AUSTIN, Texas — Private investment firm Owner Resource Group, LLC, (ORG) has acquired a majority interest in KMCO, a specialty chemical company serving the automotive, petroleum, industrial and agricultural markets.
KMCO owns and operates two facilities in Texas. Its Crosby, Texas, facility includes eight distillation columns, 23 reactor systems and capacity for 250 rail cars. The company’s facility in Port Arthur, Texas, sits on 32 acres with 20 million gallons of storage capacity for onsite terminaling as well as a 300-foot barge dock and 100 rail car spaces. It includes four stainless steel distillation columns and one carbon steel distillation column.
“We’re excited to work with Owner Resource Group to build on our 37 year history as a leading specialty chemical company,” said KMCO President Jeff McFerrin.