The global oilfield chemicals market is rapidly advancing, witnessing an increase in demand, driven by rising energy requirements, and increasing oil and gas exploration, especially deep-water drilling. With key players including Croda International, Ecolab, and ONGC, and emerging regions LAMEA and Asia-Pacific boosting their presence in this sector, the market is expected to grow at a CAGR of five percent to reach a value of $35 billion by 2030. The industry has also overcome a series of challenges posed by global economic downturns like the 2008 US subprime crisis, the Shale gas disruption of 2014, and the COVID pandemic of 2020, that caused significant price fluctuations and operational halts in the industry.
Nevertheless, emerging from these challenges as a pioneer, shaping the industry as it is today is Excelex Biopolymers Pvt. Ltd. Launched in 2007, Excelex Biopolymers, formerly known as EP Industrial and Agro Products Pvt. Ltd., has played a critical role in the industry by transforming challenges into opportunities for innovating, leveraging its exceptional R&D capabilities to develop cost-effective, high-value products that helped the industry recover and enhance profitability.
Developing Specialty Chemicals
An ISO 9001:2008 certified company, Excelex Biopolymers thrives on research and innovation, identifying the evolving need of specialty chemicals for varied applications, and developing products that fulfill those needs. The company rose to prominence for its excellence in employing stringent quality control processes at every stage
of production, which is enhanced by focusing on the raw materials’ quality, the intermediates, as well as the final products. The company prioritizes ensuring that the products it develops adhere to the highest standards of quality through well-defined procedures and a total quality control policy, which includes vigorous employee safety checks, adherence to environmental standards, and the product quality.
Since its establishment, Excelex Biopolymers has reinforced its ability to adapt to the industry challenges, and has strengthened its position in the market by developing solutions to the emerging complexities such as drilling mud degradation, and more. “Excelex Biopolymers has effectively addressed the challenge of drilling mud degradation due to high temperatures in desert and forest areas. The varying compositions of drilling strata presented a compatibility issue with existing drilling mud, which was not suitable for extreme temperature conditions.
Through rigorous R&D, Excelex Biopolymers developed mud chemicals that are tailored to specific temperature conditions, ensuring smoother drilling operations and solving critical issues faced by companies like ONGC and Oil India”, shares Jatinder Kumar Arya, Managing Director, Excelex Biopolymers.
Over time, Excelex Biopolymers has introduced a number of world-class yet cost-effective products for the oil and gas industry. Most recently, the company has introduced three new products that have been developed to serve as import substitutes for these sectors. The newly launched products are the result of Excelex Biopolymers' continuous in-depth R&D procedures, which have proved time and again to be exceptionally fruitful and impactful for the industry, positioning the company as a premier developer of specialty chemicals.
Excelex Biopolymers has effectively addressed the challenge of drilling mud degradation due to high temperatures in desert and forest areas
Future Roadmap
A revolutionary organization with a legacy of manufacturing cutting-edge products, Excelex Biopolymers has a strong position and ambitious plans for its future ahead. Historically, the company has gained massive recognition by virtue of its forward-thinking marketing strategies which have been instrumental in creating the brand’s image, boosting sales of its products, and enabling the firm to attract a lot of interest.
As it envisions its future, Excelex Biopolymers is determined to continue focusing on the quality and efficiency of its products, and leveraging its marketing acumen for bolstering sales. Through product efficacy, the company aims to boost trust in the market, becoming a global leader in manufacturing drilling mud chemicals for oil drilling wells.
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