Carbo proppant sales rise while prices drop

By John Ollett
Published: Thursday, 25 April 2013

Sales to be impacted by Canada Spring breakup in Q2; prices under pressure

US-based Carbo Ceramics Inc. proppant sales volumes increased by 10% year-on-year, despite a falling US rig count, while prices fell during the first quarter of 2013.

Carbo produces both resin-coated silica (frac) sand and ceramic proppants, which can be made using either kaolin or bauxite.

“The industry environment remained challenging...

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