Must be the offices in Sugar Land, Texas. What are they doing right or wrong?
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And the chemicals business globally employs a lot more than a 1000 people and has lost a lot more than 20 people globally. As stated several times on different posts, the chemicals business isn't getting hit as hard because it sells production chemicals and production isn't declining.
The chemical business unit as such takes in people who report to the Sugar Land office management in one way or another from the field, overseas business offices, Sand Springs, Barnsdall and who knows where else.
Anonymous67540 - exactly my point, I thought they had less than 300 people over there
Anyone who thinks there is anything approaching 1000 people working in Sugar Land needs to get a grip. More like 300 - 350.
That's Petrolite. They are production and downstream so they have plenty of business regardless of rig count. They don't make the money that drilling and completions related divisions make, but they have job security in a downturn. How do you know they only laid off 20 out of 1,000?
What unit, and what makes Sugar Land so protected?