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New Frac Sand Rotary Dryer/Cooler Introduced

Industrial Accessories Company (IAC), one of the largest EPC contractors for the frac sand industry, has developed a state-of-the art advanced Frac Sand Rotary Dryer/Cooler, which has been patented by the company.

Read more: New Frac Sand Rotary Dryer/Cooler Introduced

Hi-Crush Reports 3 Million Tons Sold in Second Quarter

Hi-Crush Partners reported second quarter 2018 results. Revenues for the second quarter of 2018 totaled $248.5 million on sales of 3,037,504 tons of frac sand. This compares to $218.1 million of revenues on sales of 2,617,627 tons of frac sand in the first quarter of 2018.

Read more: Hi-Crush Reports 3 Million Tons Sold in Second Quarter

Atlas Sand Co. Opens New Kermit, Texas, Facility

Atlas Sand Co. celebrated the grand opening of its Kermit, Texas, facility. On July 29, 2018, the first scheduled deliveries of frac sand from the Atlas Kermit site were fulfilled. The Kermit facility’s anticipated production capacity is currently approximately 4 million tpy, and management expects the facility to reach this production rate within the next six weeks, with details of the company’s future expansion plans at Kermit to be announced at a later date.

Read more: Atlas Sand Co. Opens New Kermit, Texas, Facility

This Week’s Market Buzz

• The global hydraulic fracturing market was estimated at $26.88 billion in 2017 and is witnessing a positive growth of more than 11.5 percent during the short-term period of 2019-2021. This growth will likely show a deceleration post-2022 owing to an expected supply surge, which is shaping up in the global market, according to www.marketexpertz.com.

Read more: This Week’s Market Buzz

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