Covia idles frac sand capacity while demand slips

• Autores: William Clarke
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 606, 2018 (Ejemplar dedicado a: Diciembre/Enero)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • US frac sand demand has been declining since July this year, Jennifer Deckard Covia’s chief executive said, following the company’s decision to idle capacity in Texas.

    Covia will cut its Texas sand production by 1.6 million short tons by the end of January 2019 due to lower demand, the company announced on November 14.

    Since September, the company has said it will idle some 4.9 million short tons of capacity, in response to an oversupplied market.