Joel Schneyer, managing director at Capstone Headwaters in Denver, presented at the IQ Hub North American Shale Water Conference in Houston. Schneyer noted that:
Read MoreMonth: March 2019
Shale Support Strikes Partnership with Fracht Group
Shale Support, a leading provider of frac sand and logistical solutions to the oil and gas proppant market, has announced a strategic partnership with Fracht Group, an international transportation company providing general and specialized logistics solutions. Fracht Group, founded in 1955, operates 107 offices worldwide in 40 countries including Argentina.
Read MoreUSGS: Industrial Sand Production, Consumption Rise
The U.S. Geological Survey released its 2019 Mineral Commodity Summaries report. In 2018, industrial sand and gravel valued at about $6.2 billion was produced by about 191 companies from 321 operations in 35 states.
Read MoreThis Week’s Market Buzz
• Oil prices plunged about 3 percent at press time, putting crude futures on pace for a second weak of losses, after U.S. government data showed recent job gains grinding to a halt last month. Crude futures were already under pressure after data showed a slump in Chinese imports and exports in February and the European Central Bank slashed its…
Read MoreInternational Women’s Day
March 8, 2019 – To mark International Women’s Day, Volvo Construction Equipment President Melker Jernberg highlighted the importance of having a diverse workforce as a major contributor to the company’s success. He has also challenged all employees to help the company exceed its commitment of having 25 percent female leaders by 2025. The aggregates industry, which is heavily male-centric, is not…
Read MoreStates Introduce Transportation Bills
Legislators in 37 states introduced 185 bills aimed at boosting transportation investment in the first two months of 2019, a new analysis finds. This number is higher than the amount of legislation the American Road & Transportation Builders Association’s Transportation Investment Advocacy Center (ARTBA-TIAC) tracked over the same time period last year and is projected to grow as additional measures are introduced…
Read MoreLafargeHolcim Predicts Market Growth in North America
LafargeHolcim reported net sales growth of 5.1 percent in its fourth quarter. Four bolt-on acquisitions were completed in 2018 in Europe and North America, which drove growth and added to the company’s presence in Ready-Mix Concrete and Aggregates. These acquisitions had immediate impact on profitability and brought the company closer to its end-customers. Four more bolt-on acquisitions have been signed in 2019…
Read MoreDodge Momentum Index Falters in February
The Dodge Momentum Index lost 4.4 percent in February, falling to 146.9 (2000=100) from the revised January reading of 153.6. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreWOTUS Woes
March 7, 2019 – We keep inching close to solving the industry’s WOTUS woes. Man-made, roadside ditches provide critical surface drainage that protects the traveling public and should be exempt from federal wetland regulations, American Road & Transportation Builder Association (ARTBA) Vice Chairman David Harwood told a Feb. 27 government hearing. That’s a key reason the association is supporting the Trump administration’s…
Read MoreJames River Equipment Becomes Full-Line Epiroc Dealer
Epiroc added James River Equipment (JRE) as a full-line dealer in Virginia. Previously a dealer of Epiroc hydraulic attachments throughout the state, JRE has added sales and rental of new and used Epiroc drill rigs, along with rock drilling tools, parts and service. “We’re excited to expand our valued partnership with James River Equipment in the state of Virginia,” said Tom…
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