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