U.S. Silica Announces Price Increases on Silica and Aplite Products

Jan 20, 2016, 14:00 ET from U.S. Silica Holdings, Inc.

FREDERICK, Md., Jan. 20, 2016 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) said today that its Industrial and Specialty Products business is increasing prices for the majority of its non-contracted silica sand and aplite products used primarily in glass, foundry, paints, coatings, elastomers, chemical, recreation, building products and other applications. The increases are effective with shipments after February 1, 2016. Price increases will range from 4 to 6 percent, depending on the grade.  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 offset rising production costs.

About U.S. Silica

U.S. Silica Holdings, Inc., a member of the Russell 2000, is a leading producer of commercial silica used in the oil and gas industry, and in a wide range of industrial applications. Over its 116-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 260 products to customers across our end markets. The Company currently operates nine industrial sand production plants and eight oil and gas sand production plants. The Company is headquartered in Frederick, Maryland and also has offices located in Chicago, Illinois, Houston, Texas and Shanghai, China. The Company operates on a platform of ethics, safety and sustainability. U.S. Silica is a founding member of Wisconsin Industrial Sand Association (WISA) and has been recognized by the Wisconsin Department of Natural Resources (WDNR) as a partner in the WDNR Green Tier program. In becoming a Green Tier participant, U.S. Silica demonstrates its commitment to achieving superior environmental and economic performance.

U.S. Silica Holdings, Inc.
Michael Lawson
Director of Investor Relations and Corporate Communications
(301) 682-0304
lawsonm@ussilica.com

SOURCE U.S. Silica Holdings, Inc.