Merichem Exits Copper Naphthenate Market Effective March 23, 2011

Merichem Company, a global partner serving the oil and gas industries with focused technology, chemical, and service solutions, announces plans in its Chemicals business unit to focus commitment to its naphthenic acid supply operations. As a part of this plan, Merichem will exit the copper naphthenate market effective March 23, 2011.

The Chemicals business unit is a global supplier of naphthenic acid. Merichem offers an unsurpassed range of naphthenic acid grades and when you use Merichem's naphthenic acids, you get more than the right grade, acid number and color for your application — you get a dedicated team of people committed to providing the performance, service and economy that have made Merichem the world's leading supplier of naphthenic acid.

About Merichem Company
Merichem Company provides a diversified portfolio of technologies, products and services to a broad range of operations, including the refining and petrochemicals industry. With more than 1,000 licensed process units worldwide, Merichem is a leader in licensing patented process technologies and proprietary equipment to provide hydrocarbon treating solutions and by-product management services that remove sulfur and other impurities from hydrocarbon liquids and gases in the upstream and downstream energy sectors. Merichem began 65 years ago as a domestic operator in the United States and today offers products and services to customers worldwide. The company is headquartered in Houston, with offices in Chicago, Alabama, Tokyo and Shanghai.

For more information, visit www.merichem.com.

SOURCE: Merichem Company -- Merichem Gas Technologies