Covia has completed its previously announced acquisition of R.W. Sidley’s Industrial Minerals Division, which provides high-quality, silica-based products for use in filtration, industrial and sports applications. The acquisition of Sidley’s silica sand mining operation in Thompson, Ohio, includes the quarry and reserves, along with certain buildings, machinery, and equipment needed for operations. Through this purchase, Covia expands its portfolio of…
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Covia Acquires Sidley Operation in Ohio
Covia has signed an agreement to acquire R.W. Sidley’s silica sand mining operation in Thompson, Ohio, effective in early 2024. Bringing the Thompson facility and reserves into the Covia network provides customers of both companies with enhanced capacity, a broader range of products and services, and long-term availability of supply. With complementary commercial offerings and complementary geographies, the addition of…
Read MoreCovia to Idle Mining Operations in Gore, Va.
Covia, a provider of mineral-based and material solutions for the Industrial and Energy markets, announced that mining operations at its facility in Gore, Va., will be idled indefinitely in the first quarter of 2024. The Gore facility has been in operation for more than 80 years under several owners, including Virginia Glass, Unimin and Covia. As part of Covia’s industrial…
Read MoreCovia Releases Corporate Responsibility Report
Covia Holdings LLC released its 18th consecutive Corporate Responsibility Report, entitled “Where We’re Going,” summarizing the company’s global ESG initiatives, activities and performance from the 2022 calendar year.
Read MoreCovia Adds Nagel to Executive Team
Covia, a provider of mineral-based and material solutions for the Industrial and Energy markets, announced that Chris Nagel will join the company as executive vice president and chief financial officer, effective May 15, 2023. Nagel joins Covia from Leaf Home, where he served as CFO since 2019. Prior to his tenure at Leaf Home, he served as CFO of Springs…
Read MoreThis Week’s Market Buzz
• At press time, Brent crude futures were down 13 cents, or 0.1%, at $96.46 a barrel at 1339 GMT. U.S. West Texas Intermediate crude was at $90.78 a barrel, up 28 cents, or 0.3%.
Read MoreCovia Foundation Drives Community Engagement Forward
Covia believes that when our communities thrive, everyone benefits. The company states on its website, “To us, our commitment to the communities in which we live and operate goes beyond just our implied corporate responsibilities. To be a welcomed neighbor and have a positive impact we must always remember to live our four Clearly Covia Values – Safety First, Be…
Read MoreThis Week’s Market Buzz
• At press time, Brent futures were down 86 cents, or 0.8%, at $107.92 a barrel, while U.S. West Texas Intermediate futures were off $1.10 or 1.1%, at $103.15 a barrel.
Read MoreEich Promoted to President, Chief Executive Officer at Covia
Covia announced that Andrew Eich has been promoted to president and chief executive officer, effective Jan. 1, 2022. In addition, Eich will also join the board of managers of Covia.
Read MoreCovia Bankruptcy Plan Approved
Covia announced the United States Bankruptcy Court for the Southern District of Texas, Houston Division, confirmed its Plan of Reorganization.
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