For immediate release August 2014
CRODA INTERNATIONAL PLC
Croda strengthens its Oil and Gas portfolio through latest acquisition Global speciality chemical manufacturer Croda, announces the acquisition of JD Horizons Limited, a UK based business specialising in ‘Solutions for Flow Assurance’ technology.
Founded in 1999 JD Horizons is today recognised as a market leader in additive technologies for flow assurance applications for international oil markets supplied under the FlowSolveTM trademark. Croda’s purchase of the trade and assets of the business strengthens its position in oilfield and refinery process chemicals and reinforces its commitment to supplying speciality additives to the oil and gas industry from production through to refinery.
Using Croda’s well-established, global sales, marketing and manufacturing expertise will ensure that existing and new customers of these products will benefit from optimised performance, global technical support and reliable high standards delivered at a local level.
Rick Hanson, Global Managing Director, of Croda Oil & Gas, said: “This is a key strategic acquisition for our oil and gas business as it explores emerging and new markets, which will further build upon our global reach to meet our high growth expectations.”
“This deal represents a breakthrough moment for the FlowSolve business”, comments Dr Jack Dunlop, Founder and Managing Director of JD Horizons. “I cannot imagine a more suitable home for our business and look forward to working with the Croda Oil & Gas business team”.
For more information about Croda Oil & Gas products and services please contact us.
Company contact details: Tel: +44 (0)1405 860551 Email: oilandgas@croda.com Web: www.crodaoilandgas.com Croda International, Cowick Hall, Snaith, Goole, East Yorkshire, DN14 9AA, UK
Notes to editors:
About Croda
Founded in 1925 Croda has developed its position as a leading speciality chemical company producing an unrivalled range of naturally derived products for industry. From personal care to polymer additives, home care to health care, lubricants to crop care, oil and gas to water treatment, Croda technologies is at the heart of the finished products.
About Croda Oil & Gas
Croda Oil & Gas is a global business offering speciality additives into a wide range of applications, providing innovative chemistries to meet the requirements of the field in drilling, completion, stimulation, production and refining applications.
About JD Horizons
JD Horizons was founded in 1999 by Dr Jack Dunlop as a new business venture in speciality chemicals for international oil industry markets. Today JD Horizons primary business activity is centred on the development and marketing of proprietary additive technology for oil industry markets, particularly oilfield chemicals and flow assurance applications, marketed under the FlowSolve trademark.
JD Vistas is a specialist technology and marketing organisation for additives and related technologies in the oil and gas industry.
Company Information:
JD Vistas Limited
Grove House
Provincial Gardens
7 Ryleys Lane
Alderley Edge
Cheshire
UK SK9 7UU
E mail: email@jdvistas.com
Tele: +44 1625 476 762
Contact: Dr Jack Dunlop, Managing Director