Covia reported results for the fourth quarter and full year ended Dec. 31, 2019. As a result of the merger that closed on June 1, 2018, Covia’s 2018 reported results under U.S. generally accepted accounting principles (GAAP) include the consolidated financial results of both Unimin Corp and Fairmount Santrol Holdings Inc. for the seven months ended Dec. 31, 2018, as…
Read MoreDay: March 20, 2020
Frac Sand Mining Ban Upheld
The Minnesota Supreme Court upheld Winona County’s ban on the mining and processing of silica sand, according to KROC radio, Rochjhester, Minn.
Read MoreOil Price Crash a Disaster for Producers
Oil prices collapsed to the lowest in nearly two decades as Saudi Arabia moved to further increase production amid a crash in global energy demand, raising the specter of bankruptcies and layoffs in the oil industry.
Read MoreThis Week’s Market Buzz
• Smart Sand reported, “We support the United Nations’ Paris Accord objective of carbon-neutral operations by 2050 and plan to voluntarily align our strategies, goals and reporting efforts to do our part in supporting this global initiative. Simultaneously, Smart Sand will launch a formal Environmental, Social and Governance (ESG) program. Our website provides details that articulate our ESG goals. We…
Read MoreStockpile Reports: How to Thrive in the Current Economy
Washington-based Stockpile Reports, in an article entitled “How to Thrive in the Current Economy: Overcoming Seven Business Challenges,” said 2020 is shaping up to be an eventful year – maybe a little too eventful.
Read MoreAED: Keep Construction Projects Moving
The Associated Equipment Distributors (AED) delivered letters to national organizations representing mayors, local elected officials and the nation’s governors urging them to allow construction projects to continue while highlighting the equipment industry’s integral role in building and maintaining our nation’s essential infrastructure.
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