We are pleased to announce that DNOW (NYSE: DNOW) has acquired EcoVapor. This strategic combination enhances EcoVapor’s continued innovation and service area to the oil and gas and RNG sectors. In addition, DNOW’s added footprint, infrastructure, and resources, including nearly 200 locations globally, expands our capabilities and offerings, while maintaining responsiveness to the needs of our customers.
Jason Roe, CEO of EcoVapor, commented on the acquisition: “EcoVapor adds a leading emissions and flaring abatement solution to DNOW’s extensive process and production equipment suite of products, while providing EcoVapor the real opportunity to leverage DNOW capabilities in fabrication, logistics, and distribution. We are excited to be part of DNOW and the opportunity to accelerate our growth.”
With the addition of EcoVapor to the DNOW family, DNOW will offer its customers an expanding suite of emissions management and renewable energy solutions targeting the oil and gas and the growing renewable natural gas (RNG) markets. EcoVapor’s suite of products are highly complementary to DNOW’s U.S. Process Solutions suite of fabricated process, production and pump packaged tank battery and midstream products.
David Cherechinsky, CEO of DNOW, said “When combined with DNOW’s evolving list of emissions reduction and CCUS applied products and solutions, EcoVapor helps further differentiate and propel DNOW solutions marketed to the energy evolution and transition market by helping our customers make real sustainable progress in reducing routine flaring,leading to emissions reduction goals. It’s the right step for DNOW at the right time.”
About NOW Inc.
DNOW is a worldwide supplier of energy and industrial products and packaged, engineered process and production equipment with a legacy of 160 years. Headquartered in Houston, Texas, with approximately 2,350 employees and a network of locations worldwide, we offer a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW® that provide customers world-class technology for digital commerce, data and information management. Our locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies as well as companies operating in the decarbonization, energy transition and renewables end markets.
About EcoVapor
EcoVapor, a DNOW company, offers a suite of technology-based solutions for improving the sustainability of gas-powered energy systems by converting waste streams into revenue, which reduces emissions. Our flagship ZerO2™ removes oxygen from biogas, landfill gas and tank vapors, allowing gas to meet pipeline specification and be sold instead of otherwise being flared. We serve the Oil and Gas and Renewable Natural Gas (RNG) markets.
Contact
Jason Roe
EcoVapor Recovery Systems
jasonroe@ecovaporrs.com