Covia idles more frac sand capacity while demand, prices slip

By William Clarke
Published: Monday, 19 November 2018

Frac sand miner Covia has reported falling demand amid an oversupplied market, while it closes more frac sand capacity in the United States.

US frac sand demand has been declining since July this year, Jennifer Deckard Covia’s chief executive said, following the company's decision to idle capacity in Texas.

Covia will cut its Texas sand production by 1.6 million short tons by the end of January 2019 due to lower demand, the company...

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