Schumann Steier

Schumann Steier Inc. (SSI) is a Houston-based global marketer and distributor of refined petroleum products, including paraffin waxes, microcrystalline waxes, polyethylene waxes, base oils, drilling fluids, white oils, and ethanol products. With more than 25 years of experience serving the petrochemical, base oil, and wax markets across the United... States and internationally, SSI connects producers and users of waxes worldwide through origination, trading, processing, and distribution while helping customers identify emerging industry trends and developments. The company traces its heritage to Moore & Munger Lubricants Inc., a respected base oil and specialty marketer that was acquired by the Schumann Group of Hamburg, Germany and Arthur A. Steier in 1989. SSI was formally established in 1993 to expand the core base oil and specialty marketing business while diversifying into adjacent petroleum sectors and positioning the organization to capitalize on international strengths and emerging opportunities in synthetic fuels, ethanol, and biodiesel. The company has demonstrated significant operational capability and strategic flexibility through its acquisition of Chusei USA in 2010, a custom-processing facility and the largest polyethylene wax producer in the United States, which was subsequently rebranded as SSI Chusei Inc. and later divested to Trecora Resources in 2014 for $73 million. In 2015, SSI expanded its business model by investing in crude oil production through petroleum wells in Louisiana, establishing SSI Energy as a separate entity to manage upstream operations while maintaining its core trading business focus. Today, SSI is recognized for its reliability, long-term supplier and customer relationships, and comprehensive product portfolio that serves diverse industrial applications globally, positioning the company as a trusted partner in the refined petroleum products market.Read More