The merger between The Woodlands-based Apergy Corp. and the Sugar Land-based upstream energy business of Minnesota-based Ecolab Inc. (NYSE: ECL) is complete.
The combined company is now called ChampionX Corp. and trades on the New York Stock Exchange under the symbol “CHX” beginning June 4, according to a press release.
Equity holders of ChampionX Holding Inc. — the former Ecolab business — own approximately 62% of ChampionX on a fully diluted basis, and existing Apergy equity holders…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
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