About Newpark Resources Inc

Newpark Resources Inc. is a global organization committed to providing sustainable technologies and services to support energy infrastructure markets. Headquartered in The Woodlands, Texas, our reach extends across all continents, showcasing our dedication to being a reliable partner wherever our customers need us. Our mission at Newpark is to drive efficiency and sustainability for our customers by delivering innovative and environmentally responsible solutions.

This commitment to innovation fuels the development of cutting-edge products and services that cater to the evolving needs of industries we serve. Safety and quality are at the core of everything we do at Newpark. We prioritize the well-being of our employees and customers by fostering a culture of safety across all our operations. Through our participation in organizations like ISO and API, we ensure that our products and services meet the highest standards of quality.

Our diverse and talented workforce is the heart of Newpark. We value the unique perspectives and contributions of our employees, creating an inclusive and equitable working environment where everyone can thrive. Our shared values of integrity, respect, excellence, and accountability guide us in everything we do.

Newpark's business segments include Mats & Integrated Services, where we offer industry-leading composite matting solutions, and Fluids Systems, providing top-tier oil & gas and geothermal fluid solutions. Our products and services are designed to reduce costs, protect the environment, and enhance worker safety. With a rich history and a strong commitment to sustainability, safety, and quality, Newpark Resources Inc.

continues to be a trusted partner for industries across the globe. As we strive to change the paradigm in the markets we serve, we remain dedicated to delivering value through performance, innovation, and service quality. Invest in Newpark Resources Inc. to experience the difference of working with a globally recognized leader in sustainable technologies and services. Join us in our mission to drive positive change and create a more efficient, sustainable future for all.

Growth

Newpark Resources Inc. has entered a new stage of development after completing the sale of its Fluids Systems business to SCF Partners, Inc. on September 13, 2024. This strategic move signifies a shift towards becoming a specialized rental and service business focusing on worksite access and critical infrastructure markets. The company plans to rebrand and realign its operations to reflect this new strategic direction, marking a significant transformative phase in its growth trajectory.

Recent News

Achievements

Newpark Resources Inc. has achieved a major milestone by successfully selling its Fluids Systems business to SCF Partners, Inc. This transaction streamlines the company's operations, allowing it to focus on core specialty rental and service offerings in the global worksite access and critical infrastructure sectors. By divesting the Fluid Systems segment, Newpark Resources positions itself as a key player in providing innovative solutions for the energy transition market, enhancing its market position and growth potential.

Case Studies

Newpark Resources Inc.'s involvement in the sale of its Fluids Systems business to SCF Partners, Inc. serves as a notable case study in strategic business transformation. By divesting a significant business segment, the company demonstrates its agility and adaptability in responding to market dynamics and aligning its operations with emerging industry trends. This case study highlights Newpark Resources' commitment to focusing on sustainable technologies and services while optimizing its business portfolio for long-term growth and success.

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