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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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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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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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Frac 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.

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Frac Sand Insider Conference Draws Attendees; Protestors

Rock Products held its third Frac Sand Insider conference May 10-11 at the La Crosse Center in La Crosse, Wis. Almost 300 people attended the event, which was highlighted by an educational program, expo and social events.

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