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Sibelco, Unimin Join Forces for Venture

Sibelco announced the formation of Unimin Energy Solutions, a global commercial division, designed to serve the worldwide energy services industry. The new organization will unify Sibelco's Energy mineral portfolio and global footprint under a single, energy solutions umbrella.

Unimin Energy Solutions integrates the North American expertise of Unimin with the global capabilities and expertise of Sibelco to create the first truly global oilfield minerals company, according to the firms. Unimin operates with the world's largest installed Northern White sand production capacity and is the leading supplier of hydraulic fracturing sands in North and South America. Unimin's parent company, Sibelco, is a diversified industrial minerals producer and the world's largest producer of industrial sand with mineral resources and processing capabilities located throughout the world.

"Unimin Energy Solutions is a strategic investment that reflects our ongoing commitment to our customers in the oil and gas industry as they grow around the globe," said Jean-Luc Deleersnyder, chief executive officer of Sibelco. "The supply dynamic is evolving as global operators increasingly focus on proppant performance to sustain conductivity and recovery rates, and we are uniquely positioned to respond to this new performance and service requirements, wherever they may be in the world."

The newly formed global division will manage customer relationships, product development and optimization, technical support, analytical services and technology innovations to deliver hydraulic fracturing proppants and engineered mineral additives for drilling, completion and production.

"We will continue to leverage Unimin's superior quality and service standards for Proppants and Oilfield Minerals worldwide," said Dave Frattaroli, chief commercial officer of the newly created division. "Unimin Energy Solutions combines more than 40 years of seamless hydraulic fracturing sand production, logistics and customer service across North America and more than 140 years of the global resources and local capabilities of Sibelco to deliver the right products, on time and in-spec."

The privately held Sibelco Group operates with a long-term business perspective that emphasizes customer service, operational excellence and sustainable development.