U.S. Silica Teams-Up with CIG Logistics to Manage Transloading Terminals

CIG Logistics of Ft Worth, TX has reached an agreement with U.S. Silica Holdings Inc of Frederick, MD for the acquisition of three large, strategically-located transload terminals owned by U.S. Silica in the Permian Basin and Eagle Ford and Marcellus shale plays. CIG says that the terminals are expected to serve as the foundation for...

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Mosaic Enters 2018 with Positive Momentum

The Mosaic Co of Plymouth, MN has reported a 2017 fourth quarter net loss of US$413 million on net sales of US$2.1 billion compared with a net income of US$12 million on sales of US$1.9 billion in the same quarter of 2016. For the full year, the company incurred a net loss of US$107.2 million...

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Smart Sand Adapts to Changing Markets

Smart Sand Partners LP of The Woodlands, TX has reported fourth quarter revenues of US$43.0 million, the highest in the company’s history and represented a 46% increase over revenues in the fourth quarter of 2016. Net income of US$10.9 million in the quarter was down from US$12,4 million in the same period of 2016. Overall...

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Kronos Profits from Higher Volumes, Prices

Kronos Worldwide Inc of Dallas, TX has reported a fourth quarter 2017 net income of US$47.4 million on net sales of US$453.3 million compared with a net income of US$23.2 million on sales of US$333.7 million in the fourth quarter of 2016. For all of 2017, Kronos reported a net income of US$354.5 million on...

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Oil-Dri Succeeds with Focus on Value-Added Products Strategy

Oil-Dri Corp of America of Chicago, IL has announced a second quarter net loss of US$1.1 million on net sales of US$68.9 million for the three months ended January 31, 2018 compared with a net income of US$4.3 million on sales of US$65.2 million in the prior year period. For the first six months of...

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