Flowchem Expands Leadership Team with New COO, Technology Experts, and Industry Veteran Board to Drive Growth and Innovation
Flowchem, a global leader in the drag-reducing agents (DRA) market, is thrilled to announce significant enhancements to its leadership team, technology division, and board of directors. Backed by SCF Partners (SCF), these strategic appointments aim to bolster Flowchem’s position as an industry innovator while driving continued growth and operational excellence. The company specializes in providing customized specialty chemicals that optimize infrastructure performance for customers worldwide, reducing costs and emissions across multiple industries.
Shivali Agarwal Appointed Chief Operating Officer (COO)
Shivali Agarwal has been named Chief Operating Officer (COO), bringing decades of global industry experience to her new role. Most recently, she served as Group General Manager, Production Systems at SLB (NYSE: SLB), where she demonstrated exceptional leadership in managing complex operations and driving innovation.
Shivali holds an impressive educational background, including a Master of Business Administration from Harvard Business School, a Master of Science in Biological Sciences, and a Bachelor of Science in Chemical Engineering from Birla Institute of Technology & Science, Pilani, India. Her extensive expertise in engineering, business strategy, and global operations makes her an invaluable addition to Flowchem’s leadership team.
“Shivali is an outstanding leader with a proven track record of success,” said Jon Blair, CEO of Flowchem. “Her operational expertise will play a pivotal role in advancing our future operations and ensuring we continue to deliver exceptional value to our customers.”
Strengthening the Technology Team
To further enhance its product development capabilities, Flowchem has expanded its technology team with several key hires who bring deep expertise in DRA research and industrial chemical innovation. Among them are:
- Dr. Lu-Chien Chou: A respected leader in DRA technology, Dr. Chou has spearheaded groundbreaking research at Baker Hughes (NASDAQ: BKR) and other prominent DRA providers. His contributions have significantly advanced the field of drag reduction.
- John Stephens: With decades of experience in industrial chemical R&D and manufacturing, John joins Flowchem after holding senior roles at Siege Engineering and PPG Industries (NYSE: PPG). His technical acumen and hands-on experience will ensure Flowchem remains at the forefront of DRA innovation.
These additions to the technology team underscore Flowchem’s commitment to maintaining its reputation as a leader in DRA solutions. By leveraging cutting-edge research and development, Flowchem aims to deliver high-quality products that reduce costs and emissions for customers across diverse industries.
First-Class Board of Directors Assembled
Flowchem has also established a world-class board of directors composed of seasoned executives from the energy and chemical sectors. Their collective expertise will provide strategic guidance to support the company’s growth trajectory and long-term vision. Key members include:
- Cris Gaut (Chairman): Former Chairman and CEO of Forum Energy Technologies (NYSE: FET), CFO of Halliburton (NYSE: HAL), and Co-President of Ensco International. Cris brings unparalleled financial and operational leadership to the board.
- Joe Blount: Former President and CEO of Colonial Pipeline, former CEO of Century Midstream LLC, and past Chair of the Association of Oil Pipe Lines (AOPL). Joe’s extensive pipeline and midstream experience will be instrumental in guiding Flowchem’s infrastructure optimization efforts.
- Scott Rogan: CFO of Eagle LNG Partners and former Senior Vice President at Targa Resources. Scott’s financial expertise and midstream investing background make him a valuable asset to the board.
- Chris Oversby: Former CEO of Optum Energy Solutions and a veteran of Baker Hughes, Clariant, and Univar. Chris’s deep understanding of DRA technology and chemical management adds critical insight to Flowchem’s strategic initiatives.
- Sean Rice: Managing Partner at SCF Partners, Sean provides valuable private equity and investment expertise to support Flowchem’s growth plans.
- Dan West: Managing Director at SCF Partners, Dan plays a key role in driving Flowchem’s expansion and operational efficiency.
“The strength of our new board reflects our commitment to delivering sustainable value to customers and shareholders,” said Dan West, Managing Director at SCF Partners. “We are excited to welcome these senior executives to Flowchem as we accelerate the company’s growth and reinforce its leadership in the DRA market.”
Driving Value Through Innovation and Expertise
Flowchem’s recent appointments highlight the company’s dedication to fostering innovation, enhancing operational efficiency, and expanding its global footprint. Under the leadership of CEO Jon Blair, Flowchem is poised to leverage its strengthened team and board to achieve ambitious growth targets while maintaining its focus on customer satisfaction and environmental sustainability.
“Our enhanced leadership team, technology division, and board of directors will enable us to push the boundaries of what’s possible in the DRA space,” added Blair. “By combining operational excellence with cutting-edge technology and strategic oversight, we are confident in our ability to deliver superior results for our customers and stakeholders.”
About Flowchem
Flowchem is a leading global provider of drag-reducing agents (DRA) and customized specialty chemicals designed to optimize infrastructure performance. The company’s innovative solutions help customers reduce costs, improve efficiency, and lower emissions across various industries, including oil and gas, petrochemicals, and transportation. Backed by SCF Partners, Flowchem continues to invest in research and development to maintain its position as a trusted partner for customers worldwide.
