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Richardson Acquires Control Chemical Corporation, A Manufacturer Of Vegetable Oil-Based Drilling Fluids 사설토토

WINNIPEG, MB, Aug. 10, 2021/CNW/ - Richardson International Limited is satisfied to report the fruitful acquisition of Control Chemical Corporation, a specific producer of naturally safe penetrating liquids and restrictive vegetable oil-based ointments. Before this procurement, Richardson was a minority investor in the organization and has provided crude elements for their items for more than 30 years. 

Matex, Control Chemical Corporation restrictive brand of naturally safe boring liquids. (CNW Group/Richardson International Ltd.) 

"This organization will be advantageous to the two organizations, as verifiably speaking, Richardson is our biggest provider of unrefined canola oil," said John MacPhail (resigning Principal, Control Chemical Corporation). "With oil costs expanding, we are in a novel situation to arrive at new and more broad business sectors for earth safe downhole, force diminishing greases." 

Control Chemical makes all boring liquids – some of which are restrictive and promoted under the Matex brand name – from its 50,000-square foot office in Calgary, Alberta. The organization has a solid establishment and organization of conveyance accomplices in North America, South America, Australia, Africa, South East Asia, Mongolia, Scandinavia, the United Kingdom, Turkey, and Russia. 

"As a worldwide innovator in farming and preparing, this is a special chance to differentiate our business and venture into creative items got from the center products we handle," said Darrell Sobkow (Senior Vice-President, Processing, Food, and Ingredients). "Control Chemical has a solid standing and its Matex image is perceived for predominant execution. Our organizations are very much adjusted and situated for future development." 

Richardson's oilseed pound plant in Lethbridge, Alberta will keep on providing unrefined canola oil stock for Control Chemical items. With a plant oil organization fit for withstanding high temperatures, canola oil-based oils are naturally protected and are perceived for expanding instrument life expectancy, enhancing creation measures, and further developing penetrating center recuperation and pathway adjustment. 

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About Richardson International 

Richardson International Limited is Canada's biggest agribusiness and is perceived as a worldwide innovator in farming and food handling. Situated in Winnipeg, Manitoba, the organization is an overall overseer and merchandiser of all significant Canadian-developed grains and oilseeds and an in an upward direction incorporated processor and producer of oats and canola-based items. In the course of recent many years, Richardson has become a critical part in the worldwide food business, delivering a wide assortment of food items and elements for the retail, food administration, and mechanical business sectors. One of Canada's Best Managed Companies, Richardson keeps on developing, because of the commitment and creative soul of more than 3,100 workers around the world. 

About Control Chemical 

Control Chemical Corporation (1989) is a producer of elite penetrating liquid frameworks and exclusive vegetable oil oils – under the Matex brand name – for more than 25 years. All around the world circulated and exceptionally proficient, Matex items incorporate downhole oils, strength polymers, froths, instrument greases, impact opening stabilizers, string compounds, and non-liquor freeze control liquids. These items are ordinarily utilized in precious stone boring, even directional boring and rotational and percussive boring activities.