What is Duoline Technologies?
Duoline Technologies, formerly known as Maxtube, specializes in advanced corrosion protection solutions for oilfield tubulars, with its flagship DUOLINE products in use since 1964. The company offers a comprehensive suite of glass-reinforced epoxy (GRE) lined tubing systems engineered for harsh operational environments, including offshore platforms and injection wells. Serving a global clientele within the oil and gas sector, Duoline Technologies counts major operators such as BP, Chevron, and Saudi Aramco among its customers. Their service portfolio also extends to portable lining units and field services, ensuring optimal installation and maintenance of their protective systems.
How much funding has Duoline Technologies raised?
Duoline Technologies has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Duoline Technologies?
The substantial late-stage funding context suggests Duoline Technologies is poised for significant scaling and market expansion. This capital infusion is likely to fuel further research and development into next-generation corrosion protection technologies, enhance manufacturing capabilities, and broaden its global reach. The company's strategic focus on serving critical segments of the oil and gas industry, coupled with its long-standing reputation for product reliability, positions it favorably for continued growth and market leadership in specialized tubular solutions.
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