FREDERICK, Md., June 24, 2014 /PRNewswire/ -- U.S. Silica
Holdings, Inc. (NYSE: SLCA) said today that its Industrial and
Specialty Products business is increasing prices for the majority
of its non-contracted ground and fine ground silica sand products
used primarily in paints, coatings, elastomers, chemical, building
products and other applications, an average of approximately ten
percent. The increases are effective with shipments after
July 15th, 2014 or as
contracts allow. The price increases are being made to support the
continued investment the Company is making in upgrading its
capacity to meet the growing demand for its products and to reflect
the tight supply/demand balance in the silica sand
market.
About U.S. Silica
U.S. Silica Holdings, Inc., a member of the Russell 2000, is one
of the largest domestic producers of commercial silica, a
specialized mineral that is a critical input into the oil and gas
proppants end market. The company also processes ground and
unground silica sand for a variety of industrial and specialty
products end markets such as glass, fiberglass, foundry molds,
municipal filtration and recreational uses. During its 100-plus
year history, U.S. Silica Holdings, Inc. has developed core
competencies in mining, processing, logistics and materials science
that enable it to produce and cost-effectively deliver over 250
products to customers across these end markets. U.S. Silica
Holdings, Inc. is headquartered in Frederick, Md.
Media Inquiries:
Alison Holder
Manager of Corporate Communications
301-682-0326
holder@ussilica.com
U.S. Silica Holdings, Inc.
Michael Lawson
Director of Investor Relations and Corporate Communications
(301) 682-0304
lawsonm@ussilica.com
SOURCE U.S. Silica Holdings, Inc.