Flotek awarded $1 billion+ long term contract

Houston, feb. 17, 2022 /prnewswire/ -- flotek industries, inc. ("flotek" or the "company") (nyse: ftk), a leader in technology-driven, specialty green chemistry solutions, has entered into an agreement with profrac holdings, llc ("profrac") to expand the previously-announced long term supply agreement with one of profrac's affiliates. the company anticipates that, after closing, the new expansion will increase revenue backlog by at least $1 billion, and up to $2.1 billion, over the next ten years.
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