SPL makes acquisition
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
SPL Inc., a leader in testing, inspection, and certification (TIC) for the energy industry, has purchased the laboratory and measurement services business of Banded Iron Group (BIG) US Inc., formerly known as Zedi US Inc.
By combining these businesses, SPL will provide customers with expanded laboratory testing, inspection, and measurement capabilities, enhanced by cloud-based digital compliance solutions, to help them make more accurate real-time decisions.
“Adding BIG to the SPL team helps us better support customers in the nation's hottest test and measurement markets,” said Jeff Hibbeler, Chief Executive Officer, SPL. “With laboratories and technicians located throughout North America, the BIG deal will expand SPL’s footprint in key markets such as Wyoming, New Mexico, Colorado, and North Dakota. The acquisition also adds new technology, such as flash liberation testing, to SPL’s vast lab testing offerings.”
"We are pleased to be joining forces with what we view as the technology leader within the US energy TIC industry. The combination with SPL will help us grow in new markets, like the LNG and finished-product export market, and better serve our combined customer base," said Quinn Peterson, Business Development Manager, BIG.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/25112019/spl-makes-acquisition/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Advario and Braskem Idesa inaugurate US$500 million ethane storage terminal in Veracruz, Mexico
Developed as a 50 - 50 partnership between the two companies, the terminal marks a major milestone in Mexico’s energy and petrochemical infrastructure.