The Shaw Group Acquires Chemex Global to Create Premier Modular Engineering and Fabrication Business | Texas
HOUSTON, Dec. 23, 2021 /PRNewswire/ — The Shaw Group is happy to announce the done acquisition of Chemex World wide Inc., a premier engineering, procurement, fabrication and project management firm specialized in modular and conventional refinery and power projects.
This acquisition signifies a strategic mix of complementary abilities and substantially expands The Shaw Group’s qualifications in modular engineering and fabrication. The combined business is one of the only North American fabrication companies capable of at the same time serving many modular initiatives from improvement to fruition. The complete-provider fabrication corporation offers a international footprint of 2.2 million square ft of fabrication and production capacity and globe-class engineering answers.
Chemex Worldwide has a 40-calendar year legacy in modular system unit layout and fabrication. Most not too long ago, Chemex has been the leading decision for consumers as they retrofit industrial facilities to assist the strength transition. The company will work as a subsidiary of The Shaw Group and will be rebranded as Chemex World-wide, a Shaw Team corporation.
“We are very energized about what the combination of The Shaw Team and Chemex World implies for our clientele,” mentioned Mike Childers, President and Chief Govt Officer of The Shaw Team. “Jointly as one particular group, our organizations can now present a primary whole-company finish-to-conclude fabrication practical experience for our clients. We are positioned to provide a huge variety of industrial fabrication wants from higher-tech manufacturing to these leading the energy transition in our region and globally.”
Doran N. Oancia, who will remain Main Govt Officer of Chemex World wide, mentioned, “Chemex Worldwide has built an remarkable resume of modular engineering and fabrication remedies and we are thrilled to proceed to provide our purchasers as part of The Shaw Team. Our access to Shaw’s 2.2 million square toes of fabrication area will superior facilitate the needs of our clients.”
Shaw is an field leader of pipe and module engineering and fabrication. The firm is acknowledged for possessing the assets to produce complicated fabrication options to a wide variety of industries such as oil and gas, large building, energy, pulp and paper, prescription drugs, technology, food stuff and beverage and wastewater. Shaw’s amenities all around the earth are equipped with the most up-to-date producing technological innovation and output management techniques to make sure challenge achievement for hefty industrial consumers. Headquartered in Houston, Texas, Shaw employs roughly 700 people throughout its workplaces and functions in North The united states and the Middle East. For more information and facts, make sure you stop by www.theshawgrp.com and observe us on LinkedIn and Facebook.
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Resource The Shaw Group