Ceramic Industry News

CARBO Ceramics Announces New Plant Construction

CARBO Ceramics Inc. recently announced that its board of directors has approved the construction of a new manufacturing plant in Wilkinson County, Ga. The plant is designed to have annual manufacturing capacity of 250 million pounds, an increase of over 35% from the company's current annual capacity. The plant is expected to be operational by the end of 2005 and is anticipated to cost approximately $62 million. "We are very pleased with oil and gas producers' increasing recognition of the value added through the use of ceramic proppants in the hydraulic fracturing of their wells," said C. Mark Pearson, Ph.D., president and chief executive officer. "The decision to move forward on this facility reflects our belief that this recognition will continue to increase the demand for our products. The facility's location in Wilkinson County is designed to take advantage of the significant raw material deposits we have acquired in the area over the last two years." The company also announced that its board of directors has approved the payment of a dividend on February 16, 2004, of $.10 per share to shareholders of record on January 30, 2004.

For more information, visit http://www.carboceramics.com .

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2015 Ceramics Expo

Snapshots from the 2015 Ceramics Expo, April 28-30, Cleveland, Ohio. Posted: May 14, 2015.

Podcasts

Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI May 2015 cover

2015 May

Our May issue covers bulk batching, pneumatic conveyors, high-temperature furnaces and more! Be sure to check it out today.

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!