Imerys to Exit Ceramic Proppants Market

Imerys SA of France has reported a net income of €290 million (US$330.9 million) for the first nine months of 2018, up from €268 million (US$305.9 million) in the same period of 2017 on revenue 9.4% higher at €3.46 billion (US$3.95 billion). Conrad Keijzer, Imerys’ CEO, commented, “Imerys achieved an improvement in results for the...

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Carbo Ceramics Buys Minority Share of PicOnyx

Carbo Ceramics Inc of Houston, TX has reported a third quarter net loss of US$16.7 million on revenues of US$53.8 million versus a net loss of US$178.5 million on revenues of US$50.2 million in the same period of 2017. The latest result reflects growth in the company’s industrial and environmental business sectors. Carbo’s Oilfield and...

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USLM Challenged by Competitive Pressures

United States Lime & Minerals Inc (USLM) of Dallas, TX has reported a third quarter net income of US$4.6 million on revenues of US$35.3 million compared with US$5.7 million on revenues of US$36.9 million in the same period of 2017. Revenues from the company’s lime and limestone operations decreased 4.7% to US$34.7 million. The decrease...

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USG Profit Down on Lower Sales Volumes

USG Corp of Chicago, IL has reported third quarter net sales of US$851 million on a consolidated basis compared with US$795 million in the third quarter of 2017. The company’s operating profit decreased from US$91 million to US$69 million in the latest quarter. Net income declined to US$59 million versus US$66 million in the prior...

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Vulcan Reports Higher Aggregates Volumes/Prices

Vulcan Materials Co of Birmingham, AL has reported that its third quarter aggregates net sales increased US$125 million to US$984 million and unit aggregates shipments increased 10% to 56 million tons. The company’s average unit selling price for aggregates improved from US$13.12/ton to US$13.35/ton. Tom Hill, Vulcan’s CEO, said, “Our operating disciplines and execution were...

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