KATY, Texas, Feb. 24, 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
most of its non-contracted whole grain and ground cristobalite
products. These products are produced in its Millen, GA, Berkeley
Springs, WV and Columbia,
SC facilities and used primarily in building products,
foundry, plastics, and paints and coatings.
Price increases will range up to 25 percent, depending on the
product and grade. The price increases are effective for shipments
starting April 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 is a member of the Russell 2000. The Company is a
leading producer of commercial silica used in the oil and gas
industry and in a wide range of industrial applications. Over
its 122-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 600 diversified
products to customers across our 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.