This Week’s Market Buzz

Superior Silica Sands (SSS) announced that it will no longer pursue the construction of a silica sand processing facility in Independence, Wis. “This was a difficult but necessary decision,” said Rick Shearer, chief executive officer of parent company Emerge Energy and SSS. “Given current economic conditions affecting the frac sand industry as a whole, as well as the specific mining…

Read More

Railroads Feel Pinch from Oil Prices

North American railroad companies have faced accelerating slowdowns, with volumes falling faster than executives had predicted, according to report on Bloomburg Business. With energy companies scaling back drilling after prices for the commodity fell about 50 percent since July, industry executives and analysts anticipated that demand for hauling crude and extraction materials such as frac sand and pipes would slow…

Read More

Terex Washing Systems Appoints Walker

Terex Washing Systems (TWS) announced the appointment of Global Sales Director Iain Walker, who will lead the growing TWS sales team, based at the TWS headquarters facility in Northern Ireland. Responding to business growth and increased customer demand the sales director will be responsible for growing TWS business across key markets globally. He will work closely with the sales, marketing, engineering…

Read More