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Terex Washing Systems to Showcase FracStac

Fracstac-150Terex Washing Systems (TWS) is gearing up for another exclusive event, the official launch of the world’s first modular frac plant, a new innovative modular, container design-based machine that will provide “the ideal solution for frac sand processing and other industrial sands, once again setting TWS apart from its competitors,” the company said.

 

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Drop in Oil Prices Brings Uncertainty

According to Business Insider, the global collapse of oil prices may have a bigger impact on the shale boom than anyone realizes. However the biggest threat may not be to the existing wells in the U.S., but the untapped resources around the world.

 

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Hi-Crush Reports Record 2014 Results

Hi-Crush Partners reported record fourth quarter and full year 2014 results. Net income for the quarter was $38.4 million. The company reported earnings before interest, taxes and depreciation and amortization of $44.6 million for the fourth quarter of 2014.

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Victory Nickel Quantifies Deposit

Victory Nickel Inc. announced that a resource estimate of approximately 11 million tons of sand has been completed by Summit Envirosolutions Inc. on the company's Bear Coulee frac sand property and will be incorporated into a National Instrument 43-101 technical report. The Bear Coulee frac sand property is located in Trempeleau County, Wis., and was optioned by Victory Nickel in the fourth quarter of 2014.

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Fairmont Santrol Confident About Future

Fairmount Santrol announced fourth-quarter and full-year 2014 sales volumes. The company reports a strong fourth quarter driven by total sales volumes of approximately 2.5 million tons, an increase of 15 percent compared with the prior-year period. Overall, fourth-quarter raw sand volumes were 2.1 million tons, and value-added coated product volumes were 0.4 million tons, up 11 percent and 41 percent, respectively, over the prior-year period.

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