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

RTTNews | 614 दिनों पहले
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.

टैग: 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 | 37 दिनों पहले
TSX Ends On Strong Note

TSX Ends On Strong Note

The Canadian market ended on a strong note on Friday thanks to some brisk buying at several counters in late afternoon trades. Optimism about interest rate cuts by the Bank of Canada and the Federal Reserve helped underpin sentiment.
RTTNews | 1 दिन पहले
Dollar Sheds Ground Against Major Counterparts

Dollar Sheds Ground Against Major Counterparts

The U.S. dollar turned in a weak performance against its major rivals on Friday on bets the Federal Reserve will likely cut interest rate in September after a reading of the nation's consumer price inflation came in line with estimates.
RTTNews | 1 दिन पहले
Swiss Market Ends On Buoyant Note

Swiss Market Ends On Buoyant Note

The Switzerland market ended on a strong note on Friday as stocks kept moving higher and higher during the day's session thanks to sustained buying support amid bets several central banks will start cutting interest rates soon.
RTTNews | 1 दिन पहले
European Stocks Close Higher After Choppy Session

European Stocks Close Higher After Choppy Session

European stocks closed higher on Friday with investors digesting eurozone inflation data, and a report on U.S. personal income & spending, and looking ahead to the European Central Bank's monetary policy announcement next week.
RTTNews | 1 दिन पहले
U.S. Dollar Declines As PCE Data Cements Rate Cut Bets

U.S. Dollar Declines As PCE Data Cements Rate Cut Bets

The U.S. dollar moved down against its major counterparts in the New York session on Friday, as the nation's consumer prices increased in line with economist estimates in April, raising the possibility of a rate cut from the Federal Reserve in September.
RTTNews | 1 दिन पहले
Tesla Recalls Over 125K Vehicles For Seat Belt Warning Issue

Tesla Recalls Over 125K Vehicles For Seat Belt Warning Issue

Tesla Inc. (TSLA) is recalling 125,227 cars in the U.S. due to a software and sensor issue that prevents the seat belt warning system from activating, which may potentially increase the risk of injury in a collision, according to a statement by the National Highway Traffic Safety Administration (NHTSA) on Friday.
RTTNews | 1 दिन पहले