US Silica Raises Silica Prices

U.S. Silica Holdings Inc of Frederick, MD has increased prices for the majority of its non-contracted silica sand, cool roof granule, aptite and specialty products used primarily in glass, foundry, paints, coatings, elastomers, roofing, building products and other applications. The increases were effective January 1, 2018 and range from 4% to 14%.   Volume 32,...

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MTI Posts Solid Results, Record Earnings for 2017

Minerals Technologies Inc (MTI) of New York, NY has reported 2016 net earnings of US$195.1 million on sales of US$1.68 billion compared with US$133.4 million on sales of US$1.68 billion in 2016. For the fourth quarter of 2017, the company generated net income of US$75.8 million on worldwide sales of US$432.1 million compared with an...

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USLM Focuses on Efficiency Enhancement

United States Lime & Minerals Inc (USLM) of Dallas, TX has reported a fourth quarter net income of US$11.6 million on revenues of US$35.2 million compared with US$3.9 million on revenues of US$34.2 million in the corresponding period of 2016. Fourth quarter revenues from the company’s lime and limestone operations increased 3.4% to US$34.7 million....

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USG Increase Wallboard Volumes by 14% in Q4

USG Corp of Chicago, IL has reported a fourth quarter net loss of US$62 million on net sales of US$831 million versus a net income of US$307 million on net sales of US$734 million in the fourth quarter of 2016. USG reports that its Wallboard and Surfaces segment, generated an operating profit of US$80 million...

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Atlas Sand Raises Funds for Permian Basin Plants

Atlas Sand Co of Austin, TX and BlackGold Capital Management LP of Houston, TX have announced the closing of a US$150 million credit facility to fund a portion of the ongoing construction of Atlas’ Kermit and Monahans frac sand plants and for general corporate purposes. Atlas has committed to draw a minimum of US$100 million...

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