Innospec Inc. (Englewood, Colo.) announced that it is expanding production capacity for its proprietary Drag Reducing Agent (DRA) technologies at its plant in Pleasanton, TX.
Innospec’s DRAs provide multiple benefits to pipeline operators including increased throughput, lower operating costs and reduced requirements for capital equipment upgrades.
Joe Dupree, Senior Vice President of Innospec Oilfield Services Midstream, said: “We are delighted with the customer response to our market-leading, proprietary DRA technology. This investment represents our continued commitment to deliver best-in-class technology and service to our global midstream customers. Our new capacity is expected to come on-stream in the fourth quarter of 2025 and will further increase the value that we deliver to our customers.”
Tom Entwistle, President of Innospec Oilfield Services, added: “We are ideally placed to positively impact our customers’ operations by improving the efficiency of their operations and helping to protect their assets. This capacity expansion will support increasing domestic and international demand for our market-leading technology and further enhance our solutions for the safe and efficient transportation of crude oil.”