Hexion Completes Canadian Proppant Manufacturing Plant Expansion
HOUSTON–(BUSINESS WIRE)–The Oilfield Technology Group (OTG) of Hexion Inc. (Hexion) today
announced the completion of its resin coated proppant manufacturing
plant expansion in Canada. This expansion provides a more efficient
supply of proppants to service companies and operators in the oil and
gas industry.
Hexion’s proppant plant located in Sturgeon County, north of Fort
Saskatchewan, Alberta, Canada has significantly increased its capacity
and logistics capability to efficiently service the Canadian market.
Working with their primary rail service provider, CN Rail, Hexion has
expanded and redesigned the Sturgeon plant’s rail yard to accommodate
over 100 rail cars. This expansion, along with the production capacity
enhancements, will significantly improve logistics and allow for quicker
response to market demand. Whether it’s direct shipments from the plant
or through their industry-leading transloading network, Hexion has the
solution to meet the specialty proppant needs in the Western Canadian
Sedimentary Basin.
“This expansion increases our manufacturing and delivery capabilities to
meet the needs of our customers in Canada,” said Jerry Kurinsky, Senior
Vice President and General Manager, OTG. “These investments demonstrate
our continued commitment to our customers as the market recovers.”
This manufacturing plant produces a variety of products such as kRT™ 100
resin coated sand. These proppants are used to stimulate microfractures
within the reservoir and extend propped fracture length. They also
provide all the traditional benefits of resin coated proppants such as
reducing proppant flowback and creating fewer proppant fines than
uncoated frac sand.
About Hexion’s Oilfield Technology Group
Hexion’s Oilfield Technology Group is a leading provider of innovative
technologies for the oil and gas industry. We offer well stimulation
solutions with our advanced resin coated proppants and a variety of
performance additives for oilfield applications. Our products also
include production chemicals such as hydrogen sulfide scavengers for
crude oil and natural gas production. Hexion is committed to enhancing
its industry leadership and meeting its customers' specific application
needs with a total solutions approach of quality products and services.
Additional information is available at www.hexion.com/oilfield.
About the Company
Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset
resins. Hexion Inc. serves the global wood and industrial markets
through a broad range of thermoset technologies, specialty products and
technical support for customers in a diverse range of applications and
industries. Hexion Inc. is controlled by investment funds affiliated
with Apollo Global Management, LLC. Additional information about Hexion
Inc. and its products is available at www.hexion.com.
®, ™ and SM are trademarks owned by or licensed to Hexion Inc.
Contacts
Hexion Inc.
Media:
R. Steve Verboom, +1 281-646-2831
Marketing
Communications Manager
Oilfield Technology Group
[email protected]
or
Investors:
John
R. Kompa, +1 614-225-2223
Vice President, Investor Relations &
Public Affairs
[email protected]
