Preferred Sands announced that third-party testing and real production data confirm that silica sand from its Genoa, Neb., processing facility provides comparable crush and performance benefits to Northern White Sand, in addition to offering a lower proppant cost and logistics savings.
Read MoreDay: June 2, 2016
Badger Opens Transload Facility in Ohio
Rayland, Ohio, a village located 50 miles southwest of Pittsburgh and situated along the Ohio River, is home to the newest transload facility for Badger Mining Corporation (BMC), a family-owned, values-driven supplier of Premium Northern-White industrial raw and coated silica sand.
Read MoreFairmount Santrol Announces First-Quarter 2016 Results
Fairmount announced results for the first quarter of 2016. First-quarter 2016 revenues were $145.5 million, up 8 percent from $134.9 million in the fourth quarter of 2015, and down 52 percent from $301.5 million for the same period in 2015. Overall volumes sold were 2.1 million tons for the quarter, an increase of 10 percent from 1.9 million tons in the fourth quarter…
Read MoreGlobal Frac Sand Market Will Grow
According to the latest market research report by Technavio, the global frac sand market is expected to grow at a Compound Annual Growth Rate (CAGR) of more than 10 percent until 2020.
Read MoreThis Week’s Market Buzz
Oil prices turned higher as investors weighed data showing a drop in U.S. crude supplies against the Organization of the Petroleum Exporting Countries’ decision not to freeze production. The U.S. data demonstrated how more than a year of low prices and spending cutbacks by oil companies are leading to shrinking supplies, helping reduce the oversupply of crude oil without intervention…
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