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Proppant Demand in North America to Reach $8.2 Billion by 2019

Demand for proppants in North America is forecast to increase 7.6 percent annually through 2019 to 162 billion lb., valued at $8.2 billion. With oil and gas prices expected to remain subdued in the near term, demand for proppants will decelerate from the extremely rapid growth posted between 2004 and 2014 and future gains will result primarily from increases in proppant loadings in unconventional well completions. These and other trends are presented in Proppants in North America, a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm.

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Brilliant Sands Touts Results from Alberta Project

Brilliant Sands Inc. has received extremely positive results from its Alberta Project located in central Alberta, Canada, according to the company. The Alberta Project is in close proximity to major infrastructure and well positioned to supply significant amounts of high-quality frac sand to many actively producing oil/gas companies throughout Alberta, Canada, and beyond, the company said.

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Bankruptcies Hit San Antonio Market

Four San Antonio, Texas-area energy companies have filed for reorganization or liquidation in the San Antonio division of the U.S. Bankruptcy Court for the Western District of Texas.

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Automated Sand Transloading Facility Opens

Rail Logix (Alamo Jct.) and Superior Silica Sands LLC announced the inaugural month of the new Mega Centre sand transloading facility in Elmendorf, Texas. The Alamo Jct. Mega Centre will serve the strong demand for high-quality, Northern White silica sand as proppant for the oil and gas industry in the South Texas' Eagle Ford shale play.

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Fairmont Santrol CFO to Step Down

Fairmount Santrol announced that Christopher L. Nagel will leave his position as chief financial officer and executive vice president of finance effective Oct. 20, 2015, in order to pursue an opportunity in the consumer products industry. Nagel's departure is not the result of any dispute or disagreement with the company or any matter relating to the company's accounting practices or financial statements, it said in a statement.

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