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Investor Alert

press release

April 27, 2022, 5:15 p.m. EDT

U.S. Silica Announces Price Increases on Industrial and Specialty Products

KATY, Texas, April 27, 2022 /PRNewswire/ -- U.S. Silica Holdings, Inc. /zigman2/quotes/206361964/composite SLCA -1.40% announced today that its Industrial and Specialty Products business will increase prices for most of its non-contracted silica sand, aplite, diatomaceous earth and clay products used primarily in glass, foundry, paints, coatings, elastomers, roofing, chemicals, recreation, building products, agricultural, pet litter and other applications.

Price increases will range from 8% to over 25%, depending on the product and grade, and go into effect for shipments beginning June 1, 2022. 

These price increases are necessary to help offset significant and continuing cost increases in energy, labor, transportation, materials and manufacturing costs.

About U.S. Silica

U.S. Silica Holdings, Inc. is a global performance materials company and is a member of the Russell 2000. The Company is a leading producer of commercial silica used in the oil and gas industry and in a wide range of industrial applications.  Over its 122-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 600 diversified products to customers across our end markets.  U.S. Silica's wholly-owned subsidiaries include EP Minerals and SandBox Logistics™.  EP Minerals is an industry leader in the production of products derived from diatomaceous earth, perlite, engineered clays, and non-activated clays. SandBox Logistics™ is a state-of-the-art leader in proppant storage, handling and well-site delivery, dedicated to making proppant logistics cleaner, safer and more efficient.  The Company currently operates 24 mines and production facilities and is headquartered in Katy, Texas.

U.S. Silica Holdings, Inc.

Investor Contact Patricia Gil
Vice President, Investor Relations
281-505-6011
gil@ussilica.com  

Cision
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SOURCE U.S. Silica Holdings, Inc.

COMTEX_406348588/2454/2022-04-27T17:15:08

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/zigman2/quotes/206361964/composite
US : U.S.: NYSE
$ 11.26
-0.16 -1.40%
Volume: 829,565
July 1, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$849.87 million
Rev. per Employee
$630,354
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