This Week’s Market Buzz
- Published: Friday, 27 June 2014 13:18
- Workers for U.S. Silica Co. recently began building a transloading and storage facility off East Loop 338 in south Odessa, Texas, capable of storing 20,000 tons of frac sand to service the surging oil and gas production of the Permian Basin, according to OA Online. Company officials expect to finish the roughly $12 million facility – permitted by city officials the first week of June – by the end of the year. The facility involves a rail loop and storage silos.