• Chem Tech Services provides professional oilfield chemical solutions in the Permian Basin, in resilient Production Chemicals
• The acquisition builds on Brenntag’s sizeable Oil and Gas market position, servicing the thriving energy sector of North America

Brenntag [ISIN DE000A1DAHH0], the global market leader in chemicals and ingredients distribution, today announces the acquisition of Chem Tech Services, Inc., a leading production chemicals provider with proprietary formulations for operators in the energy sector in the Permian Basin, the largest energy producing region in North America. The company will be integrated into Coastal Chemical, a Brenntag platform focused on serving the Upstream, Midstream and Downstream Segments of the Oil and Gas Industry.

Blake Willis, President Coastal Chemical, highlights:  “We are thrilled to welcome Chem Tech into our portfolio. Their deep expertise in oil and gas production chemicals and strong presence in the Permian Basin align perfectly with our strategic vision for growth and innovation. This acquisition strengthens our commitment to delivering high-performance solutions to our customers and reinforces our position as a leader in the energy sector.”

Derek Waters, Co-Owner and President of Chem Tech, comments: “Brenntag presents a perfect new home for Chem Tech as we share a similar vision: to be a leader in the oilfield chemical market that provides exceptional customer service and a great culture for employment. This new and exciting partnership will lead to great opportunities and will accelerate our joint ambition of becoming the best chemical service company in the Permian Basin and beyond.”

Chem Tech Services, Inc. was founded in 1980 in Levelland, Texas, USA. The company provides professional oilfield chemical solutions in Texas and New Mexico. The acquired business has sales of over USD 80 million in the past 12 months.

Signing and closing of the transaction took place simultaneously. Financial details of the acquisition are not being disclosed.

About Brenntag:

Brenntag is the global market leader in chemicals and ingredients distribution. The company holds a central role in connecting customers and suppliers of the chemical industry. Headquartered in Essen, Germany, Brenntag has more than 18,100 employees worldwide and operates a network of around 600 sites in more than 70 countries. In 2024, Brenntag generated sales of 16.2 billion EUR. The two global divisions, Brenntag Essentials and Brenntag Specialties, provide a diversified and broad portfolio of industrial and specialty chemicals and ingredients as well as tailor-made application, marketing and supply chain solutions, technical and formulation support, comprehensive regulatory know-how, and digital solutions for a wide range of industries. Brenntag pursues an ambitious sustainability agenda and is committed to sustainable solutions in its own sector and the industries served. Brenntag shares have been listed at the Frankfurt Stock Exchange since 2010, in the DAX since September 2021. In addition, the Brenntag SE shares are listed in the DAX 30 ESG and DAX ESG Target. For more information, visit www.brenntag.com.

About Coastal Chemical:

Coastal Chemical is a leading provider of technology-based solutions to the Energy Industry. Our value-added service team members are key in solving problems through innovation leading to the safe production and transmission of energy. Coastal’s technical expertise is deployed to create tailored solutions for customers and is deeply involved on the forefront of renewable energy technology. For more information, visit: Coastalchem.com