Carbo proppant sales rise while prices drop
Published: Thursday, 25 April 2013
Sales to be impacted by Canada Spring breakup in Q2; prices under pressure
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...