Delta Petroleum Company
Blender and packager of lubricants.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
The story of Delta Petroleum Company begins in 1946. For decades, the company carved out a niche in the chemical solutions industry, providing essential services like packaging, transloading, and warehousing. It specialized in the safe handling of hazardous bulk and packaged chemicals, becoming a key logistical partner for major chemical companies. Its operations were strategically positioned near the major ports and chemical manufacturing hubs of Houston, Baton Rouge, and Cincinnati. The company's journey took a significant turn in August 2024 with a major acquisition. Delta Petroleum was acquired by PSC Group, a provider of on-site logistics and repair services for petrochemical companies. Prior to this, Delta had been a subsidiary of Greif, Inc., a global leader in industrial packaging. The acquisition by PSC, a portfolio company of the private equity firm TJC, marked a new chapter for Delta. The move was seen as a partnership for synergistic growth, combining the aligned cultures and specialized expertise of both companies to expand services and scale operations.