US Silica to invest $225m in Texas frac sand mine
Published: Thursday, 15 June 2017
The frac-sand miner will pump $225m in to the Permian Basin project, after swinging back into profit earlier this year
US Silica Holdings is investing in a new
$225m frac sand project in West Texas, in the oil and gas
heartland of the Permian Basin.
The facility, announced this week, is
expected to deliver some 4m short tons a year.
The move is timed to cash in on increased demand...