LiquidPower Specialty Products Inc. (a Berkshire Hathaway Company)

About LiquidPower Specialty Products Inc. (a Berkshire Hathaway Company)

LiquidPower Specialty Products Inc. (LSPI) invented the first flow improver drag reducing agent (DRA) over 40 years ago, and today is a full-service provider of pipeline drag reduction solutions. As the industry leader, the company offers the most comprehensive range of drag reducing agent (DRA) products, along with the necessary injection equipment, maintenance, supply, and pipeline DRA optimization services.

Timeline:
● 1973: Conoco, Inc. commenced patent protection on DRA
● 1979: First commercial gel DRA ("CDR")
● 1994: First commercial suspension DRA for crude applications (LIQUIDPOWER®)
● 1997: First commercial suspension DRA for refined products
● 2002: ConocoPhillips merger; launch of RP™II for refined products (REFINEDPOWER®)
● 2008: First DRA for heavy oil (EXTREMEPOWER®)
● 2012: ConocoPhillips spun off Phillips 66
● 2014: Berkshire Hathaway acquired the business, renamed Lubrizol Specialty Products, Inc. (LSPI)
● 2017: LSPI changed name to LiquidPower Specialty Products Inc. (a Berkshire Hathaway Company)

In 2018, LSPI was named a Houston Best Place to Work (#6) by the Houston Business Journal, and a Houston Top Workplace (#19) by The Houston Chronicle.

Website	http://www.LiquidPower.com
Employees	201-500 employees View all LiquidPower Specialty Products Inc. (a Berkshire Hathaway Company) employees
Industry	Oil & Energy
Location	2103 CityWest Blvd., Suite 1400, Houston, TX 77042, US
Founded	1973
Keywords	Heavy Oil, Drag Reducing Additives, Drag Reducing Agents (Dra), Flow Improvers, Berkshire Hathaway, Drag Reducer, Pipeline Takeaway Capacity, Pipeline Transportation