Pilot Chemical Co. recently announced it has purchased LMGI located in New Waverly, Texas.
Pilot Chemical Co. recently announced it has purchased Liquid Minerals Group Inc. (LMGI), located in New Waverly, Texas. LMGI manufactures products for the oil field, refinery, power generation and marine industries and serves customers worldwide. The acquisition reportedly expands Pilot's business into the organometallic fuel additives markets, as well as provides further growth opportunities for Pilot’s existing surfactants and antimicrobial businesses.
“The acquisition of LMGI greatly enhances the opportunities for growth and allows for further expansion into new technologies and manufacturing capabilities,” said Mike Scott, president.