Trecora LLC, an Affiliate of Balmoral Funds, Acquires Chemtrade’s Lubricant Additives Business in Lawrence, KS
THE WOODLANDS, Texas--(BUSINESS WIRE)--Nov 9, 2023--
Trecora LLC, has acquired the lubricant additives business of Chemtrade based in Lawrence, KS. The business, one of North America’s leading producers of Phosphorus Pentasulfide (P2S5), will be part of Trecora’s Specialty Chemicals business headquartered in the Woodlands, TX.
Trecora is North America's leading producer of high purity hydrocarbons. "We are extremely enthusiastic and committed to working with the talented team in Lawrence, KS to grow and innovate this already great business. This business complements our specialty chemical portfolio with its offering of unique and cost-effective solutions for constantly evolving lubricant requirements," said Brad Crocker, President and CEO of Trecora.