LiquidPower Specialty Products Inc.
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LiquidPower Specialty Products Inc. - overview
Established
1973
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
LiquidPower Specialty Products Inc. specializes in manufacturing pipeline drag reducing agents to enhance liquid flow efficiency in pipeline transportation, primarily serving the oil and gas industry. Founded in 1973 and headquartered in Houston, US, LiquidPower Specialty Products Inc. (LSPI) focuses on producing pipeline drag reducing agents.
The company, led by CEO Michael Brown, has developed a range of products since the introduction of its first DRA in 1979, cementing its presence in the energy sector across North America, South America, Europe, and Asia. LiquidPower Specialty Products Inc. (LSPI) is a prominent manufacturer of pipeline drag reducing agents (DRA), which are essential in enhancing the flow efficiency of liquids through pipelines. These specialized chemical additives work by reducing frictional resistance, enabling the transportation of crude oil, refined products, and multi-phase fluids with greater efficiency.
LSPI's flagship product, the first DRA introduced to the market in 1979, has paved the way for a comprehensive portfolio that includes various patented formulations tailored for different fluid types, such as heavy crude and light-medium crude. The company primarily serves the oil and gas industry, with a diverse clientele that includes pipeline operators and energy companies across North America, South America, Europe, and Asia. This extensive client base benefits from LSPI's advanced technical support and consulting services, which ensure optimal DRA application and maintenance in field operations. LSPI generates revenue through direct sales of its DRA products to business clients in the energy sector.
The company's sales transactions primarily fall within a B2B structure, where pipeline operators contract LSPI for the supply of drag reducer products necessary for their operations. These transactions often include service agreements that encompass product supplies along with technical support, facilitating the effective implementation and ongoing optimization of DRA in pipeline systems. The pricing structure for these products is typically based on volume and specific client requirements, with long-term partnerships fostering consistent revenue streams. LSPI's commitment to quality assurance, as evidenced by its ISO 9001:2015 certification, supports its pricing strategy and reinforces its reputation as a trusted supplier in the global market for pipeline drag reducing agents.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
www.liquidpower.com
Total Amount Raised
Subscriber access only
LiquidPower Specialty Products Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Optum Energy Solutions | - |
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