KATY, Texas, Feb. 2, 2022 /PRNewswire/ -- U.S. Silica
Holdings, Inc. (NYSE: SLCA) said today that a portion of its
Industrial and Specialty Products business will increase prices for
the majority of its non-contracted engineered clay products used
primarily in edible oil, industrial oil and petrochemical
processes.
Price increases will range up to 15 percent, depending on the
product and grade. The price increases are effective for shipments
starting March 1, 2022.
This increase is driven by ongoing inflationary pressures around
raw materials, packaging, logistics and maintenance
expenses.
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.
U.S. Silica Holdings, Inc.
Investor Contact
Patricia
Gil
Vice President, Investor Relations
281-505-6011
gil@ussilica.com
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SOURCE U.S. Silica Holdings, Inc.