Rumor is now that Upstream Chemicals is being primed for sale. Incredible levels of inventory reductions and spend reductions, right when UC is in the middle of a great comeback from the downturn. It doesn't make sense, unless they're padding the P&L for a sale. Honestly, if they were sold, that would be the best thing that has happened to UC in the last 12 years, since before One Baker Hughes.
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worst company! Doesn't know how to treat its employees right.
Adapt? 😂
There you go thinking you’re smarter than everyone else.
Im guessing you guys have a big daiquiri machine that has an easy button.
I would like an extra shot of Blue Diesel in mine. And hurry up with that order, or no tip.
Hmm. No knowledge of chemical’s products, application or business you say?
But the do have a long experience of customer intimacy, bringing solid customer relationships and spending a lot of time with customers at least?
Oh they’ve got an MBA alright, no knowledge of chemicals, chemistry, nor the business, but they’re YES people that bend over easy and throw their own folks under the bus.
Who’s at fault?? HR for letting this 💩 slide for way too long. Eventually things catch up to you. That organization, that Office is doomed
@6vuy+1bjCfhtd, just because they don’t know what chemicals does it shouldn’t stop them from doing well in Sugarland.
In fact, they check all the boxes! Doesn’t known what chemicals does and is generally contemptuous of chemicals and their people! They’ll be on the fast track - don’t suppose they’ve got an MBA?
Heard aberdeen office went to the wall and down the cr----r. What happened? Bad management again? Poor training. Poor education? Incompetence? Get rid of wrong people?
“There’s nothing special about your chemicals business. Anyone can mix drilling mud and inject acid into a well or pipeline. Not a big mystery.”
You absolutely have zero idea what Chemicals does do you???
First of all, we don’t mix drilling mud - that’s Drilling and Completions Fluids and completely separate PL.
Of all the PLs, Chemicals is the only one positioned to adapt to any transition the organization takes, including energy transition. We support markets outside O&G.
That’s your take away from all of this?
You missed the mark big time. Let me point it out again.
No body cares about chemicals, even the leadership because they gave a “yes” drilling engineer the chemicals plant. They just needed someone to fill a spot. Doesn’t matter that he’s lost, because the leadership knows the doers will do. That’s until they give chemicals and a bag of cash to another company to deal with. Then BH will go purchase another chemical company that is more aligned with BH new vision.
The chemicals business is operating in the Stone Age. There’s nothing special about your chemicals business. Anyone can mix drilling mud and inject acid into a well or pipeline. Not a big mystery.
97% of the current Baker Hughes work force not out of high school in 1997????
Well, that explains why the company is in shambles now doesn’t it?
Let’s consider the millennials in leadership roles now at Baker. We even have them in Chemicals lmao!!! Let’s put a drilling engineer to head a chemicals department. Hahahhahahahahagahaggaa
I don’t agree with your whole approach towards drilling, but I do wonder how people in this company ain’t got no teeth😂! In a company that pays to clean your teeth. Growing a beard doesn’t change the fact that your teeth are falling out like dice on a street curb. And your breath smells like road ki-l. You are literally talking shyte every time you open your mouth, which is ironic because the less teeth in this company the more likely you blow hot air when you speak. It’s so bad I can smell your breath on Skype call. Good thing you don’t have to blow up balloons at work, because you don’t have any freaking teeth to hold the end.
Brah! Get that stuff fixed! It’s time !
Well, we already knew that none of you drilling guys paid attention to your education in high school. That’s why every tine one of you sub-omega demi-mo--ns loses a finger on the drill floor your numeracy drops another 10% from the day you were expelled from school.
Hey! Maybe THAT’S why Aberdeen keeps losing all its drilling business?
Still doesn’t explain why you all have fewer teeth than fingers though.
97% of BH workforce was not out of high school in 1997. Therefore none of us would have known or cared about chemicals merger. I was too busy worrying about stuff that mattered Back then. Like living the life most guys dream about. But one thing has stayed constant. Yeap, I didn’t care about chemicals then and I don’t care about chemicals now.
Yes! Let chemicals operate like a chemical company.
They want it to be like the others, but since One Baker Hughes it’s been downhill.
Then they’re trying to make it function operationally like the other PLs when it couldn’t be any more different. Chemicals is a relationship business. How well our account managers blow the customer is more important than how well we execute
What all u drilling r-tards dont realize is that the real merger happened in 1997 when Petrolite merged with Baker Performance Chemicals. Since then, we’ve been a world class chemical company with an underperforming oilfield service company attached.
This is for all of you, employed and unemployed. No one inside of BH even knew chemicals existed until all of you started posting your importance/ unimportance.
News flash, you all suck.
This is survival of the fittest/unfittest.
So put a sock in it cause no one gives two shytes about chemicals.
Okay? Cheerioh
Yep just another disgruntled former employee or one who doesn’t have the first clue what he/she talking about.
Oh, and @2fkl+1bjCfhtd, it’s “whoever”. I guess you’re just one of the galaxy brains that chemicals retained when they got rid of all the “dead wood”.
You don’t need big words to be a “yes” man!
@2fkl+1bjCfhtd Lol! Kinda proving the point.
Propping up a $15,000,000,000 loss in 2020!
Yeah, what would they do without chemicals. Guess I’m too d-mb to read a P&L, mind you, not much need for the P.
Difficult to see a long term viable future for chemicals inside BH. It is carrying the burden of ageing manufacturing plants and a customer base which is diversifying away from oil production and refining. There would always be a buyer if the price was right but most likely there would not be many interested parties.
Hate to tell you, whomever has the rainbow quote- Upstream Chemicals does in fact prop the rest of the company up during the downturns. If you had the ability to read a P&L you’d know that.
Trust me. Some of us are tired of always being correct. At least you’re acknowledging that you hope the more intelligent people are let go. Good, we want to go.
Finally, we can get rid of the people who uses the phrase "Thats what I thought"!
Yes , businesses like drilling are being sold off with the leadership that’s running them into the ground. But some dummy will let them back in to sc--w things up again.
UPstream business is the bread and butter of that PL. It doesn’t make any sense to sell it off as a standalone and keep downstream but what would make sense is that they clean house of all the incompetent leadership and redo that organization from the ground up.
Wait…maybe it is wise to just spin it off lol.
Same rumor every 6 months for the last 12 years.
Only three things are certain in this life: 1) rumors that chemicals about to get sold/spun off; 2) chemicals people saying they are propping up the rest of the company during downturns; 3) chemicals doing something stupid to sc--w up their own business and fall flat in front of customers (this is not the first inventory reduction).
Keep on chasing that rainbow guys
You people know what you’re doing? What about the drilling dept - are they up for sale also after f-ups by management?
Speed and timing is of the essence. They will sell everything but the name.