Arctic Directory: ASRC acquires major share of Petrochem Insulation

ASRC Energy Services, a subsidiary of Arctic Slope Regional Corp., said Aug. 13 that it was expanding its business services by acquiring a major share of Petrochem, one of the largest providers of insulation and multicraft services in the U.S.

“This new line of business increases our opportunities outside of Alaska, and enhances the services we provide to our customers,” said ASRC Energy Services President Mark Nelson. “We are proud of Petrochem’s exceptional safety record, and welcome its 1,000 employees to the ASRC family of companies.”

Petrochem has been providing multicraft services for 35 years to oil refineries, power and chemical plants, pulp and paper companies, breweries and wineries, food processors, and other industrial markets. Other services provided by Petrochem include scaffolding, asbestos and lead abatement, fireproofing, and industrial painting and coating.

ASRC Energy Services performs an array of oilfield engineering, operations, maintenance, construction, fabrication, regulatory and permitting, and other services for some of the world’s largest oil