Flotek Receives EPA Approval For VeraCAL Flare Monitoring At Petroleum Refineries
VeraCAL can now serve as an approved alternative to gas chromatography for refinery flare compliance measurements.
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Rhea-AI Summary
Flotek Industries (NYSE: FTK) received EPA approval for its VeraCAL optical system to monitor flare gas at petroleum refineries.
The approval permits VeraCAL as an alternative to gas chromatography for measuring flare vent gas composition and net heating value under federal refinery emissions standards known as MACT CC. Published as Alternative Test Method 163 (ALT-163), it is VeraCAL's second EPA alternative-method approval, following its initial approval in July 2024. Flotek believes the approval creates opportunities for its Data Analytics business to serve refinery compliance monitoring and broaden its customer base.
Positive
- Minor pointEPA approval permits VeraCAL for refinery flare gas composition and net heating value measurements under MACT CC.
- Minor point. Forward-looking: it has not happened yet and may not happen.Refinery customer expansion is an opportunity Flotek sees for its Data Analytics business following approval.
Negative
- None.
Key Figures
- EPA alternative-method approvals
- 2 approvals
- VeraCAL; the initial approval was in July 2024
- Operable U.S. refineries
- 130 refineries
- As of January 1, 2026
Key Terms
gas chromatography technical
net heating value technical
hazardous air pollutants regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Company believes the approval positions its Data Analytics business to serve petroleum refinery compliance monitoring, a significant new opportunity for VeraCAL. It marks VeraCAL's second EPA alternative-method approval, building on its initial approval in July 2024. The EPA has published the new approval as Alternative Test Method 163 (ALT-163), available at: https://www.epa.gov/system/files/documents/2026-10/alt_163_signed.pdf.
"This approval is an important step in expanding our Data Analytics business," said Dr. Ryan Ezell, Chief Executive Officer of Flotek. "Refiners need dependable measurement technology that supports both compliance and day-to-day operations. We believe VeraCAL's continuous, near real-time measurements can provide actionable information while simplifying the demands of flare monitoring."
MACT CC's flare requirements create an ongoing need for reliable gas-quality measurements. Refinery operators also seek monitoring solutions that are easier to maintain and less costly to operate. VeraCAL is designed for challenging industrial environments to address both needs through continuous optical measurement without carrier gas or chromatographic separation. The
Flotek's Data Analytics segment is driving innovation in flare compliance measurement through its VeraCAL technology and monitoring services. Building on VeraCAL's measurement technology and data, the Company believes the new EPA approval strengthens its position in compliance measurement and creates opportunities to serve refinery customers, broaden its customer base and grow through near real-time data solutions.
About Flotek Industries, Inc.
Flotek Industries, Inc. is a global technology-driven company that combines the synergy of proprietary technologies through near real-time data analytics and advanced chemistry to collaboratively address complex challenges for energy, industrial and infrastructure sector customers and help them optimize operations, enhance asset performance and maximize financial returns.
Leveraging a portfolio of more than 130 patents, over two decades of field and laboratory data, and a global presence in more than 59 countries, Flotek delivers innovative, data-driven solutions designed to create measurable value across the energy and infrastructure lifecycle.
Flotek is based 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 www.flotekind.com.
Forward-Looking Statements
Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates, outlook, may, could, should, target, forecast, project, potential and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. These statements include, without limitation, statements regarding the expected benefits of the EPA's MACT CC approval; the expansion of the Company's technologies into the petroleum refining sector and other new markets and applications; the anticipated value of the VeraCAL system to refiners; and the expected growth of the Data Analytics segment. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include, without limitation: the rate of customer adoption of the VeraCAL system in the petroleum refining sector; the Company's ability to successfully commercialize its technologies outside of oil and gas; any modification, revocation or limitation of the EPA approval or changes to MACT CC or other applicable regulations; actions taken by governmental, regulatory or oversight authorities; changes in government policy; competition from alternative measurement technologies; and demand for and pricing of the Company's products and services. Further information about the risks and uncertainties that may impact the Company is set forth in the Company's most recent filings with the Securities and Exchange Commission on Form 10-K, Form 10-Q and Form 8-K (including, without limitation, in the "Risk Factors" sections thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this press release.
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SOURCE Flotek Industries, Inc.
FAQ
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What did the EPA approve Flotek's VeraCAL system to measure at petroleum refineries?
The EPA approved VeraCAL as an alternative to gas chromatography for measuring flare vent gas composition and net heating value under MACT CC refinery emissions standards. The approval is published as Alternative Test Method 163 (ALT-163).