GROWTH IN OIL & GAS CONTINUES AT CRS REPROCESSING SERVICES WITH NEW STRATEGIC ALLIANCE AGREEMENT
Louisville, KY (December 3, 2013) — CRS Reprocessing Services, LLC (CRS), a global provider of fluids reprocessing management, has entered into a strategic alliance agreement with AES Water Solutions (AES), a frac water supply and flow back services subsidiary of Houston, Texas-based HII Technologies, Inc.
The alliance benefits AES by enhancing the company’s previous service offerings with access to CRS’ experience in top hole solids control and drilling fluid reprocessing. CRS, in turn, gains access to existing AES customers who can benefit from CRS’ proprietary technologies to improve the efficiency of their fluids reprocessing operations.
“The strategic alliance with AES supports our current growth trajectory,” says Michael Heath, CRS’ global general manager for oil and gas services. “This type of alliance presents a strategy for growth that differs from our recent acquisition of Solids Solutions, another Texas-based company, but still demonstrates our commitment to bringing CRS’ thirty-plus years of reprocessing experience to companies operating in some of the most active oilfield plays in the United States.”
About CRS Reprocessing Services
CRS is a global provider in fluid reprocessing management, offering people, technology and services to efficiently handle industrial fluids for manufacturing facilities. With more than 30 years of expertise and operations in the U.S., Europe and Asia, the company provides custom-built, on-site reprocessing and mobile facilities that economically transform used fluids back to customer-specified performance levels, allowing high-yield waste recovery and lower unit costs.
The company’s private-equity partners have a combined portfolio value in excess of $1 billion, giving it the capital resources to expand operations and deliver engineered reprocessing solutions worldwide.
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States’ active shale and unconventional “tight oil” plays by deploying oilfield related technologies to enhance the value of services it offers its customers. The Company’s frac water supply and flow back services subsidiary does business as AES Water Solutions and AquaTex. Its onsite oilfield contract safety consultancy does business as AES Safety Services, and the Company’s mobile oilfield power subsidiary does business as South Texas Power (STP). HII Technologies’ objective is to bring proven technologies to these operating divisions to build a long-term competitive advantage. Read more at www.HIITinc.com, www.AESwatersolutions.com,www.AESsafetyservices.com and www.Oilfield-Generators.com.