What does the PanagRx transaction mean

May 24, 2019

What does the PanagRx acquisition mean for Tetra Bio Pharma? Our CEO and CSO Dr. Guy Chamberland explains.

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Global Chemical Company L.L.C.

Global Chemical Company L.L.C. (GCC) was established as a chemical manufacturing facility in Abu Dhabi in September 2009. The computerised manufacturing plant produces premium quality Sodium Asphalt Sulphonate, also known as sulphonated asphalt, which is widely used as a shale stabilizer and fluid loss reducer in oil and gas well drilling operations. A range of other in-house formulated specialty chemicals used in drilling and completion fluids, such as lubricants, defoamers, corrosion inhibitors, etc., are also manufactured and blended by GCC.

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