Polaris Materials Corp. reported financial results for its fourth quarter and full year ending Dec. 31, 2015. In addition, the company announced the commencement of commercial operations at its Long Beach, Calif., terminal.
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Polaris Foresees Strong 2016 Performance
Polaris Materials Corp. reports that shipments from its Orca Quarry for the 12 months ended Dec. 31, 2015, were 3.02 million tons, a decrease of approximately 12.5 percent versus 2014, reflecting the impact of previously reported supply disruptions in the second and third quarters of 2015.
Read MorePolaris: Profits Up, Aggregates Sales Down
Polaris Materials Corp. reported the financial results for its third quarter ending Sept. 30, 2015. It’s third-quarter gross profit of $1.6 million was an increase of 116 percent over the same period in the previous year.
Read MorePolaris Opens California Aggregates Terminal
Polaris Materials Corp. is reporting that on July 19, a self-discharging Panamax ship carrying 77,000 tons of aggregates from the Orca sand and gravel quarry, made the first delivery into the company’s new terminal in the Port of Long Beach, Calif.
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