Covia Corp Continues Restructuring of Energy Segment, Idles Capacity

Covia Corp of Independence, OH, has announced a fourth quarter 2019 net loss from continuing operations of US$1.26 billion on revenues of US$313.3 million compared with a net loss of US$48.1 million on revenues of US$441.3 million in the fourth quarter of 2018. For all of 2019, the company reported a net loss of US$1.30...

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Oil-Dri Doubles Second Quarter Net Income

Oil-Dri Corp of America of Chicago, IL has announced a second quarter net income of US$4.8 million on net sales of US$71.0 million for the three months ended January 31, 2020 compared with a net income of US$2.3 million on sales of US$69.9 million in the prior year period. Daniel S Jaffee, Oil-Dri’s CEO, commented,...

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International Zeolite Sales Jump

International Zeolite Corp of Vancouver, BC has announced a 25% increase in zeolite sales to CDN$587,818 in the first half of its 2020 fiscal year ended June 30, 2020, The company also notes a 37% decrease in net loss for the period to CDN$223,045. It continues to progress development of value-added products along with research...

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Ferroglobe Squeezed by Lower Volume, Prices

Ferroglobe plc of London, England has announced a fourth quarter 2019 net loss of US$75.7 million on revenue of US$364.4 million compared with a net loss of US$74.2 million on sales of US$591.1 million in the same period of 2018. For all of 2019, the company reported a net loss of US$288.1 million on sales...

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U.S. Silica Fights Headwinds, Posts Loss

U.S Silica Holdings Inc of Katy, TX has reported a fourth quarter 2019 net loss of US$293.4 million on sales of US$339.1 million compared with a net loss of US$256.1 million on revenue of US$357.4 million in the fourth quarter of 2018. The company’s sales in the period were 4.20 million tons versus 4.85 million...

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