LiquidPower Specialty Products (a Berkshire Hathaway Company)
Oil, Gas, and Mining • 
Houston, Texas, United States • 201-500 Employees
Company overview
| Headquarters | 2103 CityWest Blvd., Suite 1400, Houston, TX 77042, US |
| Phone number | +17133398703 |
| Website | |
| NAICS | 211 |
| SIC | 281 |
| Keywords | Heavy Oil, Drag Reducing Additives, Drag Reducing Agents (Dra), Flow Improvers, Berkshire Hathaway, Drag Reducer, Pipeline Takeaway Capacity, Pipeline Transportation |
| Founded | 1973 |
| Employees | 201-500 |
| Socials |
Key Contact at LiquidPower Specialty Products (a Berkshire Hathaway Company)
LiquidPower Specialty Products (a Berkshire Hathaway Company) Email Formats
LiquidPower Specialty Products (a Berkshire Hathaway Company) uses 3 email formats. The most common is {first initial}.{last name} (e.g., j.doe@liquidpower.com), used 56.2% of the time.
| Format | Example | Percentage |
|---|---|---|
{first initial}.{last name} | j.doe@liquidpower.com | 57.4% |
{first name}.{last name} | john.doe@liquidpower.com | 41.9% |
About LiquidPower Specialty Products (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.
LiquidPower Specialty Products (a Berkshire Hathaway Company) revenue & valuation
| Annual revenue | $150,000,000 |
| Revenue per employee | $546,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Oil, Gas, and Mining industry and current estimated revenues | $480,000,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 201-500
Seniority
Employees
Employees by Department
LiquidPower Specialty Products (a Berkshire Hathaway Company) has 153 employees across 12 departments.
Departments
Number of employees
Funding Data
LiquidPower Specialty Products (a Berkshire Hathaway Company) has never raised funding before.
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