U.S. Silica Holdings, Inc. said that its Industrial and Specialty Products business is increasing prices for the majority of its non-contracted ground and fine ground silica sand products used primarily in paints, coatings, elastomers, chemical, building products and other applications, an average of approximately ten percent.
The increases are effective with shipments after July 15, 2014, 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 sand market.