By: ICN Bureau
Last updated : December 05, 2025 5:04 pm
CrudeChem specializes in advanced chemical fluid additives and comprehensive chemical solutions for the global oil and gas industry
Fineotex Chemical Limited (FCL), a leading global provider of specialty performance chemicals, has acquired the CrudeChem Technologies Group (CCT), a well-established U.S.-based specialty chemical manufacturer.
This move marks a major step in the company’s global expansion and technological advancement in sustainable chemical solutions.
CrudeChem specializes in advanced chemical fluid additives and comprehensive chemical solutions for the global oil and gas industry.
With over a decade of proven performance, CrudeChem has built strong customer trust and established long-term partnerships with several of the world's largest energy producers and oilfield service companies.
Founded by three industry veterans with decades of experience from U.S. multinational corporations, CCT has become a leader in environmentally responsible oilfield chemistry.
CrudeChem is supported by a world-class technical laboratory in Texas and operational facilities in Midland and Brookshire, Texas, providing a strong foundation of scientific depth and operational capability.
With addressable market industry size of North America representing an $11.5 billion in 2025 and showing strong growth across midstream, refining, and water-treatment segments, the acquisition enables Fineotex to participate meaningfully in a rapidly expanding global opportunity.
Commenting on the development, Sanjay Tibrewala, Executive Director, Fineotex Chemical Limited, said: “This acquisition marks a defining remarkable moment in Fineotex global growth journey to build a $ 200 million oil field chemical business within the coming years. The U.S. company’s outstanding technological capabilities, strong customer relationships, and commitment to sustainable performance perfectly complement our long-term vision. Together, we are creating a powerful global platform that will deliver world-class specialty solutions and set new standards of innovation and environmental responsibility in the oil and gas industry. Fineotex will hold a controlling stake and plans to gradually increase its investment and ownership over the coming years.”