2019-01-09 / Front Page

U.S. Silica acquires the CARBO plant in Millen


U.S. Silica has acquired the CARBO Ceramics manufacturing facility in Millen. (Staff photo by Deborah Bennett) U.S. Silica has acquired the CARBO Ceramics manufacturing facility in Millen. (Staff photo by Deborah Bennett) U.S. Silica Holdings, Inc. (NYSE: SLCA), Katy, Texas, said today that it has purchased a the former ceramic proppant facility of CARBO Ceramics in Millen, GA that will be converted into manufacturing high-end products for the Company’s Industrial and Specialties Products (ISP) business.

“The acquisition of the Millen facility will enable us to expand our capacity to meet growing customer demand for some of ISP’s most successful and most profitable new products,’’ said Bryan Shinn, president and chief executive officer. “Adding this new capability will accelerate new product launches, improve product quality and facilitate important product customizations required by our industrial customers,” he added.

The Company is in the initial stages of customer trials and expects to begin full production at the plant in the second half of this year.

U.S. Silica’s Industrial and Specialty Products unit has a robust pipeline of new, high-margin, high-performance products in various stages of development. The Company anticipates that these new products will continue to drive ISP’s profitability, which has increased at a 10% CAGR over the last five years.

The Former ceramic proppant plant will be retooled to produce high-end ISP products. New capabilities will enable the Company to move further down the value chain. New capacity lowers production costs and makes supply chain more efficient.

The local CARBO Ceramics plant was idled by the company in September 2015 after beginning operations in the summer of 2014.

U.S. Silica Holdings, Inc. is a 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. Wholly owned EP Minerals, a U.S. Silica Company, is an industry leader in the production of products derived from diatomaceous earth, perlite, engineered clays, and non-activated clays. Over its 119-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 1,500 diversified products to customers across our end markets. The Company currently operates over 26 mines and production facilities. The Company is headquartered in Katy, Texas and has offices in Frederick, Maryland and Chicago, Illinois.

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