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Covia Corp. Hits the Ground Running

Fairmount Santrol and Unimin Corp. announced that they have received the regulatory approvals required to complete their announced merger, including approval from the Mexican Federal Economic Competition Commission (COFECE). The companies also revealed the approval by a majority of Fairmount Santrol shareholders at the special shareholder meeting held May 25.

Read more: Covia Corp. Hits the Ground Running

No Harmful Chemicals Found After Spill

Wisconsin Department of Natural Resources (DNR) officials say early tests have found no harmful chemicals after a spill near a frac sand mine sent millions of gallons of sludge into area waterways. A contractor's bulldozer slid into a pond last month, leading to an hours-long rescue at a Hi-Crush Partners mine in Whitehall, Wis. Rescuers emptied 10 million gal. of water to reach the driver.

Read more: No Harmful Chemicals Found After Spill

Emerge Energy Services Plans New Plant

Emerge Energy Services LP plans to expand its sand operations with a new mining and processing facility located in Kingfisher County, Okla. Superior Silica Sands, a unit of Emerge Energy, inked a 25-year lease deal for the mining rights to 600 acres, located around 60 miles northwest of Oklahoma City. It also agreed to buy 40 acres of land adjoining its leased acreages for the construction of wet and dry processing plants.

Read more: Emerge Energy Services Plans New Plant

Alpine Silica Announces Two New Projects

Alpine Silica announced two new projects in Van Horn, Texas, and Fay, Okla., further adding to its existing portfolio. The firm currently owns and operates one plant in the Permian basin, with production capacity of approximately three million tons of high-quality frac sand per year.

Read more: Alpine Silica Announces Two New Projects

This Week’s Market Buzz

• Global benchmark Brent crude surged nearly $2 a barrel, lifted by concern about a steep drop in exports from Venezuela and worries OPEC may not raise production at its meeting this month. Brent crude futures settled up $1.96 a barrel, or 2.6 percent at $77.32. U.S. West Texas Intermediate crude rose $1.22, or 1.88 percent to $65.95 a barrel.

Read more: This Week’s Market Buzz

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Frac Sand
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