FLOTEK AND TIPRO KICK-OFF INDUSTRY INITIATIVE TO FIGHT CHILD HUNGER
Flotek to donate portion of sales from Complex nano-Fluid® product line in September to hunger relief campaign
HOUSTON – September 1, 2016 — One in four children in Texas live in households that struggle against hunger, according to No Kid Hungry, a national campaign dedicated to ending childhood hunger in America. To combat this staggering rate of child hunger, Flotek Industries, Inc. (NYSE: FTK) is partnering with the Texas Independent Producers & Royalty Owners Association (TIPRO) this September to provide hunger relief to children facing food insecurity.
“More than 1.8 million children in Texas alone are at risk of not getting the food they need to lead healthy, active lives,” said John Chisholm, Chairman of the Board, CEO and President of Flotek. “We know that can change through our efforts to end child hunger, and we are inviting the rest of the industry to join us in this important mission.”
As part of this campaign, Flotek will donate one percent of all sales revenue generated in September from their Complex nano-Fluid® – its patented chemistry technology made from orange peel extracts – to local food banks in areas where the company operates including Colorado, Oklahoma, Pennsylvania and Texas.
TIPRO has called on its membership to dedicate their efforts in September to help make a difference in the fight against child hunger.
“Texas has higher food insecurity rates than the U.S. national average, and the impact of child hunger on our communities is significant,” said Ed Longanecker, President of TIPRO. “When you consider that $1 can provide 11 meals, according to hunger relief charity Feeding America, imagine what we can do if each TIPRO member donates $1,000 or more. Together, we can make a significant impact and help change the future of so many children.”
Given the high number of children struggling with hunger daily, TIPRO and Flotek are inviting their members, employees and the community to contribute to the effort to end child hunger by making a donation at www.makingadifference.com.
Donations will go to local food banks’ kids programs such as the Kids Café, which serves healthy meals and snacks year-round to kids in after school and summer meal programs, and Backpack Buddy, which provides nutritious kid-friendly food on weekends for at-risk children in K-12 grades. Flotek employees will be volunteering on September 9 and September 30 to help distribute these meals to vulnerable families. To donate or join them in lending a helping hand, visit www.makingadifference.com.
About Flotek Industries, Inc.
Flotek is a global developer and distributor of a portfolio of innovative oilfield technologies, including specialty chemicals and down-hole drilling and production equipment. It serves major and independent companies in the domestic and international oilfield service industry. The company also serves commercial and industrial markets with a portfolio of diverse chemistry technologies. Flotek Industries, Inc. 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.” For additional information, please visit Flotek's website at www.flotekind.com.
The Texas Independent Producers & Royalty Owners Association (TIPRO) is a trade association representing the interests of over 3,000 independent oil and natural gas producers and royalty owners throughout Texas. As one of the nation’s largest statewide associations representing both independent producers and royalty owners, members include small businesses, the largest, publicly-traded independent producers, and mineral owners, estates, and trusts. Members of TIPRO are responsible for producing more than 85 percent of the natural gas and 70 percent of the oil within Texas, and own mineral interests in millions of acres across the state.