"We are pleased to complete this process and emerge with a solid financial foundation to support our future growth," said David Dugas, Chief Executive Officer of ESP PetroChemicals. "As the oil and gas market stabilises, we believe we are well-positioned to meet our customers' growing needs for increased productivity and enhanced profitability through our proprietary line of custom-blended products and innovative applications. We appreciate the commitment of our employees, customers and vendors, whose support has been critical throughout this restructuring process. We look forward to continuing to work together into the future and crafting custom-created solutions to meet our customers' unique needs."