Walsh JCB is hosting an open house event at its headquarters in Prospect, Pa., on June 22 from 8 a.m. to 3 p.m. and 4 p.m. to 8 p.m., and June 23 from 8 a.m. to 3 p.m. The event will feature an unveiling of the Walsh expansion project, which includes an additional 11,000 sq. ft. of space for the company’s…
Read MoreDay: June 16, 2016
U.S. Silica Looks Forward; Buys Reserves
U.S. Silica Holdings Inc. announced a net loss of $10.7 million or $(0.20) per basic share for the first quarter ended March 31, 2016, compared with net income of $14.8 million or $0.28 per basic share for the first quarter of 2015. The first quarter results were negatively impacted by $2.2 million in restructuring costs for actions designed to help…
Read MoreDo Frac Sand Plants Contribute to Cleaner Air?
The rapid development of frac sand mining in Illinois, Iowa, Minnesota and especially Wisconsin has led many people living near mines and processing plants to become concerned about the potential negative impact these facilities could have on local air quality.
Read MoreFrac Sand Market Predicted to Grow
The analysts at RnRMarketResearch are forecasting the global frac sand market to grow at a Compound Annual Growth Rate (CAGR) of 10.29 percent during the period 2016-2020. The report covers the present scenario and the growth prospects of the global frac sand market for 2016-2020.
Read MoreFrac Sand Demand Ticks Upward
Frac sand and proppants have seen a surprise turnaround in demand projections during the first half of 2016, according to a recent report from Tudor Pickering. Many investors and industry observers left this segment of the oil market for dead at the beginning of the year, however, a perfect storm of factors has caused a surprising turnaround in this segment.
Read MoreThis Week’s Market Buzz
Crude oil could rise to $60 a barrel by the end of the year, even without any help from OPEC, new Saudi energy minister Khalid Al Falih told CNNMoney. Al Falih was speaking just after OPEC wrapped up a summit in Vienna. During the meeting, OPEC decided against implementing a cartel-wide production quota range, once again failing to reach an…
Read MoreHeadwaters MB Aggregates Market Report
IN THIS UPDATED ANALYSIS PREPARED FOR ROCK PRODUCTS, HEADWATERS MB LOOKS AT FIRST-QUARTER 2016 AGGREGATES-INDUSTRY TRENDS SUCH AS MERGERS, STONE PRODUCTION AND PRICING. By Brian Krehbiel In Q1 2016, average valuation multiples for the publicly traded aggregates industry declined 4.3 percent and average EBITDA margins during the period increased from 16.7 percent to 17.4 percent compared to Q4 2015 (Figure…
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