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A multinational corporation that has operated cementing services in Alberta for close to a century plans to shut down those operations in Western Canada by the end of the month.

Halliburton, an oilfield service company headquartered in Texas, says it is suspending its cementing product service line at the conclusion of 2019.

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“We made this difficult decision because we do not foresee the ability for the product line to provide a sufficient rate of return. We will continue to provide specialty cementing solutions, blends and chemical additives to our customers that require our proprietary products and processes,” the company said in an emailed statement.

“All of our other product lines that are currently working in Canada are still operating.”

Halliburton has operated its cementing division in Alberta since 1926, when founder Erle P. Halliburton sent his brothers, George and Paul, to Turner Valley to start the Oilwell Cementing Company, a spokesperson said.