Covia Holdings LLC has appointed Bruno Biasiotta as president and chief executive officer, and a member of Covia’s board of directors, effective March 11. Biasiotta succeeds Andrew Eich, who has stepped down from his role at the company and on its board to pursue a new opportunity. Biasiotta has more than 30 years of leadership experience across a diverse range…
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This Week’s Market Buzz
• Oil futures lost ground at press time, prompting prices to turn lower for the week, as an accelerating rise in COVID-19 cases in the U.S. and Europe heightens worries about demand for crude. West Texas Intermediate crude for November delivery fell 58 cents, or 1.4%, to $40.38 a barrel on the New York Mercantile Exchange, December Brent crude was…
Read MoreMerger of Unimin, Fairmount Santrol Creates Covia Holdings
Fairmount Santrol and Unimin Corp. announced that following the close of their proposed merger, the combined company will be known as Covia Holdings Corp. and will trade on the New York Stock Exchange under the ticker symbol “CVIA.”
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