Phoenix, Weir Formalize Partnership
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- Published: Thursday, 19 April 2018 13:03
Phoenix Process Equipment Co. and Weir Slurry Group Inc. entered into a formalized partnership for the supply of process systems to the frac sand industry.
Phoenix Process Equipment Co. and Weir Slurry Group Inc. entered into a formalized partnership for the supply of process systems to the frac sand industry.
U.S. Silica Holdings Inc. announced a definitive agreement to acquire EP Minerals for $750 million in cash.
Read more: U.S. Silica Acquires EP Minerals for $750 Million
Athabasca Minerals Inc. entered into a Letter of Intent with a property owner in the town of Mayerthorpe, Alberta, Canada, for a storage and distribution hub to serve its Firebag Frac Sand Project.
Read more: Athabasca Seeks to Build Storage and Distribution Hub
Select Sands Corp. announced operational and financial results for the full year and fourth quarter of 2017 and the filing of its 2017 full-year financial statements. The company reported full-year revenues of $15.1 million and gross profit of $2.9 million, resulting in a 19.2 percent gross profit margin for 2017.
Read more: Select Sands Looks Ahead to Improving Plant Processes
According to the Mine Safety and Health Administration, since Jan. 26, 2017, there have been four miners fatally injured when performing work around conveyor belts in mining operations across the country. Two fatalities involved miners crossing the belt and the third fatal occurred when a miner contacted a moving drive roller for the section belt.