SNF Group Strengthens Oil & Gas Fluids with PfP and Ace Acquisition

SNF, the global leader in water-soluble polymers, has strategically advanced by signing agreements to acquire PfP Industries and Ace Fluid Solutions, with the target closing dates rapidly approaching. These acquisitions are a testament to SNF’s commitment to providing top-tier solutions and highlight their dedication to creating long-term value for their upstream oil and gas customers.

By integrating these companies, SNF significantly boosts its capabilities and strengthens its market position, allowing it to better address the evolving demands of the industry. This strategic move ensures that SNF can continue to deliver innovative, high-quality products and services to its clients. The expanded expertise and resources gained through these integrations enable SNF to enhance its offerings, improve efficiency, and stay ahead of industry trends, ultimately fostering long-term growth and customer satisfaction.

PfP Industries stands as a global leader in 'dry on the fly' and slurry friction reducer technologies and applications, having earned its reputation as a trusted solution provider over decades of service. Their innovative approaches and reliable products have positioned them at the forefront of the industry. Likewise, Ace Fluid Solutions has developed a strong reputation for its expertise in fluid management. Known for offering cutting-edge technologies and exceptional service, Ace Fluid Solutions has become a key player in the Permian Basin. Both companies are renowned for their commitment to innovation and customer satisfaction, making them valuable additions to SNF's portfolio.

Brian Satterfield, VP of SNF Oil and Gas, highlighted that SNF’s recent acquisitions reflect the company’s steadfast dedication to delivering innovative and customized solutions for the oil and gas industry. These acquisitions enable SNF to offer a wide range of friction reducers in the form of emulsions, slurries, or dry products. These can be seamlessly integrated with additional frac fluid chemistries, including surfactants, scale control agents, guar, crosslinkers, and other water treatment products and services. By combining the strengths of PfP, ACE, and SNF, the company now boasts best-in-class product lines and services, positioning them to effectively meet the unique needs of their customers.

SNF is a globally recognized leader in specialty chemicals, renowned for its innovative solutions addressing critical water management, energy efficiency, and environmental sustainability challenges. With a robust presence spanning over 190 countries and a dedicated workforce of 8,150 employees, the company has solidified its position as a pioneer in the industry. SNF's unwavering commitment to research and development has fueled substantial growth, culminating in a remarkable €4.5 billion revenue in 2023. The company's strategic focus on sustainable practices aligns with the global imperative to reduce carbon footprints and conserve natural resources, positioning SNF as a key contributor to a greener future.