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Halliburton acquires Athlon Solutions

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World Fertilizer,

Halliburton Co. has released a statement claiming that it has acquired Athlon Solutions LLC – a provider of specialty water and process treatment chemicals, customised engineering solutions, and services.

Athlon will become part of the Halliburton Multi-Chem business line – a provider of specialty oilfield chemicals for stimulation, midstream and production customers. In the statement, Halliburton claims that the acquisition will strengthen its chemicals technology, manufacturing, and supply chain. In addition to this, the acquisition improves Multi-Chem’s capabilities to deliver innovative technical solutions to its customers, and provides Halliburton with its first chemical manufacturing plant with full reaction and blending capabilities.

Dale Winger, Vice President of Multi-Chem, said: “The acquisition of Athlon adds complementary technology and brings manufacturing capacity to support Multi-Chem’s current and planned growth.

“Multi-Chem is known for delivering superior customer service and custom chemistry to maximise production and ensure integrity of well and pipeline assets. We are looking forward to joining forces with an outstanding customer-focused team at Athlon that is well respected for its collaborative culture, the quality of its technical solution development, and long-term client relationships based on value creation.”

Tom Amonett, President and CEO of Athlon, added: “This is an exciting time for Athlon’s customers and employees. Athlon’s unique engineered approach to deliver customer value with improved reliability and process optimisation will continue. The combination with Halliburton brings world-class capabilities and creates new opportunities for growth.”

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