Carbo to idle additional ceramic proppant facility in Georgia, US
Published: Thursday, 10 September 2015
Although the company predicted a movement back to ceramic proppants in July, the decision to close its second ceramic proppants facility in Millen demonstrates that a short term rebound in oil and gas industry activity is unlikely.
North American proppant producer Carbo Ceramics has
announced it will be idling its ceramic proppant manufacturing
facility in Millen, Georgia owing to reduced industry activity
levels in the oil and gas segment.
This follows Carbo’s announcement in March that
it would be reducing its workforce and cutting its quarterly