ChampionX Announces Sale of Corsicana, Texas, Chemical Manufacturing Plant
ChampionX Announces Sale of Corsicana, Texas, Chemical Manufacturing Plant
THE WOODLANDS, Texas, Sept. 07, 2021 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced the sale of its Corsicana, Texas, chemical manufacturing plant to RPM International Inc., a global leader in specialty coatings, sealants, building materials and related services.
得克薩斯州林地，9月1日2021年7月7日(環球通訊社)--冠軍X公司(納斯達克股票代碼：CHX)(簡稱“冠軍X”或“公司”)今天宣佈將其位於得克薩斯州科西卡納的化工製造廠出售給RPM國際公司，特種塗料、密封膠、建材及相關服務的全球領先者。
“This transaction is mutually beneficial to ChampionX, RPM International Inc., the team at the Corsicana plant and the community in which it operates,” said Sivasankaran “Soma” Somasundaram, President and Chief Executive Officer of ChampionX. “The sale is consistent with our ongoing initiatives to optimize our global supply chain and improve the cost structure in our Reservoir Chemical Technologies business for enhanced flexibility. Proceeds from the sale will be used to pay down debt and make further progress toward our leverage target.”
冠軍X公司總裁兼首席執行官Sivasankaran“Soma”Somasundaram説：“這項交易對冠軍X公司、RPM國際公司、科西卡納工廠的團隊以及它所在的社區都是互惠互利的。”這次出售與我們正在進行的優化我們的全球供應鏈和改善我們的水庫化學技術業務的成本結構以增強靈活性的倡議是一致的。出售所得資金將用於償還債務，並朝着我們的槓桿目標取得進一步進展。“
Deric Bryant, Chief Operating Officer and President, Chemical Technologies, added, “We want to express our sincere appreciation to the Corsicana employees for their contributions to ChampionX over the years, and we believe they have great opportunities ahead. We are excited to be able to continue our strong relationship with the Corsicana team through a supplier agreement with RPM that will continue supporting our manufacturing needs in the future.”
化學技術公司首席運營官兼總裁德里克·布萊恩特補充説：“我們想表達我們的誠懇感謝科西卡納的員工多年來為X錦標賽做出的貢獻，我們相信他們未來有很好的機會。我們很高興能夠通過與RPM的供應商協議繼續我們與科西卡納團隊的牢固關係，該協議將在未來繼續支持我們的製造需求。“
Parks Paton Hoepfl & Brown acted as advisor and Katten Muchin Rosenman LLP acted as legal counsel to ChampionX.
Park Paton Hoepfl&Brown擔任冠軍X的顧問，Katten Muchin Rosenman LLP擔任法律顧問。
About ChampionX
關於冠軍X
ChampionX is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well with a focus on the production phase of wells. Visit www.championx.com to learn more.
冠軍X是化學解決方案和高度工程化的設備和技術領域的全球領先者，這些設備和技術幫助公司在世界各地安全高效地鑽探和生產石油和天然氣。冠軍X的產品在油井的整個生命週期內提供高效的功能，重點放在油井的生產階段。請訪問www.Champox.com瞭解更多信息。
Investor Contact:
投資者聯繫方式：
Byron Pope – byron.pope@championx.com – 281-602-0094
電話：281-602-0094電子郵件：byron Pope-byron.pope@Champox.com-281-602-0094
Media Contact:
媒體聯繫人：
John Breed – john.breed@championx.com – 281-403-3751
電話：281-403-3751
譯文內容由第三人軟體翻譯。