Flotek Industries (FTK) plans to partner with Oman-based Gulf Energy to build an oilfield...

|About: Flotek Industries, Inc. (FTK)|By:, SA News Editor

Flotek Industries (FTK) plans to partner with Oman-based Gulf Energy to build an oilfield chemistry production facility and create an R&D organization focused on the Middle East and North Africa. FTK will own 60% of two new Omani-registered limited liability companies; FTK and Gulf will jointly market the products and services. FTK -1% premarket.