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Syverson: The Market Has Reawakened

Kent Syverson, chairman of University of Wisconsin-Eau Claire’s geology department, told the Eau Clair, Wis., Leader-Telegram, “The [frac sand] industry was fairly dormant for a while, but now it has reawakened.” Syverson added, “These mines are going full out again.”

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Hi-Crush Touts Higher Sales; Successful First Quarter

Hi-Crush Partners reported first quarter 2017 results. Revenues for the quarter ended March 31, 2017, totaled $83.4 million on sales of 1,384,887 tons of frac sand. This compares to $67.3 million of revenues on sales of 1,358,511 tons of frac sand in the fourth quarter of 2016. The limited partners' interest in net loss was $5.4 million for the first quarter of 2017.

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Frac Sand Production Predicted to Exceed 2014 Levels

The frac sand sector has re-entered bullish territory in 2017 as demand is expected to exceed peak 2014 levels before the end of the year, according to a report by Thomas Jacob, a consultant with IHS Markit.

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