Oil-Dri Hikes Cat Litter Prices

Oil-Dri Corporation of America announced today that it will be implementing price increases on its private label heavy scoopable and non-scooping cat litters, effective August 1, 2017. The company says that price increases are due to current cost increases and pricing trends on key components used in mining, manufacturing, shipping and include costs related to...

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MTI Reports Solid Q1 Across All Businesses

Minerals Technologies Inc (MTI) of New York, NY has reported net income of US$34.6 million on net sales of US$405.0 million in the first quarter of 2017 compared with US$33.9 million on sales of US$410.2 million in the corresponding quarter of 2016. Douglas Dietrich, MTI’s CEO, said, “We had a solid first quarter. All of...

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Smart Sand Focuses on Oakdale Expansion

Smart Sand Partners LP of The Woodlands, TX has reported first quarter revenues of approximately US$25.0 million versus US$10.4 million in the same period of last year. The company reported a net income of US$1.0 million in the latest quarter versus a net income of US$0.4 million in the first quarter of 2016. Overall tons...

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Ciner Resources Expects Soda Ash Prices to Rise

Ciner Resources LP of Atlanta, GA has reported a 2017 first quarter net income of US$22.4 million on net sales of US$126.6 million compared with US$21.1 million on sales of US$114.4 million in the first quarter of 2016. The company produced 651,000 tons of soda ash at its Green River, WY operation in the quarter...

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Owens Corning to Acquire Pittsburgh Corning

Owens Corning of Toledo, OH has signed an agreement to acquire Pittsburgh Corning of Pittsburgh, PA for approximately US$560 million. Pittsburgh Corning is a global leader in the production of cellular glass insulation systems for industrial and commercial markets. Subject to regulatory approvals, the deal is expected to close in the third quarter of 2017....

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