Covia announced a series of actions taken recently to strengthen safety protocols, reduce capacity and lower costs. These actions have been taken in light of the challenges caused by the COVID-19 pandemic and recent dislocations in global oil markets. These actions include:
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Covia DST Dust-Suppression Technology Gaining Momentum
Covia announced that DST dust-suppression technology is gaining significant momentum with industry-leading companies that use whole-grain silica sand in their manufacturing processes. These companies – committed to environmental, social, and governance (ESG) standards – are choosing the breakthrough technology as part of their engineering control plan to reduce workers’ potential exposure to silica dust.
Read MoreCovia Sells Winchester and Western Railroad to OmniTRAX
Covia announced that it has executed a definitive agreement to sell its Winchester and Western Railroad (W&W) to an affiliate of OmniTRAX Inc. for total proceeds of $105.0 million in cash, subject to certain adjustments set forth in the definitive agreement. As part of the transaction, OmniTRAX will assume ownership of approximately 470 railcars, which the W&W currently owns.
Read MoreCovia Sells Alabama Lime Business
Mississippi Lime Co., a portfolio company of HBM Holdings, announced it has executed a definitive agreement to acquire the Calera, Ala., lime business of Covia, operating historically as Southern Lime.
Read MoreMississippi Lime to Acquire Southern Lime
Mississippi Lime Co., a portfolio company of HBM Holdings, announced it has executed a definitive agreement to acquire the Calera, Ala., lime business of Covia, operating historically as Southern Lime.
Read MoreCovia Transforms Mine Planning with Kespry
Covia – with more than 3,000 employees operating more than 50 plants and 94 terminals – is one of the largest solution providers in the industrial sand industry. The company has been working with Kespry, utilizing its drone-based data solutions.
Read MoreCovia Transforms Mine Planning with Kespry
Covia – with more than 3,000 employees operating more than 50 plants and 94 terminals – is one of the largest solution providers in the industrial sand industry. The company has been working with Kespry, utilizing its drone-based data solutions.
Read MoreDeckard Out as Covia President
Covia announced that Richard Navarre, chairman of the board of directors, has been appointed interim president and chief executive officer. Navarre succeeds Jenniffer Deckard who has resigned as president, chief executive officer and as a member of the board of directors following the board’s decision to take a different leadership direction. Deckard will serve as a consultant to the company…
Read MoreCovia Transforms Mine Planning with Kespry
Covia – with more than 3,000 employees operating more than 50 plants and 94 terminals – is one of the largest solution providers in the industrial sand industry. The company has been working with Kespry, utilizing its drone-based data solutions.
Read MoreUnimin, Fairmount Santrol to Become Covia
Fairmount Santrol and Unimin Corp. announced that following the close of their proposed merger, the combined company will be known as Covia Holdings Corp. and will trade on the New York Stock Exchange under the ticker symbol “CVIA.”
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