Momentive Specialty Chemicals’ Oilfield Technology Group Expands Triazine Production Plant
HOUSTON, Texas - (October 22, 2013) - The Oilfield Technology Group (OTG) of Momentive Specialty Chemicals Inc. (“Momentive Specialty Chemicals” or the “Company”) today announced an expansion of its triazine production plant in Diboll, Texas. <?xml:namespace prefix="o" ns="urn:schemas-microsoft-com:office:office"?>
Momentive Specialty Chemicals is a leading supplier of triazine products that are used for hydrogen sulfide (H2S) scavenging in crude oil, natural gas, liquefied petroleum gas, and SAGD (steam-assisted gravity drainage).
The Company’s triazine production plant in Diboll has gone through a significant amount of upgrades. Phase 1 expansion includes additional new blend tanks designed to perform post reactor blends. The additional capacity provides greater flexibility for manufacturing a wide range of products and allows for shorter lead times and increased storage capacity for finished goods. The expansion also increases the plant’s truck loading capability, allowing the Company to easily fulfill large customer orders with shorter lead times.
The plant’s phase 2 expansion plan, scheduled to be completed in the fall of 2014, will add another triazine reactor as well as additional raw materials storage and handling. The additional capacity will essentially double production levels. The additions will support production of current MEA/MMA triazines, along with increasing capabilities to blend in various ingredients to the triazines.
Both phases of the plant expansion will continue to drive the growth and development of new finished products for customers as well as basic formulations to be used as blends. It will allow the handling of significantly greater volumes, expand the range of custom blends, and provide the flexibility to quickly adapt to customer requirements.
“Our expanded triazine production allows us to meet the increasing demands of our customers in the Gulf Coast area” said Jerry Borges, Senior Vice President, Oilfield Technology Group. “The plant will also operate more efficiently, ensuring that we continue to provide our customers with some of the most advanced, high quality triazine products in the industry.”
Momentive Specialty Chemicals provides custom manufacturing of proprietary products for customer specific applications. The Company has an extensive network of plants strategically located in major energy production areas. Logistics capabilities include marine, rail, and trucking. Momentive also maintains a global presence for efficiently delivering these products around the world.
“Momentive Specialty Chemicals remains focused on maintaining the highest levels of quality, safety, and sustainability at all of our plants, while effectively meeting the needs of our customers,” Borges said.
About Momentive’s Oilfield Technology Group
Momentive Specialty Chemicals’ Oilfield Technology Group is a leading provider of innovative technologies for the oil and gas industry. We offer well stimulation solutions with our advanced resin coated proppants and a variety of performance additives for oilfield applications. Our products also include production chemicals for foam control and demulsification along with hydrogen sulfide scavengers for crude oil and natural gas production. Momentive Specialty Chemicals is committed to enhancing its industry leadership and meeting its customers' specific application needs with a total solutions approach of quality products and services. Additional information is available at www.momentive.com/oilfield.
Momentive Performance Materials Holdings LLC (“Momentive”) is the ultimate parent company of Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. Momentive is a global leader in specialty chemicals and materials, with a broad range of advanced specialty products that help industrial and consumer companies support and improve everyday life. Its technology portfolio delivers tailored solutions to meet the diverse needs of its customers around the world. Momentive was formed in October 2010 through the combination of entities that indirectly owned Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. The capital structures and legal entity structures of both Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. (formerly known as Hexion Specialty Chemicals, Inc.) and their respective subsidiaries and direct parent companies, remain separate. Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. file separate financial and other reports with the Securities Exchange Commission. Momentive is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Momentive and its products is available at www.momentive.com.
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R. Steve Verboom
Momentive Specialty Chemicals Inc.
Oilfield Technology Group
+1 281 646 2831 phone
Vice President, Investor Relations & Public Affairs
Momentive Specialty Chemicals Inc.
+1 614 225 2223