About United Energy

United Energy Corp. engages in the development and distribution of specialty chemical products with applications in various industries and markets. The company, through its wholly owned subsidiary, Green Globe Industries, Inc. (Green Globe), provides the U.S. military with various solvents, paint strippers, and cleaners under its trade name ‘Qualchem’. Principal Products The company’s principal products include its K-Line of Chemical Products for the oil industry and its Green Globe Chemical Products. K-Line of Chemical Products KH-30 is a mixture of modified oils, dispersants, and oil-based surfactants designed to control paraffin and asphaltene deposits in oil wells. KH-30 disperses and suspends paraffin and asphaltene in a free-flowing state and prevents solids from sticking to each other or to oil well equipment. KH-30 is patented in the United States and other major oil producing countries. KX-100 is a proprietary formula where contact time is limited for removal of a plug of paraffin or asphaltene. SR-3 Scale and Rust Remover is a corrosion inhibited product developed to remove both calcium carbonate and calcium sulfate salt deposits. SR-3 is a water-soluble scale remover designed to alleviate hard and soft deposits and to restore full flow capacity. The product is also designed to remove rust while adding protection against further rusting by providing a phosphatized surface on ferrous metals. HPD-1 PLUS is specifically formulated to offer remediation of tough clogging problems with upper medium to high molecular weight paraffin. It performs multi-functional characteristics to impart wettability, penetration and dispersion, and is a solvency for paraffin rich heavy sludge with the proper treatment dosage and application. GSA Gun & Bore Cleaner is a proprietary formula, which is a bore and chamber cleaner. It can be used on everything from small handguns to 16 inches guns. GSA Gun & Bore Cleaner is being marketed and distributed by TopDuck Products LLC under their trademark ‘Gunzilla BC-10’. Green Globe Chemical Products Leak Detection Compound Type I and II is a gas leak detection compound that is compatible with oxygen. It is intended for use in detecting leaks in both high and low-pressure oxygen systems in aircraft and other related oxygen systems. Corrosion Inhibitor is an additive intended for use with anti-freeze in water at a concentration of 3% to retard corrosion. Corrosion Removing Compound Type I, II, and III are corrosion removing and metal conditioning compounds, which when diluted with water, would remove rust from ferrous metal surfaces. Ethylene Glycol/Water Coolant is a mixture of Ethylene Glycol and distilled water to provide a coolant mixture for use in radar domes used by the military. NPX Powder Coating is a reusable paint stripper. NPX is a blend of chemicals which provide a safe method of stripping metals, including magnesium, zinc, high strength steel, and titanium. Customers The company's customers include Petrobras America Inc., Solarium Oil Solutions, Facility Solutions LTD., and Ainex Corporation. Suppliers The company's suppliers include Pride Solvents and Chemical Co. of NJ Inc.; Hy-Test Packaging Corp; and Air Products and Chemicals. Markets The company primarily serves oil well owners and major oil companies in the United States, Mexico, South America, Africa, Europe, and the Middle East. History United Energy Corp. was founded in 1971.

Country
Industry:
Crude petroleum and natural gas
Founded:
1971
IPO Date:
08/08/1994
ISIN Number:
I_US9109002082
Address:
101 East Park Boulevard, Suite 600, Plano, Texas, 75074, United States
Phone Number
469-209-5829

Key Executives

CEO:
Data Unavailable
CFO
Data Unavailable
COO:
Data Unavailable