DEMEX was originally
incorporated in 1972 to provide explosive services for marine
salvage and offshore pipeline construction in a worldwide
market, completing projects in the Middle East, Australia,
Caribbean, South America, South Africa, and the Far East.
Clients included the major oil companies, marine contractors,
and diving companies. In 1977, DEMEX became active in the
salvage of offshore oil and gas structures in the Gulf of
Mexico.
In 1985, DEMEX
expanded its explosive service market to include explosive
forming and explosive welding for the heat exchanger industry.
DEMEX was acquired by Southwestern Engineering (now known
as Thermal Engineering International) in 1991.
In August 1995,
DEMEX purchased the assets of Kenny Enterprises. The addition
of personnel from Kenny Enterprises established DEMEX as
the most experienced supplier of offshore explosive services.
In November
of 2003, DEMEX International Inc. became a privately held
legal entity. Subsequently, DEMEX International Inc. purchased
the assets of DEMEX from Thermal Engineering International
on December 30, 2003. Beginning January 1, 2004 DEMEX International
Inc. began operations.