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US Silica Holdings, Inc.

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US Silica Holdings, Inc. - Chemicals & Materials showcase

Year Founded & Workforce

1894

2,013 Employees

Industry

Chemicals & Materials

Services

Fine Ground Silica SandGround Silica SandWhole Grain Silica Sand
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US Silica Holdings, Inc. Overview

Company Headquarters: Texas, United States

Founded: 1894

Workforce: ~2,013

Company Working: US Silica Holdings, Inc. (US Silica) is a global leader in industrial minerals and logistics, with core experience in mining, processing, logistics, and material science that enables to development and transport of over 1,500 varied products to clients throughout end markets at a low cost. It is the leading proppant and last-mile logistics provider to the US shale sector as well as high-value minerals and specialty goods used in a variety of industrial applications. The company operates in two business segments: oil & gas proppants and industrial & specialty products segment. US Silica offers ground silica, fine ground silica, and whole-grain silica in the silica business segment. In 2022, the company mined 20,094 tons of silica sand for various applications. It has 16 silica sand mines across the United States. The U.S. Silica quality team collaborates with R&D teams and factories to continuously test incoming sand, ores, and finished products to assure that the products supplied to thousands of consumers around the world are always of the highest quality. The company’s diatomaceous earth (DE), perlite, clay, and sand factories are ISO 9001:2015 Quality Management System Standard certified. It has four corporate offices, nine oil & gas proppants production plants, and 15 industrial & specialty products plants in the United States. It leverages skilled in-house international logistics operations and a diverse network of partners to enable efficient and cost-effective exports to over 100 countries.

Strategy

U.S. Silica Holdings, Inc. strives to constantly provide the highest-quality products in the industrial minerals market. By constantly developing quality systems and processes, it creates value for the customers as quality is an essential component of the company to maintain its strong presence in the market. The company is committed to sustained growth and improving customer satisfaction while remaining socially responsible. The company continues to strategically position the supply chain to meet the demands of clients, whether at a plant, a transload, or the wellhead. With its network of frac sand production facilities, truck access to barge and Class I rail, and strategically placed transloads, the Oil & Gas Proppants division can supply every significant U.S. shale area. SandBox Logistics service ("SandBox") extends delivery capabilities directly to customers' wellhead locations, resulting in a lower-cost logistics solution. Because of this advantage, it has great customer retention in this market, with top five Industrial & Specialty Products category clients purchasing from the company for an average of more than 50 years.

Company Snapshot

$124,722M

Revenue

2,013

Employees

1894

Founded

Texas, United States

Headquarters

SWOT Analysis

Strengths

  • Strong product portfolio
  • Strong reputation with customers
  • Large-scale producer with a diverse and high-quality reserve base

Weaknesses

  • Dependency on industrial materials operations that are subject to the cyclical nature of customers’ businesses

Opportunities

  • Geographically advantaged footprint with intrinsic transportation advantages
  • Low-cost operating structure
  • Maintain financial strength and flexibility

Threats

  • Strict state and local government regulation relating to mining
  • Costs of Compliance

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Key Developments

DateApproachDevelopment
January 2019AnnouncementU.S. Silica Holdings, Inc. has acquired a former ceramic proppant factory in Millen, GA, which will be turned into a high-end product manufacturing facility for the Company's Industrial and Specialties Products (ISP) division. The Millen facility will help to increase capacity to fulfill growing customer demand for ISPs. This new feature will help industrial customers by accelerating new product launches, improving product quality, and facilitating key product customizations.

Product Offering

  • US Silica Holdings, Inc.
    • Fine Ground Silica Sand
    • Ground Silica Sand
    • Whole Grain Silica Sand

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: SBU breakup-0 rose from USD 124,722 Mn in 2020 to USD 163,516 Mn in 2022.
US Silica Holdings, Inc. — By Business Segment
Series (USD Mn)202020212022
SBU breakup-0124,722150,031163,516

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