Hi-Crush forecasts frac sand market growth to 100 million tons
Published: Wednesday, 21 February 2018
Rising demand for frac sand supports increased sales volumes and pricing, while top executive downplays problems of cold weather logistics.
Frac sand producer Hi-Crush forecast rising demand from the
shale oil industry when it reported soaring sales volumes and
prices in a financial statement on Monday February 19.
"We expect frac sand demand to continue to rise throughout
2018, totaling approximately 100 million [short] tons," chief
executive officer Robert Rasmus...