Petrolite
| Company type | Public |
|---|---|
| Industry | Chemical, Oilfield services |
| Predecessor | Tret-O-lite Company, Petroleum Rectifying Company of California (PETRECO) |
| Founded | 1930 |
| Founder | William S. Barnickel, Frederick G. Cottrell (founders of predecessor companies) |
| Defunct | 1997 |
| Fate | Absorbed by Baker Hughes |
| Headquarters | St. Louis , United States |
Area served | International |
| Products | Demulsification technology, sour gas corrosion control, electrostatic desalting, microcrystalline wax extraction, fuel purification for gas turbines |
| Parent | Baker Hughes (from 1997) |
Petrolite Corporation was a U.S.-based chemical producer formed in 1930 through the consolidation of the Tret-O-lite Company and the Petroleum Rectifying Company of California (PETRECO). In 1997, it was absorbed by Baker Hughes.
History
The foundation of Petrolite stemmed from the pioneering work of William S. Barnickel and Dr. Frederick G. Cottrell, who engineered methods to extract water from crude oil, addressing the costly issue of roily oil. Prior to their developments, crude oil containing water was frequently discarded by burning.
Beginning in 1907, Barnickel, a chemist from St. Louis, devised a chemical technique to reclaim oil from water-laden crude, obtaining multiple U.S. patents following his significant 1911 innovation. To commercialize this chemical solution, he established the Tret-O-lite Company.
Frederick Cottrell, a physical chemist affiliated with the University of California, had earlier invented an electrostatic method for removing solid impurities from gases. In 1908, he modified this approach to facilitate water separation from crude oil and subsequently founded PETRECO.
The merger in 1930 that created Petrolite Corporation positioned the company as a leader in demulsification technology. The firm further diversified into areas including sour gas corrosion control, electrostatic desalting to eliminate refinery contaminants, extraction of microcrystalline waxes from storage tank residues, and fuel purification technologies for gas turbines.
Petrolite expanded internationally while maintaining its headquarters in St. Louis, Missouri, and operating plants in Brea, California; Barnsdall, Oklahoma; Houston and Kilgore, Texas. During the 1990s, it inaugurated its first overseas technology center located in Liverpool, United Kingdom.
In 1997, Petrolite ceased independent operations when it was incorporated into Baker Hughes’ specialty chemicals segment.
References
- Articles with short description
- Oilfield services companies
- American companies established in 1930
- Chemical companies established in 1930
- Non-renewable resource companies established in 1930
- Manufacturing companies disestablished in 1997
- 1930 establishments in Missouri
- 1997 disestablishments in Missouri
- Defunct manufacturing companies based in Missouri
- 1930 mergers and acquisitions