by: Pierre G. Villere In the mid-1990s, my wife and I attended a conference in Aspen, Colo., a voluntary effort on our part to hear one of the great thinkers and futurists of the last third of the 20th century who was shaking up politics and policy from Capitol Hill to Sacramento, and every place in between.
Read MoreYear: 2019
The Big News
Mergers and acquisitions are a business reality in a free market. They even happen in the publishing industry. So I have some big news to report to you.
Read MoreFIRST LOOK – DECEMBER 2019
TOP NEWS Vulcan Materials Vulcan Materials Co. announced third-quarter total revenues of $1.419 billion, up from $1.240 billion in 2018; and year-to-date total revenues of $3.743 billion, up from $3.295 billion in 2018. Summit Materials On a year-to-date basis through Sept. 28, Summit’s net revenue increased 4.1% over the comparable 2018 period. Adjusted EBITDA increased 8.8% to $340.4 million for the first nine months…
Read MoreWater Management for Hydraulic Fracturing Forecasts Top $174 Billion
Water management investment for hydraulic fracturing is forecasted to average $17 billion per year from 2019 through 2028, according to new market forecasts from Bluefield Research. Emboldened by growing demand for scaling water supplies and disposal needs, a host of midstream water companies backed by private equity and sovereign wealth funds are positioned to seize the opportunity going forward.
Read MoreWisconsin DNR Concerned About Arsenic Levels
According to WQOW, there are new health concerns in Chippewa County, Wis., after tests at a bankrupt frac sand mine revealed high arsenic levels. Last month, the DNR was called to review a pond cleanup plan at the Superior Silica Sands mine near New Auburn, Wis.
Read MoreHi-Crush Releases First Corporate Responsibility Report
Hi-Crush Inc. announced that it has released its first Corporate Responsibility Report, which covers the operating year 2018. The report details the company’s efforts across several areas of impact including health, safety, environmental, social and governance factors, and its performance relative to the United Nation’s Sustainable Development Goals and the International Petroleum Industry Environmental Conservation Association (IPIECA) suggested reporting indicators.
Read MoreWanipigow Sand Project Takes Another Step Forward
Canadian Premium Sand Inc. (CPS) has entered into a non-binding letter of interest with Hi-Crush Inc. on Dec. 6 that outlines the key terms for Hi-Crush to assist in the design and construction of the Wanipigow Sand Project.
Read MoreThis Week’s Market Buzz
The American Petroleum Institute reported that U.S. crude supplies fell by 7.9 million barrels for the week ended Dec. 20. As a result, West Texas Intermediate crude for February edged up 6 cents, or 0.1%, at $61.17 a barrel on the New York Mercantile Exchange. February Brent crude picked tacked on 4 cents, or less than 0.1%, to reach $66.21…
Read MoreSimonson Said
Dec. 23, 2019 – Associated General Contractors (AGC) Chief Economist Ken Simonson is looking ahead to 2020. Despite staffing challenges, contractors are optimistic, on balance, regarding their hiring plans and the volume of work available in 2020 for nonresidential and multifamily construction, based on a survey that AGC just released. Respondents were asked whether the available dollar volume of projects they…
Read MoreCASE Methane-Powered Loader Concept Wins Design Award
CASE Construction Equipment received the Good Design Award for ProjectTETRA, the methane-powered wheel loader concept that provides an insight into a sustainable, connected and technologically advanced future of construction. The Good Design program is the oldest design awards program, organized by The Chicago Athenaeum: Museum of Architecture and Design in cooperation with The European Centre for Architecture Art Design and…
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