KATY,
Texas, Aug. 2, 2023 /PRNewswire/ -- U.S. Silica
Holdings, Inc. (NYSE: SLCA) announced today that its Industrial and
Specialty Products segment will increase prices for most of its
non-contracted diatomaceous earth and clay aggregate products used
primarily in automotive, industrial, chemicals, energy/oil &
gas, recreation, and other applications.
Price increases will range from 8% to 30% depending on the
product and grade and go into effect for shipments beginning
September 1, 2023.
These price increases are necessary to help offset continuing
elevated labor, manufacturing and maintenance costs as well as
support capital investments to bolster long-term equipment
reliability and enable capacity expansions.
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 123-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
has 27 operating mines and processing facilities and two additional
exploration stage properties across the
United States and is headquartered in Katy, Texas.
U.S. Silica Holdings, Inc.
Investor Contact
Patricia
Gil
Vice President, Investor Relations & Sustainability
281-505-6011
gil@ussilica.com
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SOURCE U.S. Silica Holdings, Inc.