# Flotek closes expanded supply agreement with ProFrac

Flotek Industries closed a transaction with ProFrac Holdings to expand a long-term supply agreement, extending the term to ten years and increasing the minimum chemical product supply to the greater of 70% of ProFrac's requirements or chemicals for 30 hydraulic fracturing fleets.

- Type: Contract
- Announced: 2022-05-17
- Where: United States
- Status: completed
- Products: specialty green chemistry products, hydraulic fracturing chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Flotek Industries](https://endata.com/companies/8878.md) (supplier)
- [ProFrac Holdings](https://endata.com/companies/62930.md) (customer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/flotek-announces-closing-of-agreement-with-profrac-301549702.html), 2022-05-18: "Flotek Industries, Inc. today announced that it has closed its transactions under the previously-announced agreement with ProFrac Holdings, LLC"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.