SIC Code 5169-78 - Oil Field Chemicals (Wholesale)

The Oil Field Chemicals (Wholesale) industry involves the distribution of chemicals and related products used in the exploration, production, and refining of oil and gas. These chemicals are designed to enhance the efficiency and safety of oil and gas operations, as well as to protect the environment. Companies in this industry typically purchase chemicals from manufacturers and then sell them to oil and gas companies, drilling contractors, and other related businesses. The products distributed by companies in the Oil Field Chemicals (Wholesale) industry include drilling fluids, corrosion inhibitors, demulsifiers, scale inhibitors, and biocides. Drilling fluids are used to lubricate and cool the drill bit, as well as to carry rock cuttings to the surface. Corrosion inhibitors are used to protect metal equipment from rust and other forms of corrosion. Demulsifiers are used to separate oil and water, while scale inhibitors prevent the buildup of mineral deposits in pipes and other equipment. Biocides are used to control the growth of bacteria and other microorganisms that can cause damage to equipment and pose a risk to human health. The Oil Field Chemicals (Wholesale) industry is an essential part of the oil and gas sector, as it provides the necessary chemicals and products to ensure the safe and efficient extraction and processing of these resources. As such, companies in this industry play a critical role in supporting the global energy supply chain.