Praana Group Acquires Owens Corning’s Glass Reinforcements Business
At Sterling Specialty Chemicals, we understand that strength comes from innovation, expertise, and the ability to adapt in an evolving industry. Today, we are proud to share that Praana Group, our parent company, has acquired Owens Corning’s Glass Reinforcements business in a $755 million transaction—a move that solidifies Praana Group’s leadership in advanced materials and composites.
This acquisition is more than just a strategic expansion; it demonstrates the financial strength, long-term vision, and global credibility of Praana Group, which Sterling Specialty Chemicals is proud to be a part of. With a presence in specialty chemicals, glass fiber, and composite materials, Praana continues to drive forward-thinking solutions for industrial markets, reinforcing the strong foundation that allows Sterling to thrive.
As a key player in the oil and gas, water treatment, and industrial chemicals sectors, Sterling benefits from this collective strength. Our customers can continue to rely on us for cutting-edge chemistry, technical expertise, and unwavering stability, knowing that we are backed by an organization committed to growth and sustainability.
With this acquisition, we are not only expanding our global footprint but also reinforcing our commitment to delivering chemistry that works.
Sterling Specialty Chemicals Attends HFTC 2025
The Woodlands, Texas – February 2025 – Sterling Specialty Chemicals was proud to participate in the 2025 SPE Hydraulic Fracturing Technology Conference and Exhibition (HFTC), held at The Woodlands Waterway Marriott Hotel & Convention Center.
Over the course of three days, the Sterling team connected with industry leaders, explored the latest advancements in hydraulic fracturing, and shared insights on innovative chemistry solutions for the industry.
A special thank you to everyone who visited us at Booth #11 and joined our networking happy hour—your support and engagement made this event a success!
As we continue to push the boundaries of hydraulic fracturing technology, we look forward to the collaborations and opportunities ahead. See you at the next event!
Sterling Hosts Event at Calgary Stampede!
We had an incredible week at the Calgary Stampede, culminating in our “Wanted: Dead or Alive” party with our valued customers. This was our first Stampede event as Sterling Specialty Chemicals, and we’re thrilled with how successful it was!
After a week of productive sales meetings and team-building, it was great to unwind with fun, laughter, and amazing company. A heartfelt thank you to our customers and partners for your ongoing support—we truly appreciate you.
We’re already looking forward to next year’s event and can’t wait to do it all over again!
Attends IOR Tulsa Conference and Hosts Customer Tour at Sand Springs Facility
We had the pleasure of hosting our valued partners and customers at our manufacturing facility in Sand Springs, OK. The visit offered an in-depth look at our tailored chemical solutions for Enhanced Oil Recovery (EOR) and highlighted Sterling’s commitment to delivering innovative, customized EOR solutions.
You can check out a recap of the tour on our LinkedIn post here.
We had a fantastic experience attending the 2024 SPE Improved Oil Recovery (IOR) Conference in Tulsa, Oklahoma. The event brought together industry leaders to discuss this year’s theme, “IOR: Critical Technologies of the Future,” and exchange ideas on driving innovation in Enhanced Oil Recovery (EOR). We were proud to host our own booth, engage in insightful conversations, and participate in panels where our experts shared their perspectives on advancing EOR technologies in a low-carbon landscape.
Capacity Expansion at Sand Springs Plant in the USA
Just six weeks after our successful merger and acquisition, we’re already making strides to enhance our capabilities. We’re thrilled to announce the expansion of production capacity at our Sand Springs Plant in the USA.
This growth marks a pivotal moment for our company as we scale up to meet the needs of an evolving market. The decision to increase capacity by 24 million pounds per year and enter the North American drilling specialty chemicals market so soon after the M&A reflects our commitment to driving progress and delivering excellence across our operations.
This expansion not only strengthens our market position but also reinforces our dedication to providing industry-leading technologies and services to our customers. It demonstrates our confidence in the future and our focus on sustainable growth.
Announces Major Expansions in Asia Pacific and the Americas
Sterling Specialty Chemicals, a leader in the development of high-performance polymer solutions, announces capacity expansions into both the Asia Pacific and the Americas regions. This strategic development is in direct response to the increased demand for advanced polymer solutions in the energy and water sectors.
These capacity expansions strengthen Sterling’s global presence and allows Sterling to meet the evolving requirements of its customer base in these sectors.
Strengthening its existing foothold in Asia and the vital U.S. market, Sterling is set to provide closer and more efficient access to its full range of offerings via the Praana Group. This strategy is aimed at improving efficiency, sustainability, and performance for its business partners, building on current operations and extending its reach.
Pedro Materan, President & CEO, said, “The capacity expansion into the Asia Pacific and Americas is a key part of our strategy to support industries with our advanced polymer solutions, fostering progress and sustainability. As we bring our expertise into closer proximity with our customers, we anticipate creating lasting partnerships and delivering significant value.”
With this expansion, Sterling Specialty Chemicals reaffirms its commitment to innovation, collaborative partnerships, and delivering exceptional value, reinforcing its position as a global leader in polymer solutions and influencing the future of the energy and water sectors.
Interested parties are encouraged to visit sterlingspec.com or contact Heather Creighton, information@sterlingspec.com to learn more about Sterling Specialty Chemicals’ innovative polymer solutions.
Kemira’s Energy Division Joins Sterling Specialty Chemicals
As of today, Sterling Specialty Chemicals has acquired the energy-related portfolio from Kemira, marking a momentous step forward in our commitment to excellence and innovation in the specialty chemicals industry.