Brenntag completed the acquisition of Chem Tech Services.

Brenntag, a global company in chemical distribution, completed the acquisition of Chem Tech Services, a production chemicals provider. Financial terms were not disclosed. “Brenntag presents a perfect new home for Chem Tech as we share a similar vision: to be a leader in the oilfield chemical market that provides exceptional customer service and a great culture for employment. This new and exciting partnership will lead to great opportunities and will accelerate our joint ambition of becoming the best chemical service company in the Permian Basin and beyond,” Derek Waters, Chem Tech Co-Owner and President.