Showing posts with label SLCA. Show all posts
Showing posts with label SLCA. Show all posts

Tuesday, September 16, 2014

How U.S. Silica Got on Target to Double Its Earnings by 2016

This article was originally published by TheStreet on September 2, 2014.
By Sarfaraz A. Khan
NEW YORK ( TheStreet) -- U.S. Silica (SLCA) makes sand, a commodity which you might think is abundantly available virtually everywhere -- but this is not just any sand. This company is the biggest local producer of commercial silica sand, a special type used in drilling for shale oil and gas.
Silica sand, which is already in short supply, is used by energy companies as a cheaper alternative to expensive ceramics such as those produced by CARBO Ceramics (CRR) . Other companies such as Emerge Energy Services (EMES) and Hi-Crush Partners (HCLP)   are also producing this sand.