KATY, Texas, Dec. 3, 2019 /PRNewswire/ -- U.S. Silica
Holdings, Inc. (NYSE: SLCA) said today that part of its Industrial
and Specialty Products business will increase prices for most of
its non-contracted silica sand, aggregate diatomaceous earth and
clay products used primarily in foundry, paints, coatings,
elastomers, roofing, chemicals, recreation, building products,
agricultural, pet litter and other applications.
Price increases will range up to 6 percent, depending on the
product and grade. Additionally, prices
for whole grain sand used in glass applications will increase by up
to 5 percent. The increases for aggregate diatomaceous earth
and clay were effective for shipments started Nov. 1, 2019. The increases for silica sand
are effective for shipments starting Jan. 1,
2020.
The price increases are being made to support the continued
investments the Company is making in upgrading its capacity to meet
the growing demand for its products and to offset rising production
costs.
About U.S. Silica
U.S. Silica Holdings, Inc. is a global performance
materials company and last-mile logistics provider and is a member
of the Russell 2000 Index. The Company is a leading producer of
commercial silica used in a wide range of industrial applications
and in the oil and gas industry. Over its 119-year
history, U.S. Silica has developed core competencies in
mining, processing, logistics and materials science that enable it
to produce and cost-effectively deliver over 1,500 diversified
products to customers across its multiple end markets. U.S.
Silica's wholly-owned subsidiaries include EP Minerals and
SandBox Logistics™. EP Minerals is an industry leader in the
production of products derived from diatomaceous earth, perlite,
engineered clays, and non-activated clays. SandBox
Logistics™ is a state-of-the-art leader in proppant storage,
handling and well-site delivery, dedicated to making proppant
logistics cleaner, safer and more efficient. The Company currently
operates 27 mines and production facilities. The Company is
headquartered in Katy, Texas and has offices
in Reno,
Nevada and Chicago, Illinois.
U.S. Silica Holdings, Inc.
Michael Lawson
Vice President of Investor Relations and Corporate
Communications
(301) 682-0304
lawsonm@ussilica.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/us-silica-announces-price-increases-on-industrial-and-specialty-products-300968208.html
SOURCE U.S. Silica Holdings, Inc.