KATY,
Texas, May 15, 2024 /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 silica, aplite, diatomaceous earth,
clay, perlite, and cellulose products used primarily in glass,
filtration, foundry, paints, coatings, elastomers, roofing,
chemicals, recreation, building products, renewable diesel,
industrial oil, and other applications.
Price increases will range up to 20% depending on the product
and grade and go into effect for shipments beginning July 1,
2024.
These price increases are necessary to help offset significant
and continuing cost increases as well as support continued
reinvestment in the business.
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
124-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 800
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 26 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
Marcelo
Barbosa
Vice President, Finance
(281) 258-2173
barbosa@ussilica.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/us-silica-announces-price-increases-on-industrial-and-specialty-products-302146347.html
SOURCE U.S. Silica Holdings, Inc.