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U.S. Silica Holdings 2017 Revenue Up 122 Percent

U.S. Silica Holdings Inc. fourth-quarter revenue totaled $360.6 million compared with $182.4 million for the same period last year, an increase of 98 percent on a year-over-year basis, and an increase of 5 percent sequentially over the third quarter of 2017. Overall tons sold totaled 4.022 million, up 40 percent compared to 2.872 million tons sold in the fourth quarter of 2016 and relatively flat sequentially with the third quarter of 2017.

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Industrial Sand Production Rose 33 Percent in 2017

In 2017, U.S. apparent consumption of industrial sand and gravel was 100 million tons, a 33 percent increase from the previous year, owing primarily to increased activity in the oil and gas sector. Production - valued at about $3.5 billion - was produced by about 200 companies from 340 operations in 35 States, according to USGS Mineral Commodity Specialist Thomas Dolley.

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Market Briefs

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McLanahan Frac Sand Equipment for Demanding Applications

When your operation requires very discrete particle size gradations, such as in frac sand, you typically see a combination of wet and dry processing. Wet processing to fully liberate the particles, remove contaminants such as clay, and make tight separations for the varying final product gradation.

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Eagle Materials Proppants Revenue Up 208 Percent

Eagle Materials Inc. released financial results for the third quarter of fiscal 2018 ended Dec. 31, 2017. The company is reporting record revenues of $359.4 million, up 19 percent; and record net earnings per diluted share of $2.08, up 78 percent.

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