KATY, Texas, Nov. 30, 2021
/PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced
today that its Industrial and Specialty Products business will
increase prices for most of its non-contracted silica sand, aplite,
diatomaceous earth and clay products used primarily in glass,
foundry, paints, coatings, elastomers, roofing, chemicals,
recreation, building products, agricultural, pet litter and other
applications.
Price increases will range from 6% to 14%, depending on the
product and grade, and go into effect for shipments beginning
February 1, 2022.
These price increases are necessary to help offset significant
and continuing cost increases in energy, labor, transportation,
materials and manufacturing 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 121-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 400 diversified
product types 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 24 mines and production
facilities and is headquartered in Katy, Texas.
Investor Contact
Patricia Gil
Vice President, Investor Relations
281-505-6011
gil@ussilica.com
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SOURCE U.S. Silica Holdings, Inc.