Smart Sand Inc announced fourth quarter and full year 2020 revenue of $25.3 million and $122.3 million, respectively; and fourth quarter and full year 2020 total tons sold of approximately 612,000 and 1,886,000, respectively, for the year ended Dec. 31, 2020.
Read MoreMonth: March 2021
U.S. Silica Cites Surging Proppant Demand in Quarterly Report
U.S. Silica Holdings Inc. announced net income of $4.6 million, or $0.06 per basic and diluted share, for the fourth quarter ended Dec. 31, 2020, compared with a net loss of $292.9 million or $3.99 per basic and diluted share for the fourth quarter of 2019.
Read MoreThis Week’s Market Buzz
• The U.S. oil benchmark, WTI Crude, rose at press time to above $64 a barrel, soaring by more than 5%, after OPEC+ sources began telling reporters that the coalition may be close to agreeing not to increase their collective oil production in April. Brent Crude prices jumped above $67 per barrel, to $67.17, up by 5.10%, after OPEC+ sources…
Read MoreStedman Offers Heavy Duty 6-Row Cage Mill
The Stedman Heavy Duty 6-row cage mill addresses an opportunity for finer grinding equipment at a lower cost. Stedman has numerous 6-row cage mills in non-abrasive applications: aglime, lime (hydrated, quick-lime), cement and more. Wear parts perform well in these applications. In materials with some abrasiveness, the Heavy Duty 6-row is an innovative extension of this well-established product line.
Read MoreStrong Public Support for Investment in Infrastructure
Eight in 10 Americans believe investing in infrastructure will stimulate the economy and is vital for future growth, according to an Ipsos Global Advisor survey conducted in 27 countries in partnership with the Global Infrastructure Investor Association (GIIA). The survey is the largest of its kind looking at the public’s attitudes toward infrastructure and investment. It finds nearly two-thirds of…
Read MoreFederal Court Decision Clears the Way for Faster Transportation Improvements
A major court decision has given every state in the country a clear understanding of how far federal jurisdiction extends over the nation’s water bodies, eliminating potentially costly delays in transportation system upgrades, according to the American Road & Transportation Builders Association (ARTBA) and National Stone, Sand & Gravel Association (NSSGA).
Read MoreMSHA Reports Fourth Fatality
The Mine Safety and Health Administration (MSHA) reported that on Feb. 22, a 26-year-old underground chute puller at Nyrstar’s Immel zinc mine in Knox County, Tenn., was fatally injured as a passenger of a rail-mounted locomotive when he was crushed between the deck of the locomotive and an overhead chute.
Read MoreCRH Calls 2020 Results ‘Robust Performance In a Challenging Environment’
CRH reported yearly sales of $27.6 billion in 2020 versus $28.1 billion in 2019. The company called its 2020 results a “robust performance in a challenging environment.” Economic activity in North America was impacted by the global pandemic, partly offset by government stimulus efforts. Like-for-like sales in its Americas Materials segment declined by 3% compared to 2019, mainly impacted by…
Read MoreCrisp Industries Joins MWS Global Dealer Network
MWS Equipment appointed Crisp Industries as an exclusive partner covering Texas, Oklahoma, Arkansas and Louisiana. Focused on providing complete project management services, Crisp Industries is viewed as the perfect partner to support MWS Equipment’s ongoing commitment to the U.S. market.
Read MoreASCE’s Infrastructure Report Card Gives U.S. ‘C-‘ Grade
The American Society of Civil Engineers (ASCE) released the 2021 Report Card for America’s Infrastructure, its latest quadrennial assessment of the nation’s infrastructure. The report card gives the United States an overall grade of C- and finds the country is spending just over half of what is required to support the backbone of the economy.
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