Ceramic

Carbo Mothballs Proppant Facility

Carbo Mothballs Proppant Facility

Carbo Ceramics Inc. is mothballing a proppant manufacturing facility in McIntyre, GA, due to a lack of business.

March 10, 2015

Carbo’s Profits Hit as Operators Opt for Sand Over Ceramics

Carbo Ceramics Inc.’s share price was slammed on Monday after management said operators were using cheaper alternatives — sand — in completing onshore wells, which in turn was hurting the bottom line for its higher priced ceramic proppants.

September 22, 2014