Saconix LLC Secures Exclusive Marketing Rights
Saconix LLC Secures Exclusive Marketing Rights to Hydrochloric Acid from Dover Chemical Corporation
Dover, Ohio and Dallas, Texas: July 20, 2020 – Saconix LLC (“Saconix”) announced today that it has secured an exclusive multi-year marketing agreement for hydrochloric acid (“HCl”) produced by Dover Chemical Corporation (“Dover”) at its facility in Dover, Ohio. Dover creates HCl from the production streams of its chlorinated alkanes. HCl has been produced at this location for over fifty years.
The HCl is produced by Dover in multiple grades which can be transported directly from the plant, in tank trucks or rail cars. Saconix will distribute HCl in the Ohio Valley Region to customers in a wide variety of industries including steel mills, oil and gas drilling, water treatment and broadly to the general chemical producers.
Wes Martin, Chief Executive Officer of Saconix, commented, “The addition of Dover’s HCl to our integrated inorganic chemical distribution, and logistics platform, not only gives us a new product line but also creates a larger, more geographically diverse Saconix footprint. HCl fits our strategic model to expand product offerings and assist our customers managing their supply chain processes. We are excited to partner with Dover and look forward to providing excellent service to the Ohio Valley customer base for many years to come.”
For additional information, please contact:
Jeff Stein
VP Business Development - Saconix LLC
jeff.stein@saconix.com
Damon Stevenson
Global Business Unit Leader - Dover Chemical Corporation
dssteven@doverchem.com
About Saconix:
Saconix LLC (“Saconix”) is a wholly owned subsidiary of Copperbeck Energy Partners LLC, Dallas, Texas. For more than 20 years, Saconix has been a market leader in the logistics, handling and distribution of sulfuric acid and industrial chemicals in North America. Saconix utilizes strategically located storage and transportation assets, exclusive marketing agreements, production capabilities, and global supply sources to act as the “flywheel” of the sulfuric acid market in North America and Europe. Focused on solving our customers’ complex inorganic chemical logistic problems, Saconix is capitalized appropriately to invest and develop infrastructure to growth with our customers by expanding logistics capabilities.
About Dover:
Dover, Ohio based Dover Chemical Corporation (“Dover”) is a subsidiary of New York-based ICC Industries Inc., a global leader in the manufacturing, marketing, and trading of chemical, plastic, and pharmaceutical products. Dover is a leading producer of polymer additives, liquid and solid chlorinated paraffins, liquid and solid antioxidants (including organophosphites), flame retardants and additives for water-based or oil-based coatings, and metalworking fluids and drilling fluids. The company sells its products in the U.S. and Canada from its headquarters location and to the rest of the world through ICC Trading Inc.