Financing a Boost to NFP Frac Sand Operations

Houston-based frac sand producer Northern Frac Proppants II LLC (NFP) announced the successful completion of a $77 million senior secured credit facility consisting of a five-year term loan. Proceeds from the new credit facility will be used to expand NFP’s operating frac sand mine and production facility in Alma Center, Wis., and bring online additional frac sand processing facilities located…

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Santrol Begins NEW Proppant Production

Santrol, a Fairmount Minerals company, announced full-scale production of self-suspending proppant technology is underway at a Texas plant. Additional manufacturing sites will be integrated into the value chain during the first half of 2014.

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