U.S. Silica Holdings Inc. announced a decisive jury verdict in a trial in State District Court in Harris County, Texas, against Arrows Up LLC, an affiliate of OmniTRAX Inc., a Broe Group portfolio company.
Read MoreTag: U.S. Silica
U.S. Silica Appoints Daniel Miers President of SandBox Logistics
U.S. Silica Holdings Inc. announced the appointment of Daniel Miers as president of SandBox Logistics, a wholly owned subsidiary of U.S. Silica, effective June 25, 2018. Miers succeeds former SandBox founder and president Josh Oren in this role.
Read MoreU.S. Silica’s Shinn: Market May Hit 100 Million Tons in 2018
U.S. Silica Holdings Inc. announced net income of $41.3 million or $0.51per basic share, or $0.50 per diluted share, for the third quarter ended Sept. 30, 2017 compared with a net loss of $11.3 million or $(0.17) per basic and diluted share for the third quarter of 2016.
Read MoreU.S. Silica to Build Second Frac Sand Plant in the Permian
U.S. Silica Holdings Inc. announced that it plans to build a second, state-of-the-art frac sand mine and plant in West Texas to serve the rapidly growing Permian Basin.
Read MoreU.S. Silica Acquires Mississippi Sand
U.S. Silica Holdings Inc. has acquired Mississippi Sand LLC, a frac sand mining and logistics company based in St. Louis, for $95.4 million in cash. The plant, located in Festus, Mo., is capable of producing 1.2 million tons annually of mostly fine grade sand. Nearly two-thirds of its total production is 40/70 mesh that is in the highest demand today…
Read MoreU.S. Silica to Construct New State-of-the-Art Plant
U.S. Silica Holdings Inc. announced that its board of directors has approved the construction of a new, state-of-the-art frac sand mine and plant in West Texas to serve the rapidly-growing Permian Basin.
Read MoreThis Week’s Market Buzz
• Fairmount Santrol released its 11th annual Corporate Social Responsibility (CSR) Report, “Staying True,” which highlights the company’s collective commitment to Sustainable Development (SD), as well as the many accomplishments of Fairmount Santrol Family Members in 2016. Family Members achieved 101 percent of the 2016 SD team goals and individual facilities achieved 97 percent of their SD goals, while shipping…
Read MoreU.S. Silica Goes Up On the Roof
U.S. Silica Holdings Inc. has acquired a division of National Coatings Corp. that manufactures and distributes cool roof granules, a treated kaolin product used in industrial roofing systems that delivers superior solar reflectance and higher thermal emittance than standard designed roofing products. Cool roof systems reduce energy usage and enhance the durability of the roof as well.
Read MoreHalliburton, U.S. Silica Break Haulage Record
Halliburton Co. and U.S. Silica Holdings Inc. announced that the companies have moved a record-breaking unit train carrying nearly 19,000 tons of U.S. Silica White frac sand from Ottawa, Ill., to Elmendorf, Texas. The train, the largest frac sand unit of its kind shipped to date in North America, arrived via the BNSF railroad.
Read MoreU.S. Silica to Acquire Sandbox Enterprises
U.S. Silica Holdings Inc. announced that it has entered into a definitive agreement to acquire Sandbox Enterprises LLC, a provider of innovative logistics solutions and technology for the transportation of proppant. The transaction will be financed using a combination of $75 million of cash on hand and approximately 4.2 million U.S. Silica common shares.
Read More