American Gilsonite

What American Gilsonite does

American Gilsonite Company is a privately held specialty hydrocarbon producer founded in 1890 and headquartered between its Bonanza, Utah mine site and a Houston regional office. It is the world's only commercial supplier of Gilsonite® uintaite, a naturally occurring hydrocarbon resin mined exclusively from deposits in the Uinta Basin of Northeastern Utah. The company's technical differentiation rests on the unique chemical and physical profile of the mineral: specific gravity of 1.01-1.04, >99% solubility in CS2, low sulphur content (<1% versus up to 10% in substitutes), and only 0.3% inorganic content, all verifiable through a proprietary brown streak test. American Gilsonite processes this raw material into a portfolio of branded specialty additives organized across two end markets: Oil & Gas (drilling fluids and cementing products including Gilsonite® H2O, Gilsonite® ENV, Gilsonite® AquaSol, Gilsonite® LCM, and G-Bond), and Industrial applications (asphalt modification via the Superpave Modifier, foundry sand additives, and the Selects 325/347 grades for inks, paints, and stains). The company also operates an Innovation Center and a tolling and manufacturing services business.

The company monetizes primarily through direct enterprise sales of specialty additive SKUs priced on a quote basis, with revenue from one-time product sales supplemented by contract tolling and manufacturing services for customers requiring custom processing. Distribution is enterprise-led via dedicated account managers covering Drilling Fluids (US/Canada and International), Cementing, and Industrial Markets, supported by regional supply centers in Houston, the Permian Basin, Dubai, and Singapore to compress lead times for global customers. The go-to-market combines direct technical sales with content-driven demand generation — multilingual technical brochures, case studies, white papers, and presence at ADIPEC, OTC, and AADE conferences. Customer segments are primarily large oilfield service companies, drilling contractors, E&P operators (drilling fluids and cementing), asphalt and road construction firms, foundries, and paint and stain manufacturers. The company holds ISO 9001 certification for mining and processing, operates the registered Gilsonite® trademark, and has 101-250 employees globally.

Name

American Gilsonite

Legal name

American Gilsonite Company

Website

http://www.americangilsonite.com/

Company type

Private

Founded year

1886

Operating status

Operating

Headcount range

101–250 employees

Short description

American Gilsonite Company is the world's only commercial supplier of Gilsonite® uintaite, a specialty hydrocarbon resin mined in Northeastern Utah, sold as branded additives to oil & gas (drilling fluids and cementing) and industrial (asphalt, foundry, inks/paints) customers via direct enterprise sales and global supply centers.

Ownership category

akta.pro rank

Product category

Specialty Hydrocarbon Resin Additives

NAICS

Ground or Treated Mineral and Earth Manufacturing (327992), All Other Nonmetallic Mineral Product Manufacturing (32799), Nonmetallic Mineral Product Manufacturing (327)

SIC

Abrasive, Asbestos & Misc Nonmetallic Mineral Prods (3290), Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Talc & Pyrophyllite (IMAEAFAC)

akta.pro secondary industries

Talc & Soapstone Mining (IMAKAGAF), Magnesite & Magnesium Minerals (IMAEAFAL)

Keywords

• Specialty hydrocarbon resin
• Drilling fluid additives
• Oil well cementing additives
• Uintaite mining production
• Asphalt performance modifiers

Headquarters

HQ city

Bonanza

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Gilsonite® Product Sales: Sale of specialty Gilsonite® uintaite additives for oil & gas (drilling fluids, cementing) and industrial applications (asphalt, foundry, inks/paints). Products sold directly through account managers with global distribution.
2. Tolling & Manufacturing: Contract manufacturing and tolling services for customers requiring custom processing of Gilsonite® products.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

American Gilsonite Company is the world's only supplier of Gilsonite® (uintaite), a naturally occurring hydrocarbon resin mined exclusively from deposits in the Uinta Basin of Northeastern Utah. The company mines, processes, and formulates this specialty mineral into branded additives (Gilsonite® H2O, ENV, G-Bond, LCM, AquaSol, Selects grades, and Superpave Modifier) sold to oil & gas operators, drilling fluids companies, cementing contractors, asphalt manufacturers, foundries, and producers of inks, paints, and stains. It also offers tolling and contract manufacturing services for customers requiring custom processing of Gilsonite® products.

