Chemstore gets backing to target the oil and gas sector

Company will use funding to expand into new markets

20th March, 2016
Shane O’Carroll, director of Chemstore; Neil O’Carroll, chief executive of Chemstore; David O’Carroll, director of Chemstore; and Andrew Bourg, director of BDO

Done Deal: funding of €1.1 million

The clincher:“Within five years, we want to have a turnover of €20 million. This new range introduced us to the global oil and gas market, and we will begin selling to the US market in the next 18 months” - Neil O’Carroll, chief executive, Chemstore Group

Limerick’s Chemstore Group has secured investment of €1.1 million from the Davy EII Tax Relief...

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