What is Petroleum Solids Control?
Established in 1956, Petroleum Solids Control, Inc. serves as a premier provider of specialized solids, liquids, and oil separation rental equipment. With seven decades of industry expertise, the company has cultivated a reputation for delivering bespoke separation solutions tailored to complex industrial requirements. As a family-owned enterprise, it maintains a unique market position, balancing traditional operational values with the high-performance demands of modern energy extraction and environmental compliance sectors.
How much funding has Petroleum Solids Control raised?
Petroleum Solids Control has raised a total of $374K across 2 funding rounds:
Debt
$150K
Debt
$224K
Debt (2020): $150K with participation from PPP
Debt (2021): $224K led by PPP
Key Investors in Petroleum Solids Control
PPP
Public-Private Partnership
What's next for Petroleum Solids Control?
With this late-stage capital injection, Petroleum Solids Control is positioned to optimize its asset deployment and expand its service footprint. The strategic allocation of these funds will likely focus on upgrading its existing rental fleet and enhancing the technological capabilities of its separation systems. As the energy landscape shifts toward more stringent environmental standards, the company is well-equipped to leverage its historical expertise to capture additional market share, ensuring sustained growth and operational resilience in an increasingly competitive industrial environment.
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