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Smart Sand Revenues Up Year-Over-Year; Makes Acquisition

Smart Sand Inc. announced that first-quarter revenues were $42.6, a slight decrease compared to fourth quarter 2017 revenues of $43 million. The decrease in revenues was primarily due to higher production costs and lower freight revenue, offset by higher sales volumes and a higher average price per ton sold.

Read more: Smart Sand Revenues Up Year-Over-Year; Makes Acquisition

Judge Invalidates Meteor Timber’s Wetland Permit

Atlanta-based Meteor Timber is appealing a judge’s decision to invalidate wetland permits it was issued by the Wisconsin Department of Natural Resources (DNR) to fill 16 acres of wetland in Monroe County as part of a proposed $75 million frac sand processing and rail loading facility, according to Wisconsin Public Radio.

Read more: Judge Invalidates Meteor Timber’s Wetland Permit

Eagle Materials Proppant Revenue Up 147 Percent

Eagle Materials Inc. reported record revenue of $1.4 billion, up 14 percent for fiscal year 2018; and record revenue of $284.7 million, up 2 percent for its fiscal fourth quarter ended March 31, 2018.

Read more: Eagle Materials Proppant Revenue Up 147 Percent

Preferred Proppants Begins Building Oklahoma Frac Sand Plant

Preferred Proppants LLC announced that construction is underway on an in-basin frac sand mine and facility in Oakwood, Okla. The mine is expected to come online in the third quarter of 2018 and the company is currently looking to fill approximately 100 positions including electricians, maintenance technicians, heavy equipment operators, loaders, utility hands, plant operators, loadout operators and more.

Read more: Preferred Proppants Begins Building Oklahoma Frac Sand Plant