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In September 2012, the company acquired plants in Sugar Creek, Missouri and Tulsa, Oklahoma from Lafarge for $446 million. [5] In October 2014, the company acquired CRS Proppants LLC, a frac sand supplier, for $225 million. [6] In February 2017, the company acquired a cement plant in Fairborn, Ohio from Cemex for $400 million. [7]
Frac sand firm Vista Proppants and Logistics filed for Chapter 11 bankruptcy protection on Tuesday stating it has around $500 million of liabilities, according to court documents.The Fort Worth ...
Nov. 30—Except for the oil and natural gas themselves, one of the oilfield's hottest commodities these days is the sand used to fracture or "frac" the bedrock formations and loosen them up for ...
Founded in 1970, Unimin is one of North America's largest producers of non-metallic industrial minerals. Unimin is the world's leading producer of quartz proppants (frac sand) and a major producer of resin coated sand proppants for oil and natural gas stimulation and recovery, and the largest producer of low-iron nepheline syenite for glass, ceramic, paint and plastic applications.
As of 2023, there were about 3400 companies mining sand and gravel, [1] and 1400 mining crushed rock in the United States, [2] with many companies doing both. Top crushed rock companies as of 2015, in order of descending tonnage. The top ten companies provided 45 percent of the crushed rock produced in the US. [5] Rank Company 1. Martin ...
Hi-Crush Inc (NYSE: HCR), which supplies frac sand and other proppant and logistics services for hydraulic fracking operations, has filed for Chapter 11 bankruptcy protection.Houston-based Hi ...
The company purchased several sites in Texas and Minnesota and has since become a significant frac sand distributor in North America. [14] [15] In 2014, LTG purchased Feed Factors Limited, a trading company based in London, that focuses on domestic and international distribution of agricultural commodities for human and animal consumption. [16]
Now, sand mining is shifting to locally sourced ‘brown sand' located closer to oil production sites, and railroads like Union Pacific are giving guidance for reduced frac sand volumes in the ...