What Containment Solutions does

Containment Solutions, Inc. (CSI) is a manufacturer of industrial fluid storage products, operating as a branded product line within NOV (National Oilwell Varco, NYSE: NOV), a diversified energy services and manufacturing conglomerate. Headquartered in Conroe, Texas, the company employs 51-100 people and serves industrial and municipal customers requiring storage and containment for petroleum products, water, and industrial liquids. The firm claims more than 50 years of operating history and hundreds-of-thousands of cumulative tank installations, and is positioned as part of NOV's broader composite and corrosion-resistant product portfolio that also includes Belco, Ershigs, and Plasti-Fab.

The company's product portfolio consists of five core lines: petroleum storage products (fiberglass underground tanks), water storage products (fiberglass underground tanks), oil/water separator and interceptor products, aboveground steel storage products for lubricant storage, and field services supporting installation and maintenance. The core technology is a patented manufacturing process for producing underground fiberglass and aboveground steel storage tanks; the company does not disclose proprietary software, digital platforms, or AI/ML components. Products are sold B2B via a direct sales motion with quote-based pricing, and marketing is delivered through the NOV corporate platform including a brand-specific literature library and online quote-request tooling.

Containment Solutions is not a separately traded entity; ownership and operational control sit with NOV's shareholders through its public equity structure. The business is best characterized as a mature, cash-generative industrial product line whose economics are tied to North American infrastructure replacement cycles, environmental compliance-driven retrofit demand (particularly for underground petroleum storage), and municipal water/wastewater capex — rather than to discretionary growth segments.

Name

Containment Solutions

Legal name

National Oilwell Varco, Inc.

Website

https://containmentsolutions.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

Containment Solutions designs and manufactures underground fiberglass and aboveground steel storage tanks for petroleum, water, and industrial liquids, serving industrial and municipal customers as a branded product line within NOV (NYSE: NOV).

Ownership category

akta.pro rank

Product category

Industrial Storage Tanks

NAICS

Metal Tank (Heavy Gauge) Manufacturing (332420), Metal Tank (Heavy Gauge) Manufacturing (33242), Boiler, Tank, and Shipping Container Manufacturing (3324)

akta.pro primary industry

Pressure Vessels, Columns & Storage Tanks (ASME/Process Vessels) (IMAHAEAF)

akta.pro secondary industry

FRP/GRP & Composite Materials (Resins, Fibers, Core Materials) (IMAJAKAC)

Keywords

• Fiberglass storage tanks
• Underground petroleum tanks
• Aboveground steel tanks
• Oil water separators
• Industrial fluid storage

Headquarters

HQ city

Conroe

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Distribution channels1 record

Core offering

Containment Solutions designs and manufactures underground fiberglass and aboveground steel storage tanks for industrial and municipal customers. Its product portfolio includes petroleum storage tanks, water storage tanks, oil/water separators and interceptors, aboveground steel lubricant storage tanks and accessories, complemented by on-site field services for installation and maintenance. The offering leverages a patented manufacturing process and over 50 years of installation history.

Product overview

Containment Solutions is a brand under NOV (National Oilwell Varco) offering a portfolio of industrial storage solutions. The product line includes petroleum storage products (fiberglass underground petroleum storage tanks), water storage products (fiberglass underground water storage tanks), oil/water separator and interceptor products, aboveground steel storage products for lubricant storage, and field services. The company leverages over 50 years of experience, hundreds-of-thousands of tank installations, and a patented manufacturing process to serve storage needs across various industrial applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Petroleum Storage Products
• Water Storage Products
• Oil/Water Separator and Interceptor Products
• Aboveground Steel Storage Products
• Field Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Recent moves4 records

Expansion highlights3 records

Others

• Belco: Belco is a sister NOV brand manufacturing corrosion-resistant fiberglass products for industrial and municipal markets. It is an adjacent NOV portfolio company that addresses overlapping customer needs in corrosion-resistant containment.
• Ershigs: Ershigs is a sister NOV brand providing turnkey FRP design, manufacturing, and installation for corrosion-resistant industrial applications. It is a complementary NOV composite offering rather than a direct tank competitor.
• Plasti-Fab: Plasti-Fab is a sister NOV brand manufacturing composite products for water, wastewater, chemical, and industrial markets. It overlaps with Containment Solutions in composite liquid containment but serves adjacent verticals within NOV's portfolio.

Direct peers

• CST Industries: CST Industries is a leading manufacturer of factory-coated bolted steel tanks and storage solutions for liquid and dry bulk applications. It overlaps with Containment Solutions' aboveground steel storage tank product line for industrial liquids.
• Highland Tank: Highland Tank designs and manufactures steel storage tanks for petroleum, water, and industrial liquids, including aboveground and underground configurations. It directly competes with Containment Solutions' steel tank and petroleum storage offerings.
• Snyder Industries: Snyder Industries manufactures a broad range of liquid storage tanks including polyethylene, steel, and custom industrial tanks for water, chemicals, and petroleum. It competes with Containment Solutions across multiple liquid containment categories.
• ZCL Composites: ZCL Composites, now part of Shawcor alongside Xerxes, manufactured fiberglass underground storage tanks primarily for fuel and water. It is a direct historical competitor to Containment Solutions' underground fiberglass tank business.
• Modern Welding Company: Modern Welding produces aboveground and underground steel storage tanks for petroleum, water, and industrial applications, including oil/water separators. It is a direct competitor in steel tank and separator product categories.
• T.F. Hudgins: T.F. Hudgins provides petroleum equipment including storage tanks and related field services for industrial and oilfield customers. It overlaps with Containment Solutions in petroleum storage equipment and field services.
• Xerxes (Shawcor): Xerxes, now part of Shawcor's Composite Systems segment, is one of the largest North American manufacturers of underground fiberglass storage tanks for petroleum and water. It is the closest direct competitor to Containment Solutions' core fiberglass UST product line.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Containment Solutions