Question · Q2 2025
Requested more details on the expected second-half ramp in the oil and gas business, the deployment of new sales personnel, the status of the BP relationship, and the performance of the business in Brazil.
Answer
The company stated the oil and gas ramp will focus on oil storage tank bottoms and pipeline casings with large customers. The new sales hires have been deployed globally in North America, the Middle East, Asia, and Europe. The BP relationship has not yet yielded significant results. The oil and gas business in Brazil is performing very well and ramping up nicely.
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