Bri-Chem Corp T.BRY

Alternate Symbol(s): BRYFF

Industrials Industrial Distribution

Bri-Chem Corp. is a Canada-based independent wholesale supplier of drilling fluids and chemicals for the oil and gas industry operating from owned or leased warehouses located throughout Canada and the United States. It is engaged in the distribution and blending of oilfield drilling, completion, stimulation, and production of chemical fluids. The Company’s segments include Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending & Packaging Canada, Fluids Blending & Packaging USA, and Other. Its business activity is to provide 24/7 coverage of oilfield chemicals in a variety of weights and clays, loss circulation materials and oil mud products to mud engineering companies who sell directly to drilling firms engaged by the oil and gas companies. Its subsidiaries include Bri-Chem Supply Ltd., Sodium Solutions Inc., Solution Blend Service Ltd., and Bri-Corp USA, Inc. Sodium Solutions Inc. is a fully integrated chemical supplier, toll blender, and packager.

TSX:BRY - Post by User

Bri-Chem Corp > Globe article

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Comment by Possibleidiot01on Jun 24, 2021 4:46pm

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Post# 33445758

RE:RE:RE:Globe article

nozzpack

I have liked your posts about various stocks .
Can you try to convince me that there are meaningful synergies between a company that makes and sells drilling fluid chemicals and additives, to the resource industry in North America and Titan Logix Corp. who are a technology company specializing in Research and Development (R&D), manufacturing and marketing of advanced technology fluid management solutions?

I do know about the balance sheet relationship so that doesn't need explanation.

I can see Bri-Chem using Titan Logix's products but would entry into a business space where larger competitors such as CES Energy Solutions operate really be benefical.

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