PLYMOUTH, Mich. (Nov. 5, 2008) — Simrit Oil & Gas L.L.C. has acquired the assets of Houston-based Petroleum Elastomers Inc., a maker of specialized custom sealing components for the oil and gas industry.
Petroleum Elastomers molds a variety of elastomeric products and primarily is known for its blow-out preventer ram packers and spherical packing elements, Simrit said. The products operate in extreme conditions, such as snubbing and H2S service, and Petroleum Elastomers provides replacement seals for the most popular blow-out preventers, according to Simrit Oil & Gas, part of the Simrit division of Freudenberg-NOK G.P.
Petroleum Elastomers' other products include strippers, bonnet seals, top seals and seal kits for the oil and gas industry. The terms and other details of the sale weren't disclosed