Product overview

American Gilsonite Company is the world's only supplier of Gilsonite®, a naturally occurring hydrocarbon resin (uintaite) mined from deposits in Northeastern Utah. The company operates as a specialty minerals supplier with a portfolio of products organized across two main end markets: Oil & Gas (drilling fluids and cementing additives) and Industrial applications (asphalt, foundry, and inks/paints/stains). The core product is raw Gilsonite® uintaite, which is then offered in various specialized formulations including Gilsonite® H2O (water-based drilling additive), Gilsonite® ENV (multifunctional WBM product), GILSONITE® G-Bond (cement additive), Gilsonite® LCM (lost circulation material), and Gilsonite® AquaSol. For industrial markets, they provide product grades like Gilsonite® Selects 325 and 347 for inks/paints applications, and Gilsonite® Superpave Modifier for asphalt. The company also offers tolling and manufacturing services, operating an Innovation Center that develops industry-leading products.

Differentiator

Problem solved

Functional benefit

Brands

• Gilsonite®: Registered trademark brand name for the company's primary product - naturally occurring hydrocarbon resin (uintaite) used in oil & gas and industrial applications.
• G-Bond
• Gilsonite® H2O
• Gilsonite® ENV
• AquaSol
• Gilsonite® Selects 325
• Gilsonite® Selects 347

Quantifiable outcome

• Fluid loss additive cost reduction: 58.3% reduction in fluid loss additive costs per well (Field trials in Permian, Eagle Ford, Delaware, Midland basins)
• +7 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• ASPFALTA Prüf- und ForschungslaboratoriumminorOthersIndependent research facility located in Berlin, Germany that conducted comparative study of Gilsonite® vs. Trinidad Lake Asphalt (TLA) for mastic asphalt applications. Provided third-party validation of superior Gilsonite® performance characteristics.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Compass Minerals: Compass Minerals is a North American-based producer of specialty minerals including salt, sulfate of potash, and magnesium chloride for industrial, agricultural, and de-icing markets. Comparable as a specialty industrial minerals miner with vertically integrated operations and global distribution, though serving primarily different end-markets (agriculture, road de-icing) than oil & gas.
• US Silica Holdings: US Silica is a leading producer of industrial silica sand serving oil & gas (proppants), glass, and industrial markets from US mining operations. Comparable as a US-based specialty industrial mineral miner serving oil & gas applications with vertically integrated production and distribution, though focused on silica sand rather than hydrocarbon resins.

Direct peers

• CES Energy Solutions: CES Energy Solutions is a leading provider of technically advanced drilling fluid systems and specialty chemicals to the North American oilfield. Comparable in product portfolio (drilling fluid additives, cementing additives, production chemistries) and target customers (E&P operators, drilling contractors), with overlapping focus on oil-based and water-based mud systems.
• Newpark Resources: Newpark Resources is a global provider of drilling fluids and completion fluids systems for the oil & gas industry. Directly comparable as a specialty oilfield additive supplier competing in drilling fluids, with overlapping customer base of E&P operators and drilling contractors across Permian, Gulf of Mexico, and international basins.

Broad incumbents

• Halliburton (Baroid): Halliburton's Baroid division is the largest global drilling fluids and reservoir drill-in fluids supplier. Comparable as a broad oilfield services incumbent offering drilling fluid additives, including lost circulation materials and specialty chemistries, though as part of a much wider portfolio spanning completions, production, and digital services.
• Elementis: Elementis is a specialty chemicals company producing performance additives for coatings, oilfield, and personal care markets. Comparable in supplying rheology modifiers, dispersants, and specialty additives for oil & gas drilling fluids and paints/coatings applications, though with broader focus and synthetic/semi-synthetic chemistries vs. Gilsonite's natural hydrocarbon resin base.
• Imerys: Imerys is a global specialty minerals producer serving performance additives markets including paints/coatings, foundry, and construction materials. Comparable as a diversified industrial minerals supplier serving overlapping end markets (inks, paints, foundry) with processed mineral products, though with broader product breadth and a multi-mineral portfolio.
• Stepan Company: Stepan Company is a specialty chemicals manufacturer producing surfactants, polymers, and specialty products for oilfield, construction, and industrial markets. Comparable as a specialty chemicals supplier serving oil & gas and industrial end markets, though with a broader, primarily synthetic chemistry portfolio rather than a natural mineral focus.
• Mineral Technologies: Mineral Technologies processes specialty minerals including talc, calcium carbonate, and bentonite for performance additive applications. Comparable as a specialty industrial minerals producer serving paints/coatings, construction, and industrial markets with processed mineral products, though serving different specific mineral end-uses than Gilsonite.
• Schlumberger / SLB (M-I SWACO): SLB's M-I SWACO is a major global drilling fluids and equipment supplier, directly competing with Gilsonite® in drilling fluid additive applications. Comparable as a broad oilfield services incumbent, though offering a comprehensive product suite beyond specialty additives including drilling fluids engineering and managed pressure drilling.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about American Gilsonite