EXPLORATION

Matrix Composites acquires Humidur Australia

AUSTRALIAN oil and gas contractor and supplier Matrix Composites & Engineering has inked an agreement with Acotec to acquire Humidur Australia, making it the exclusive distributor of Humidur corrosion protection coating products in the region.

Matrix Composites acquires Humidur Australia

Matrix said on Friday it would acquire Acotec's subsidiary and its equipment and operations, for $2.4 million.  This will see Matrix become the sole provider of corrosion protection coatings used on...

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