U.S. Silica announces price increases on fine wohle grain silica products U.S. Silica said that its Industrial and Specialty Products business is increasing prices for the majority of its non-contracted fine whole grain silica sand products used primarily in glass melting furnaces and building products, an average of approximately twenty percent. The increases are effective with shipments after May 1st, or as contracts allow. The price increases are being made to support the continued investment the company is making in upgrading its capacity to meet the growing demand for its products and to reflect the tight supply/demand balance in the silica market.
News For SLCA From The Last 14 Days
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U.S. Silica raises FY14 EBITDA to $215M-$225M The Company is increasing the guidance it provided in its press release dated April 29, 2014. The Company now expects capital expenditures in the range of $95M-$105M and an effective tax rate of approximately 27%. FY14 EBITDA view includes a small contribution from the Cadre acquisition.