In late 2017, LSPI held a ribbon cutting ceremony for our new drag reducing agent (DRA) manufacturing plant. This second plant, located within LSPI’s manufacturing campus in Bryan, Texas, doubles LSPI’s capacity and ensures that LSPI continues to meet growing global demand.
“With this significant expansion, LSPI is well-positioned to continue its strong history of growth, supply reliability and quality manufacturing. We are fortunate to have long-term commercial relationships with industry leaders and we are confident that our expanded capabilities will allow us to continue to meet the needs of our customers and remain the global leader in the DRA market,” said Mike Brown, CEO and President of LSPI.
LSPI’s two independent manufacturing facilities on the same complex offer production-supply reliability through redundancy and significant economies of scale. Each facility maintains its own day-to-day operational staff, producing DRA from raw material to finished product. While quality control labs are located within each manufacturing plant, the same quality management team oversees both facilities to ensure consistently high quality. Both manufacturing plants are managed under LSPI’s rigorous HSE programs. The new facility is supported by our existing robust global supply chain network, providing supply flexibility and agility for delivery for our customers around the world. This investment in manufacturing is one of many efforts undertaken by LSPI to ensure that our customers continue to receive best-in-class DRA service.