Chemical Management, Science and Research

FLOTEK APPOINTS BOND CLEMENT TO ROLE OF CHIEF FINANCIAL OFFICER

FLOTEK APPOINTS
Flotek Industries, Inc. a leader in technology-driven specialty green chemistry solutions announced the appointment of Mr. Bond Clement to the role of Chief Financial Officer.

Mr. Clement began his career in 1993 within Arthur Andersen's assurance services group focused primarily on energy related clients. He has more than 25 years of financial and accounting experience within the energy sector. Mr. Clement served for 17 years with PetroQuest Energy Inc., which was a publicly traded exploration and production company with oil and natural gas assets located in multiple basins throughout the U.S. His various financial and accounting related management roles at PetroQuest included 12 years as the Company's Executive Vice President and Chief Financial Officer. Mr. Clement received a B.S. degree in Accounting, Cum Laude, from Louisiana State University and is a Certified Public Accountant (inactive). Mr. Clement serves on the Board of New Hope Community Development of Acadiana, an organization dedicated to breaking the generational cycle of poverty through educational initiatives.

John W. Gibson, Jr., Chairman, President, and Chief Executive Officer of Flotek said "We are excited to welcome Bond Clement to Flotek. We believe the combination of his deep energy industry expertise and a proven track record as a public company CFO positions him to immediately add value as we transition into a profitable, cash generative company."

"I am thrilled for the opportunity to join the Flotek team at such a transformational period in the Company's history. I look forward to augmenting the Company's already strong focus on achieving profitability across the enterprise, which will ultimately be the driving force behind shareholder value creation."

Mr. Clement 

About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people.  A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use.  Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies.  Flotek serves downstream, midstream, and upstream customers, both domestic and international.  Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK."

Spotlight

Spotlight

Related News

Chemical Management

Sinopec NZRCC Selects Lummus' Polypropylene Technology for Large-Scale Plant in China

PR Newswire | October 17, 2023

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. (Sinopec NZRCC), a subsidiary of the Sinopec Group and its flagship refining and petrochemical company. Sinopec NZRCC will license Lummus' Novolen® technology for a new 500 kilo ton per annum polypropylene plant in Ningbo, China. "With this award, our Novolen business strengthens its position in China and globally, reinforcing it as the industry's leader and preferred process for producing high-quality polypropylene," said Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology. "We look forward to supporting Sinopec NZRCC's project to build this highly competitive plant by providing timely, superior process design- and implementation services." Lummus' scope includes the technology license, basic design engineering, training and project engineering services. Today, Novolen is the industry's leading polypropylene technology and can deliver a sustainable route for polymers production, while maximizing the financial benefits of operations through lower CAPEX and OPEX. The technology is highly flexible, robust, energy efficient and allows production of a full grade slate of leading polypropylene products of all product families, including homopolymers, random copolymers, terpolymers, impact copolymers and rTPO's. About Lummus Technology Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.

Read More

Chemical Management

908 Devices Enters Initial Production Phase of US Department of Defense Aerosol and Vapor Chemical Agent Detector Program

Business Wire | September 28, 2023

908 Devices Inc. a pioneer of purpose-built handheld and desktop devices for chemical and biochemical analysis, announces that it has entered the initial production phase of the Aerosol and Vapor Chemical Agent Detector (AVCAD) program. The company and its partner on the project, Smiths Detection, will initially produce 122 systems in this next phase. The systems, which have been in development and testing since 2019, are a next generation chemical detector, designed to detect, identify, alarm and report the presence of traditional and advanced threat vapors and aerosols. Using a wireless remote alarm capability, the AVCAD, which can be mounted or portable, will support missions for the U.S. Army, Navy, Coast Guard, and Marine Corps. To ensure the highest level of detection and to meet the key deployment needs of the U.S. Department of Defense, the AVCAD features the company’s High Pressure Mass Spectrometry (HPMS) technology. Mass spectrometry is considered to be the gold standard of analytical lab techniques. 908 Devices’ proprietary HPMS technology leverages micro scale geometries and high frequency electronics to enable an efficient regime of vacuum operation for a significant reduction in device size and power consumption compared to conventional lab instruments. “908 Devices is pleased to continue working with the U.S. Department of Defense and our partner, Smiths Detection, on this enterprise, multi-year program,” said Kevin J. Knopp, CEO and Co-founder of 908 Devices. “Being selected for this limited production phase validates our technology as a new standard for chemical detection and we are truly honored to have a role in protecting our U.S. military.” About 908 Devices 908 Devices is revolutionizing chemical and biochemical analysis with its simple handheld and desktop devices, addressing critical-to-life applications. The Company’s devices are used at the point-of-need to interrogate unknown and invisible materials and provide quick, actionable answers to directly address some of the most critical problems in life sciences research, bioprocessing, pharma/biopharma, forensics and adjacent markets. The Company is headquartered in the heart of Boston, where it designs and manufactures innovative products that bring together the power of mass spectrometry, microfluidic sampling and separations, software automation, and machine learning.

Read More

Chemical Management

LBB Specialties Announces Principal Partnership with Viscofan

PR Newswire | October 25, 2023

LBB Specialties (LBBS), a leader in specialty chemicals and ingredients distribution in North America, announces a new partnership with Viscofan DE, a global leader in collagen manufacturing. LBB Specialties will be Viscofan's preferred partner in the United States for their portfolio of premium collagen hydrolysates, including COLLinstant® and COLLinstant LMW®. "Viscofan has over 90 years of experience in the collagen market. We are excited to bring this expertise to our customer base, as these products meet global consumer demand for highly bioavailable ingredients with a major advantage over traditional collagen formulas," said Mike DeGennaro, Senior Vice President of LBB Specialties Food & Nutrition. Viscofan DE is the center of excellence for collagen products within the Viscofan group. Viscofan applies proprietary technologies and standardized extraction methods to process collagen from bovine skin for the development and industrial-scale production of novel collagen ingredients and biometrics. "LBB Specialties' technical expertise and dedicated commercial team is uniquely positioned to expand our innovative offerings in the US nutraceutical market," said James Murray, Business Manager at Viscofan. "Their existing portfolio of high-quality ingredients for health and wellness applications is the perfect complement to our COLLinstant® product line of collagen peptide alternatives." About LBB Specialties LBB Specialties is a leader in North American specialty chemicals and ingredients. It is a diversified supplier serving end-markets including care, food & nutrition, industrial specialties, and life sciences. LBB Specialties generates approximately $500 million in revenue annually and employs more than 110 commercial team members.

Read More