CRR CARBO Ceramics Inc

IRVING, Texas, Nov. 18 /PRNewswire-FirstCall/ -- CARBO Ceramics Inc. (NYSE:CRR) announced today that it will resume production of ceramic proppant in its New Iberia, Louisiana manufacturing facility. Production at the plant is expected to begin in December with first product being available for sale in January 2009. The facility is expected to add 50 million pounds to the company's current annual manufacturing capacity. President and CEO Gary Kolstad stated, "As industry leaders, we have again proven our willingness to meet the needs of our clients through increased investment in the ceramic proppant business. Drilling activity in fracture-intensive resource plays has resulted in unprecedented demand for our high-quality ceramic proppant. This plant is strategically located to supply the growing demand for ceramic proppant in the Haynesville Shale formation in northeastern Louisiana and east Texas. We expect much of the output of the plant to be directed to that region. The E&P operators' desire to maximize the Economic Conductivity(TM) of their reservoirs continues to drive our production expansion. We are also moving forward with the construction of a third production line at our Toomsboro, Georgia facility that is expected to add 250 million pounds of annual capacity in early 2010." CARBO Ceramics Inc., based in Irving, Texas, is the world's largest supplier of ceramic proppant, the provider of the world's most popular fracture simulation software, and a leading provider of fracture design, engineering and consulting services. The Company also provides a broad range of technologies for geotechnical monitoring. The statements in this news release that are not historical statements, including statements regarding our future financial and operating performance, are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. All forward-looking statements are based on management's current expectations and estimates, which involve risks and uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements. Among these factors are changes in overall economic conditions, changes in demand for our products, changes in the demand for, or price of, oil and natural gas, risks of increased competition, technological, manufacturing and product development risks, loss of key customers, changes in government regulations, foreign and domestic political and legislative risks, the risks of war and international and domestic terrorism, risks associated with foreign operations and foreign currency exchange rates and controls; weather-related risks and other risks and uncertainties described in our publicly available filings with the SEC. We assume no obligation to update forward-looking statements, except as required by law. DATASOURCE: CARBO Ceramics CONTACT: Paul Vitek, CFO of CARBO Ceramics, +1-972-401-0090 Web site: http://www.carboceramics.com/

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