Pilot Chemical Co. Buys Liquid Minerals Group Inc.
CINCINNATI – Cincinnati-based specialty chemicals provider Pilot Chemical Co. has purchased Liquid Minerals Group Inc. (LMGI) located in New Waverly, Texas. The acquisition 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. LMGI manufactures products for the oil field, refinery, power generation and marine industries and serves customers worldwide.
“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 of Pilot Chemical.