Covia Encouraged by Positive Momentum

Covia Corp of Independence, OH, the combination of Unimin Corp and Fairmount Santrol Holdings Inc, has announced results for the first quarter of 2019. Revenues decreased 33% compared with the first quarter of 2018 on a pro forma basis due primarily to lower Energy volumes and pricing. The company recorded a net loss from continuing...

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Ciner Boosted by Higher Global Soda Ash Prices

Ciner Resources LP of Atlanta, GA has reported a 2019 first quarter net income of US$25.2 million on net sales of US$130.4 million compared with US$20.9 million on sales of US$121.2 million in the first quarter of 2018. Total soda ash production in the quarter was 679,000 tons, a 1.5% increase over the prior year,...

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Hi-Crush Ramps Up Second Kermit Plant

Hi-Crush Partners LP of Houston, TX has reported a net loss of US$6.2 million on revenues of US$159.9 million in the first quarter of 2019 versus a net income of US$53.9 million on revenues of US$218.1 million in the same period of 2018. During the latest quarter, the company sold 2.411 million tons of frac...

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Chemours Hit by Weak Titanium Pigment Demand

The Chemours Co of Wilmington, DE has reported a first quarter net income of US$94 million on net sales of US$1.38 billion versus a net income of US$297 million on sales of US$1.73 billion in the same period of 2018. Results were driven primarily by lower volume in Titanium Technologies, resulting in a 20% decrease...

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Nutrien Potash Revenues Rise on Higher Prices

Nutrien Ltd of Saskatoon, SK has reported first quarter potash sales of US$696 million, up from US$574 million in the first quarter of 2018. The increase reflects a 29% increase in average prices, to US$238/tonne, partially offset by a 7% decline in volume sales to 2.92 million tonnes. Volume 33, Issue 10...

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