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New Industrial Sand Plant Approved

More jobs are coming to Richmond County, N.C., after a Wisconsin-based company chose to expand its operations. Construction has already begun on a new facility for North Carolina Industrial Sand LLC, a wholly owned subsidiary of Red Flint Group, according to the Richmond County Daily Journal.

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Do 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.

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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 bring the business more in line with current market conditions and business development expenses, partially offset by a $1.5 million gain related to an insurance settlement.

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Frac 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.

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