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Re: carmine_langone post# 1092

Wednesday, 04/04/2012 5:42:06 PM

Wednesday, April 04, 2012 5:42:06 PM

Post# of 1776
Maybe this will give some explanation for the future.


Going places
Flotek recently completed the expansion of its chemical processing facility in Oklahoma. The expansion will not only boost production, but it will also lift bulk storage and blending tank capacities considerably. What’s impressive is that Flotek has also purchased land near the unit to expand storage facilities further as necessary.
Flotek isn’t focusing on domestic expansion alone. It will start shipping chemicals to Russia in a few weeks. This is a smart move simply because Russia is the largest oil producer in the world, and ExxonMobil (NYSE: XOM ) and other oil giants have a foothold even in the remotest areas of Russia. Flotek’s products are also making their way into the Middle East and Latin American markets.

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