanton, TX.
  • Tom Entwistle, President of Innospec Oilfield Services said;
    We are delighted with the customer response to the performance of our new technology in crude oils.
  • Their commitment to Innospec has allowed us to move forward and commission the second phase of our capacity expansion.
  • Innospec undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.