New Delhi, India, April 23, 2025 —- Proec Energy is proud to announce the successful acquisition of Core Drilling Chemicals, marking a significant step forward in its strategic growth plan. This move strengthens Proec’s position in the Oilfield Chemicals industry & enhances its ability to serve a broader client base with an expanded portfolio of high-quality products and services.
Key highlights of the acquisition include:
- Effective immediately, all products and services previously offered by Core Drilling Chemicals will be produced, managed, and distributed under the Proec Energy umbrella.
- As part of the acquisition, Proec will assume full operational control of the manufacturing plant near Vadodara, Gujarat.
- Located just 200 kms from Hazira Port, the facility provides a strong logistical advantage for both outbound deliveries and inbound imports, significantly improving supply chain responsiveness.
- This integration brings together the capabilities of both companies and is expected to drive operational efficiencies, enhance supply chain performance, and deliver increased value to customers across the board.
- Our expanded product list will be updated soon after taking into account portfolio of Core Drilling Chemicals.
“This acquisition aligns perfectly with our long-term vision. By bringing together the strengths of both organizations, we are well-positioned to accelerate innovation, expand market reach, and set new standards in our industry.” said Manav Modi, Managing Director of Proec Energy.