Profile: U.S. Silica Holdings Inc (SLCA.N)
23 Jan 2015
U.S. Silica Holdings Inc., incorporated on November 14, 2008, is a producer of industrial minerals. The Company produces sand proppants, whole grain silica, ground silica, fine ground silica, calcined kaolin clay and aplite clay. The Company is a domestic producer of commercial silica. The Company operates in two segments based on end markets served: Oil & Gas Proppants, and Industrial & Specialty Products. The Company operates as a research and development specialist for customized products and solutions utilizing the same raw materials. The Company serves the industries including oil and gas, glass, chemicals, foundry, building products, fillers and extenders, recreation, industrial filtration and treatment, and testing and analysis. As of February 26, 2014, the Company operates 15 production facilities across the United States and controls 297 million tons of reserves, including approximately 138 million tons of reserves that can be processed to meet the American Petroleum Institute frac sand size specifications.
Oil and Gas Proppants
Commercial silica produced by the Company is used as a proppant by companies involved in oil and natural gas recovery in conventional and unconventional resource plays. The Company has a selection of offerings from number of mining and transload locations. In the Oil & Gas proppant segment, he Company serves the oil and gas recovery market providing fracturing sand, or frac sand, which is pumped down oil and natural gas wells to prop open rock fissures and increase the flow rate of natural gas and oil from the wells.
Industrial & Specialty Products
The Industrial & Specialty Products segment consists of over 250 products and materials. The Company products include container glass, fiberglass, specialty glass, flat glass, building products, fillers and extenders, foundry products, chemicals, recreation products, filtration products, and testing and analysis.
The Company competes with Unimin Corporation, Fairmount Minerals, Ltd., Badger Mining Corporation and Premier Silica.
U.S. Silica Holdings Inc
Suite 300, 8490 Progress Drive
FREDERICK MD 21701