Loading...

U.S. Silica To Raise Prices Of Industrial And Specialty Products By 9% To 20%

RTTNews | 607 days ago

U.S. Silica To Raise Prices Of Industrial And Specialty Products By 9% To 20%

(RTTNews) - Performance materials company U.S. Silica Holdings, Inc. (SLCA) announced Tuesday that its Industrial and Specialty Products segment will increase prices for most of its non-contracted silica sand, aplite, limestone, diatomaceous earth, perlite, engineered clays and non-activated clay products used primarily in glass, filtration, foundry, paints, coatings, elastomers, roofing, chemicals, recreation, building products and other applications.

The price increases will range from 9% to 20% depending on the product and grade and go into effect for shipments beginning November 1, 2022.

These price increases are necessary to help offset significant and continuing cost increases in labor, transportation, materials and manufacturing costs.

Tags: SLCA

read more

U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal

U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal

Industrial minerals company U.S. Silica Holdings, Inc. (SLCA) announced Friday that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (APO) in an all-cash transaction that values the Company at an enterprise value of approximately $1.85 billion.

RTTNews | 30 days ago

Bargain Hunting May Boost KOSPI On Monday

Bargain Hunting May Boost KOSPI On Monday

The South Korea stock market has moved lower in four straight sessions, slipping more than 55 points or 2.1 percent along the way. The KOSPI now sits just above the 2,685-point plateau although it may stop the bleeding on Monday.

RTTNews | 4h 23min ago

Hong Kong Trade Data Due On Monday

Hong Kong Trade Data Due On Monday

Hong Kong will on Monday release April data for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In March, imports were up 5.3 percent on month and exports rose 4.7 percent for a trade deficit of HKD45.0 billion.

RTTNews | 5h 23min ago

TSX Ends Moderately Higher

TSX Ends Moderately Higher

The Canadian market closed on a firm note on Friday, rebounding well after posting losses in the previous two sessions, as investors chose to pick up stocks at reduced prices. Also, expectations of a rate cut by the Bank of Canada next month helped underpin sentiment.

RTTNews | 2 days ago

Dollar Turns Weak Against Major Counterparts

Dollar Turns Weak Against Major Counterparts

Despite rising prospects of the Federal Reserve holding interest rates higher for longer, the U.S. dollar turned in a weak performance on Friday with investors picking up stocks amid an improvement in risk sentiment.

RTTNews | 2 days ago

Canadian Market Looks Set To End On Firm Note

Canadian Market Looks Set To End On Firm Note

The Canadian market is up firmly in positive territory Friday afternoon and looks set to end the day's session on a bright note, as stocks from several sectors are back in demand after recent losses.

RTTNews | 2 days ago

Swiss Market Ends On Weak Note

Swiss Market Ends On Weak Note

The Switzerland market ended weak on Friday after languishing in negative territory right through the day's session, as concerns about the outlook for U.S. interest rates continued to weigh on sentiment.

RTTNews | 2 days ago

U.S. Dollar Drops As Stocks Advance

U.S. Dollar Drops As Stocks Advance

The U.S. dollar weakened against its major counterparts in the New York session on Friday, as U.S. stocks edged higher after falling in the previous session.

RTTNews | 2 days ago

Terms | Privacy | Site Map | Site Map Calendar

© 2024 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.