Oil-Dri Excited by Value Added Sales Growth

Oil-Dri Corp of America of Chicago, IL has announced net sales of US$266.0 million for the fiscal year ended July 31, 2018, up from US$262.3 million in fiscal 2017. Net income fell from US$10.8 million to US$8.2 million. In the fourth quarter, the company recorded net income of US$2.7 million on sales of US$65.6 million...

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Vista Plans New Frac Sand Mine for Oklahoma

Vista Proppants and Logistics, LLC of Fort Worth, TX has announced the development of a 1-1.5 million tons/year frac sand mine northeast of Fay, OK to serve customers primarily operating in the Mid-Continent region’s SCOOP and STACK oil and gas plays. The company has completed the purchase of a 1,150 acre site, which is located...

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NextSource Inks Offtake Agreement for Molo

NextSource Materials Inc of Toronto, ON has signed a binding Offtake Agreement for the supply of its SuperFlake graphite concentrate with a prominent Japanese trading company. The trading company is a primary supplier of flake graphite to a major Japanese electric vehicle anode producer. The offtake agreement is for a period of ten years and...

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I-Minerals Optimizes Processes for Bovill Kaolin

I-Minerals Inc of Vancouver, BC has begun a series of pilot plants and product optimization procedures for its Bovill kaolin property in Idaho. Processing of 17 tons of quartz/potassium feldspar sand is underway at North Carolina State University (MRL) in Raleigh, NC. In parallel with the commencement of the MRL pilot plant, 65 tons of...

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Indiana Limestone Merges with Polycor Holdings

Wynnchurch Capital LLC of Rosemont, IL has announced that its portfolio company, Indiana Limestone Holdings Inc, has merged with Polycor Holdings Inc of Quebec City, QC. Headquartererd in Bloomington, IN, Indiana Limestone is the premier supplier of Indiana limestone building products. With more than 4,000 acres of reserves and operating from seven quarries and two...

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