Industrial Accessories Company (IAC), one of the largest EPC contractors for the frac sand industry, has developed a state-of-the art advanced Frac Sand Rotary Dryer/Cooler, which has been patented by the company.
Read MoreDay: August 9, 2018
Hi-Crush Reports 3 Million Tons Sold in Second Quarter
Hi-Crush Partners reported second quarter 2018 results. Revenues for the second quarter of 2018 totaled $248.5 million on sales of 3,037,504 tons of frac sand. This compares to $218.1 million of revenues on sales of 2,617,627 tons of frac sand in the first quarter of 2018.
Read MoreEagle Soars to Record Revenue in Latest Quarter
Eagle Materials Inc. reported financial results for the first quarter of its fiscal 2019 ended June 30. Notable items for the quarter are:
Read MoreAtlas Sand Co. Opens New Kermit, Texas, Facility
Atlas Sand Co. celebrated the grand opening of its Kermit, Texas, facility. On July 29, 2018, the first scheduled deliveries of frac sand from the Atlas Kermit site were fulfilled. The Kermit facility’s anticipated production capacity is currently approximately 4 million tpy, and management expects the facility to reach this production rate within the next six weeks, with details of…
Read MoreThis Week’s Market Buzz
• The global hydraulic fracturing market was estimated at $26.88 billion in 2017 and is witnessing a positive growth of more than 11.5 percent during the short-term period of 2019-2021. This growth will likely show a deceleration post-2022 owing to an expected supply surge, which is shaping up in the global market, according to www.marketexpertz.com.
Read MoreFMI Reports on Managing Risk
Construction consultancy FMI issued a report on “Managing Risk in the Digital Age,” based on a survey of participants in the Associated General Contractors of America’s 2018 Surety Bonding and Risk Management Forum.
Read MoreLakes Limestone Trade Strong Again in July
Shipments of limestone on the Great Lakes totaled 3,985,544 tons in July, an increase of 3.1 percent compared to a year ago. The trade also bettered the month’s five-year average by 5.5 percent, according to the Lake Carriers’ Association.
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