All Press Releases for March 20, 2018

Alcor Petrolab Facility Merges With SPL

SPL Facility Now Offering Testing Services For Refined Fuels --Provided By Alcor Petrolab



"We are pleased to have Alcor Petrolab join us at the SPL facility," said Ian Milne, CEO of SPL. "By working together under one roof, we can provide the most comprehensive services available.

    HOUSTON, TX, March 20, 2018 /24-7PressRelease/ -- SPL, an industry leader in hydrocarbon measurement, analysis, allocation, and management services, announces that Alcor Petrolab is moving its Floresville, Texas operations to SPL's Pleasanton, Texas facility.

As announced by Industrial Growth Partners on February 12, 2018, SPL acquired the business and assets of Alcor Petrolab on January 31, 2018. The acquisition and consolidation of the Alcor Petrolab facility with SPL's facility in Pleasanton is the latest in SPL's continued efforts to provide best practices and excellence to the industry.

"This particular facility in Floresville is the original location where the business was founded back in 1968 as T&T Labs," said Nathan Wicker, President of Alcor Petrolab. "We've been here for 50 years --through name changes, expansions, and acquisitions. It will be hard to leave behind the memories, but we believe that this move is best for our clients."

The Pleasanton facility, located at 627 2nd Street, Pleasanton, TX 78064, will house both SPL and Alcor Petrolab employees and offer a wider range of testing services than ever before. As a complement to the full suite of services available from the SPL network, the Pleasanton facility will now offer testing services for refined fuels --provided by Alcor Petrolab.

"We are pleased to have Alcor Petrolab join us at the SPL facility," said Ian Milne, CEO of SPL. "By working together under one roof, we can provide the most comprehensive services available in the South Central Texas area."

For more information on SPL and the services they provide, please visit spl-inc.com.

About SPL:
Established in 1944, SPL was one of the first major suppliers to service the exploration and production, petrochemical, refining, pipeline and retail markets with petroleum and environmental testing services. Today, SPL is recognized globally as an industry leader in hydrocarbon production measurement, analysis, allocation, and project management services. The company has performed work throughout the United States as well as international markets that include the China Sea, Kuwait, Libya, Mexico, Peru, Saudi Arabia, and Yemen. SPL, headquartered in Houston, Texas, was acquired by Industrial Growth Partners, along with management, in September 2016. With a total of sixteen facilities in Texas, Louisiana, Mississippi, Michigan, Colorado, and Oklahoma, SPL is a one-source service company and is recognized as the industry leader in third-party measurement and analytical needs for the oil and gas industry.

For more information on SPL and the services they provide, please visit spl-inc.com.

About Alcor Petrolab:
Originally founded in 1968 as T&T Labs, Alcor Petrolab was acquired by Zelva Holdings LLC in 2016 and is one of the leading independent testing laboratories in the world, offering a wide range of highly-specialized testing services for liquid fuels, lubricants, petroleum products and plastics. In 2018, Southern Petroleum Laboratories, Inc. ("SPL") purchased Zelva Holdings LLC and brought Alcor Petrolab into the SPL family of laboratory and measurement companies.

For more information about Alcor Petrolab, please visit www.alcorpetrolab.com.

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SPL
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