FREDERICK, Md.,
June 30, 2014
/PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today
announced that it has received approval from the Town of Fairchild, WI to begin development of
a new, three million ton-per-year frac sand mine and plant. The
proposed state-of-the-art facility, which will be served by the
Union Pacific Railroad, is anticipated to become operational by the
fourth quarter of 2015.
Bryan Shinn, president and chief
executive officer of U.S. Silica said, "We had tremendous input
from the community in helping develop a project that will meet the
high environmental and compliance standards we set for ourselves as
a Company." Added Shinn: "This is an important step in our plan to
bring on additional new capacity to meet customers' rapidly growing
needs for high quality, Northern White frac sand in all of the
major shale basins in the U.S."
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
Investor Relations Inquiries: Mike
Lawson
Director of Investor Relations and Corporate Communications
301-682-0304
lawsonm@ussilica.com
SOURCE U.S. Silica