U.S. Silica Completes NBR Sand Acquisition
U.S. Silica Holdings, Inc. recently announced that it has completed its acquisition of NBR Sand.
U.S. Silica Holdings, Inc. recently announced that it has completed its acquisition of the NBR Sand unit of New Birmingham, Inc. The facility has an annual capacity of just over two million tons and produces 40/70 mesh and 100 mesh silica sand used in hydraulic fracturing.
“The acquisition of NBR delivers on our strategic objective to diversify our mix of product offerings to better match evolving demand trends while maintaining our competitive advantage of low-cost production,” said Bryan Shinn, president and CEO. “This accretive acquisition, once fully integrated in to U.S. Silica’s robust distribution system, will increase our ability to effectively satisfy our customers’ needs, especially in fast-growing regions like the Permian Basin.”