Business Description :
Flotek Industries, Inc. develops and supplies oilfield products, services, and equipment to the oil, gas, and mining industries in the United States and internationally. Its Energy Chemical Technologies segment designs, develops, manufactures, packages, and markets specialty chemicals used in oil and gas well drilling, cementing, completion, stimulation, and production. This segment also constructs and manages automated material handling facilities; and manages loading facilities and blending operations for oilfield services companies. The companys Consumer and Industrial Chemicals Technologies segment develops, manufactures, and processes citrus oil products for the flavor and fragrance, and specialty chemical industry, as well as for beverage and food companies, and companies providing household and industrial cleaning products. Its Drilling Technologies segment manufactures, sells, rents, and inspects down-hole drilling equipment used in energy, mining, water well, and industrial drilling activities, as well as provides specialized equipment for drilling, completion, production, and work-over activities. This segment also rents tools, such as stabilizers, drill collars, reamers, wipers, jars, shock subs, wireless survey, measurement while drilling tools, stemulator tools, and mud-motors; and sells equipment comprising mining equipment, cementing accessories, and drilling motor components. The companys Production Technologies segment assembles and markets production-related equipment, including the Petrovalve product line of rod pump components, electric submersible pumps, gas separators, and valves, as well as provides services that support natural gas and oil production activities. Flotek Industries, Inc. also serves oil and natural gas, pressure pumping service, international supply chain management, national and state-owned oil, and food manufacturing companies. The company is headquartered in Houston, Texas.
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