Aiming to expand its offerings for dielectric fluids and other electrical insulating lubricants and coolants, chemical manufacturer and distributor Soltex Inc. announced Monday that it has acquired DSI Ventures.
A news release distributed by Woodlands, Texas-based Soltex did not disclose the price of the deal nor DSI’s revenues.
Electrical insulating coolants and lubes are areas of increasing interest for the lubricants industry because of growth in a range of applications. Electric vehicles and data center immersion cooling systems attract the most attention currently, but similar performance capabilities are increasingly needed in areas such as battery storage, robotics, aerospace and shipping. The common needs are abilities to disperse high levels of heat and to accommodate electrical currents.
Demand for immersion coolants is growing because of continued growth in data centers and a trend to cool them with immersion systems, which are considered more effective and therefore as energy-saving.
DSI is headquartered in Tyler, Texas, and specializes in the supply of highly biodegradable lubricants and insulating products. It is very established in immersion coolants and fluids, with products for and customers in the krypto mining, data center, marine, aviation, robotics and battery technology industries.
Soltex launched its own line of immersion coolants last year and has long offered dielectric fluids along with chemical additives for such products and related services.
The dielectric fluids that Soltex offered before the acquisition are made from alkylated base stocks, while DSI chemistry targeting the immersion cooling market are made from synthetic hydrocarbons and highly refined petroleum oils.
Soltex’s existing dielectric fluids are manufactured with polybutene and alkylate base stocks, while DSIV chemistry targeting the immersion coolant market are made from synthetic hydrocarbons and highly refined petroleum oils.