KATY,
Texas, May 15, 2023 /PRNewswire/ -- U.S. Silica
Holdings, Inc. (NYSE: SLCA) today announced the launch of
EverWhite® Pigment, a newly engineered high-white
pigment for coatings, building products, and other applications.
This highly specialized product can be used to partially replace or
compliment other inorganic white pigments like titanium dioxide
(TiO2) and aluminum trihydrate (ATH).
EverWhite® Pigment's advantages include its hardness
and durability, which mirror the functionality of high performing
pigments like TiO2, its premium bright-white and
consistent color formulations, and that it is domestically sourced.
Customer applications include quartz countertops, cementitious
products, fillers for plastics, coating formulations, and numerous
building products.
"Customers have been able to reduce the amount of
TiO2 they're using by up to 50%, which has resulted in
significant cost savings," said Zach
Carusona, Executive Vice President and President, Industrial
& Specialty Products at U.S. Silica. "Our EverWhite®
Pigment disperses more easily, the bright-white color
maintains its quality, and the flexibility in opacity helps with
the depth effect of products."
"We think our EverWhite® Pigment provides customers
with an exceptional alternative to other inorganic white pigments.
As a domestically sourced product, it offers more reliable access
and meaningful cost savings," said Bryan
Shinn, Chief Executive Officer at U.S. Silica. "This is
another example of U.S. Silica's commitment to innovation, our
customer-focused approach, and our desire to deliver value across
the markets we serve."
About U.S. Silica
U.S. Silica Holdings Inc. is a global performance materials
company and is a member of the Russell 2000. The company is a
leading producer of commercial silica used in the oil and gas
industry and in a wide range of industrial applications. Over its
123-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 more than
600 diversified products to customers across our end
markets.
U.S. Silica's wholly-owned subsidiaries include EP
Minerals and SandBox Logistics™. EP Minerals is an
industry leader in the production of products derived from
diatomaceous earth, perlite, engineered clays and non-activated
clays. SandBox Logistics™ is a state-of-the-art leader in proppant
storage, handling and well-site delivery, and is dedicated to
making proppant logistics cleaner, safer and more efficient. The
company has 27 operating mines and processing facilities and two
additional exploration stage properties across the United
States and is headquartered in Katy, Texas.
Forward-looking
Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended (the "Exchange Act") and Section 27A of the Securities
Act of 1933, as amended. All statements other than statements of
historical fact are forward-looking statements. Forward-looking
statements give our current expectations and projections relating
to our financial condition, results of operations, plans,
objectives, future performance and business. These statements may
include words such as "anticipate," "estimate," "expect,"
"project," "plan," "intend," "believe," "may," "will," "should,"
"could," "can have," "likely" and other words and terms of similar
meaning. All forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially
from those that we expect. These risks and uncertainties include,
but are not limited to, those described in Part I, "Item 1A. Risk
Factors" and elsewhere in our latest Annual Report on Form 10-K and
those described from time to time in our future reports filed with
the Securities and Exchange Commission (the "SEC"). The
forward-looking statements included herein are made only as of the
date hereof. We disclaim any intention or obligation to update
publicly or revise such statements, whether as a result of new
information, future events or otherwise. All written and oral
forward-looking statements attributable to us, or persons acting on
our behalf, are expressly qualified in their entirety by these
cautionary statements as well as other cautionary statements that
are made from time to time in our other filings with the SEC,
and our other public communications.
U.S. Silica Holdings,
Inc.
Investor Contact:
Patricia
Gil
Vice President, Investor Relations & Sustainability
281-505-6011
gil@ussilica.com
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SOURCE U.S. Silica Holdings, Inc.