4 Apr 2019
Ascend to showcase high performance chelate and clay stabilizers at the SPE International Conference on Oilfield Chemistry
HOUSTON – April 4, 2019 – Ascend Performance Materials, a global leader in the production of plastics, fibers and chemicals, will showcase a number of specialty chemicals that improve oilfield production at the International Conference on Oilfield Chemistry. Among the products the company will feature are FlexaTrac™-NTA, a high-performance biodegradable chelate, and Hexatran™ and FlexaTram™-DAM, two clay stabilization intermediates that outperform typical clay control salts.
FlexaTrac-NTA is a cost-effective and greener oilfield chelate, relative to the commonly used EDTA. With a higher binding capacity, FlexaTrac-NTA chelates more metal ions with substantially less material and is also readily biodegradable in both soil and fresh water.
The salts produced using Hexatran and FlexaTram-DAM provide greater performance and are more economical than choline chloride, potassium chloride and other quaternary ammonium compounds.
“Our unique and versatile chemistries improve production under a variety of conditions,” said Jonathan Craig, vice president of specialty chemicals at Ascend. “In the case of FlexaTrac-NTA, we also add value by reducing the environmental impact with a biodegradable solution.”
Ascend will be at booth 106 at the SPE International Conference on Oilfield Chemistry in Galveston, Texas, from April 8-9.
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About Ascend Performance Materials
Ascend Performance Materials is a global premium provider of high-quality plastics, fibers and chemicals and is the world’s largest integrated producer of PA66 resin. Headquartered in Houston, Texas, Ascend has nine global locations, including five fully-integrated manufacturing facilities located in the southeastern United States and an engineering plastics compounding facility in Europe, all dedicated to the innovation and safe production of nylon 6,6. With three of the world’s largest chemical processing facilities, Ascend’s materials form the building blocks for products used in everyday applications from apparel to airbags, cable ties to circuit boards and carpets to car parts. Ascend’s 2,500-person global workforce is committed to making a difference in the communities we serve and leading the development of nylon 6,6 solutions that inspire everyone, everywhere, every day.
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More information about Ascend can be found at www.ascendmaterials.com.
About SK Capital
SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. The firm’s purpose is to build strong and growing businesses that create substantial long-term economic value. SK utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio companies generate revenues of approximately $8 billion annually and employ approximately 9,000 people. The firm currently manages more than $1.5 billion of committed capital. For more information, please visit www.skcapitalpartners.com.
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