Rock Products

MAR 2018

Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market

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www.rockproducts.com ROCK products • March 2018 • 25 FRAC SAND INSIDER • Shale Support Holdings LLC, a leading provider of frac sands and logistical solutions to the oil and gas prop- pant market, announced its newest exclusive terminal located in Gibsland, La. The terminal boasts 24-hr opera- tions, seven days-a-week, 100-car capacity, easy access to major highways, on-site space to store containerized sand boxes, and room to add future storage capabilities. Shale Support is strategically aligned with key destination terminals that serve the Marcellus, Utica, Haynesville, Tuscaloosa, Mid-Con, Permian and Eagle Ford shale basins. The company has the flexibility to ship proppant via rail, road and barge. • Select Sands Corp. announced the resignation, effective Feb. 4, 2018, of David Giannini from the company's board of directors. Giannini decided to leave the board to focus on other pursuits, and the company will review potential replacement directors in the coming weeks. Zig Vitols, president and chief executive officer, commented, "We appreciate David's service and wish him well for the future." • Atlas Sand Co. LLC and BlackGold Capital Management LP announced the closing of a $150 million credit facility to fund a portion of the ongoing construction of Atlas's Kermit and Monahans frac sand plants and for general company purposes. Eagle Materials Proppants Revenue Up 208 Percent Eagle Materials released financial results for the third quarter of fiscal 2018 ended Dec. 31, 2017. The company is reporting record revenues of $359.4 million, up 19 percent; and record net earnings per diluted share of $2.08, up 78 percent. Third quarter gross profit improved 8 percent, reflecting the financial results of the recently acquired cement plant in Fair- born, Ohio, and related assets and improved net sales prices across most businesses. Oil and Gas Proppants reported third quarter revenues of $21.9 million, a 208 percent increase from the prior year reflecting improved frac sand sales volumes and net sales prices. The third quarter's operating loss of $1.0 million includes depre- ciation, depletion and amortization of $5.8 million. Cement revenues for the third quarter, including joint venture and intersegment revenues, totaled $161.6 million, which was 17 percent higher than the same quarter last year. The average net sales price for this quarter was $106.83 per ton, 6 percent higher than the same quarter last year. Concrete and Aggregates reported revenues for the third quarter of $38.5 million, a decline of 5 percent. Third quarter operating earnings were $3.4 million, 26 percent below the same quarter a year ago, reflecting lower concrete and aggre- gates sales volumes partially offset by record third quarter concrete and aggregates sales prices. Sales volumes in its Austin concrete and aggregates business were impacted by wet weather in the latter portion of the quarter. When your operation requires very discrete particle size gradations, such as in frac sand, you typically see a com- bination of wet and dry processing. Wet processing to fully liberate the particles, remove contaminants such as clay, and make tight separations for the varying final product gradation. As the most experienced manufacturer of processing plants for frac sand pro- duction in North America, McLanahan offers a complete in-house range of equipment including screens, pumps, sumps, cyclones, Hydrosizers, attrition cells, thickeners and presses. McLanahan leads the industry in the design and manufacture of the spe- cialized equipment needed to meet the demanding expectations of the frac sand producer. Whether you are looking for an off the shelf, ready to go, quick set-up plant or a complete cus- tomized system, our engineers handle it from beginning to end to meet the needs of each specific site. From crushing to water management systems, McLanahan is able to make your frac sand site more efficient, more productive and more profitable. McLa- nahan Corp., www.mclanahan.com McLanahan Frac Sand Equipment for Demanding Applications Market Briefs

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