Trecora Resources Buying SSI Chusei

摘要

Susar Land— Trecora Resources, formerly Arabian American Development Co., has entered into an agreement to acquire 100% of Schumann/Steier's specialty chemical subsidiary SSI Chusei for $73-million. Peter Loggenberg, president of SSI Chusei, will join Trecora and retain his role in the subsidiary. Trecora plans to rebrand and change the name of SSI Chusei in the coming months.