Indorama Ventures Public Company Limited, a global leader in sustainable chemicals, has announced that its Indovinya business segment, through its flagship subsidiary Indorama Ventures Oxides LLC, will acquire two prominent brands in the energy extraction industry—KEMELIX and FLOWSOLVE—from Cargill Bioindustrial UK Limited. This acquisition, which targets demulsifiers and flow assurance products, strengthens Indovinya’s specialty surfactants portfolio and supports its growth strategy in providing advanced solutions for the energy sector.

The deal includes the transfer of valuable assets, such as trademarks, customer relationships, 25 patents, tolling rights, and an R&D facility based in Houston, Texas. The KEMELIX and FLOWSOLVE brands are well-known for their high-quality formulations that optimize operations within the oil and gas industry. These products play a crucial role in demulsification and flow assurance, which are key processes in energy extraction, helping to address critical challenges while improving operational efficiencies.

The KEMELIX brand is recognized for its high-performance demulsifiers, which aid in the efficient separation and removal of water from crude oil. The product range includes alkoxylates, polyamine derivatives, and modified polyols, all designed to perform effectively under challenging field conditions, such as heavy oil, low temperatures, and variable water levels.

Meanwhile, the FLOWSOLVE brand specializes in asphaltene and wax inhibitors that facilitate smoother crude oil flow from the reservoir to the refinery. These optimized additives are tailored for a variety of crude oil types, including those from onshore, offshore, and deepwater operations.

Alastair Port, Executive President of Indovinya, expressed excitement about the acquisition, emphasizing that it represents a significant milestone for both Indorama Ventures and its Indovinya segment. He highlighted that integrating the KEMELIX and FLOWSOLVE brands, along with their established customer relationships, will enhance Indovinya’s presence in the energy extraction market. The acquisition also supports the company’s commitment to meeting customers' evolving needs through superior service and innovative solutions.

The deal further strengthens Indovinya’s growing portfolio of High Value Add (HVA) specialty surfactants, aligning with the company’s strategy to lead in high-growth markets across various sectors, including Home & Personal Care, Crop Solutions, Coatings & Construction, and Energy & Resources. This acquisition is part of a broader effort to drive customer-centric innovation, forge strategic partnerships, and make targeted acquisitions that enhance Indovinya’s market leadership.

Indorama Ventures (IVL), founded by Aloke Lohia in Bangkok in 1994, is a leading producer in the intermediate petrochemicals industry. It is the world’s largest manufacturer of PET resins and also produces wool yarns.