Demand for proppants in North America is forecast to increase 7.6 percent annually through 2019 to 162 billion lb., valued at $8.2 billion. With oil and gas prices expected to remain subdued in the near term, demand for proppants will decelerate from the extremely rapid growth posted between 2004 and 2014 and future gains will result primarily from increases in…
Read MoreTag: proppant demand
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,…
Read More