Industrial Minerals


Pioneer closes $297m acquisition of Carmeuse frac sand arm

03 April 2012

by Alex Feytis

Oil & gas producer locks in own frac sand supply; division renamed Premier Silica

Keywords: Carmeuse, Pioneer, frac sand, Brady, Premier Silica

Texas-headquartered oil and gas giant Pioneer Natural Resources Co. has closed the $297m acquisition of US Carmeuse Industrial Sands (CIS), the company said.

The acquisition, which had been announced at the beginning of March, sees Pioneer changing CIS’...