Dexon Technology PLC Launches Dexon Technology Inc. USA to Serve the North American and Canadian Oil and Gas Markets
Dexon Technology PLC, a leading smart pigging technology provider for the oil and gas industry, has launched Dexon Technology Inc. USA, a new subsidiary dedicated to serving the US and Canada markets. Dexon’s board of directors on the 5th of May 2023, approved the use of USD 1,000,000 for the USA expansion, which was raised during the company’s recent listing on Thailand’s Market for Alternative Investment (MIA) stock market.
The launch of Dexon Technology Inc. USA marks another step in the company’s international expansion, following the opening of Dexon Technology Europe with the opening of a new office in Houston, Texas. The new subsidiary has been incorporated with a registered capital of USD 1,000,000 which will be used to support its operations and growth in Northern America.
Dexon Technology Inc. USA will specialize in the smart pigging of both onshore and offshore oil and gas pipelines and fired heaters (furnaces). Smart pigging is an inspection technique that uses intelligent devices to inspect and assess the integrity of pipelines and fired heaters, helping to reduce the risk of leaks and other operational hazards.
Dexon Technology PLC holds 100% of the shares issued under Dexon Technology Inc. USA, ensuring that the new subsidiary remains closely aligned with the company’s vision and values. The launch of Dexon Technology Inc. USA represents an important step in Dexon Technology’s global expansion plans, and the company is committed to delivering high-quality smart pigging services to customers across the Americas.