Chemfix Technologies Inc said it acquired the remaining 50 pct of its California affiliate VenVirotek previously owned by a Ventura Calif. businessman. Terms were not disclosed. VenVirotek proved the Chemfix Process could be successfully applied to convert spent drilling fluids into a reusable clay-like product that is suitable for use as landfill cover.
CHEMFIX <CFIX> ACQUIRES BALANCE OF AFFILIATE