Key Developments
Key companies operating in global calcium chloride powder anhydrous market are adopting strategic alliances such as collaborations and business expansion in order to maintain their position in the competitive business environment.
For instance, in Feb 2018, TETRA Technologies Inc. announced the acquisition of SwiftWater Energy Services, LLC in order to expand its water management portfolio and Permian Basin footprint. Swift Water is engaged in providing water solution and water management to oil and gas companies in the Permian Basin market.
In May 2018, Zirax, one of the leading company engaged in manufacturing of specialty chemicals for various application announced to start its high purity synthetic food grade calcium chloride prills 95% Fudix to Croatian customers.
In May 2019, Occidental Chemical Corporation, world’s largest manufacturer of calcium chloride products, announced the acquisition of Anadarko Petroleum Corporation for US$ 55 billion. This acquisition was aimed towards the expansion of Occidental Chemical Company’s assets and enlarge the company’s geographical presence.
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