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Ceramics: Carbo Ceramics
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CARBO Ceramics Inc. is the world's largest producer and supplier of ceramic proppants for use in the hydraulic fracturing of natural gas and oil wells. Demand for ceramic proppants depends primarily upon the demand for natural gas and oil and on the number of natural gas and oil wells drilled, completed or recompleted worldwide. More specifically, the demand for ceramic proppants is dependent on the number of oil and gas wells that are hydraulically fractured to stimulate production.
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CARBO Ceramics is the world's leading manufacturer of ceramic proppants and supplier of fracture diagnostic services for use in the hydraulic fracturing of natural gas and oil wells. CARBO Ceramics' mission is to improve production and recovery rates in oil and natural gas reservoirs by focusing on the hydraulic fracturing process and reservoir optimization. The company achieves this mission by being the leading global provider of high quality proppant, fracture diagnostic services, and fracture design software to operators of oil and natural gas wells and oilfield services companies.
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IRVING, Texas, Sept. 4 PRNewswire-FirstCall — CARBO Ceramics Inc. (NYSE: CRR) announced that it will host activities to recognize the grand opening of its new proppant production facility in Kopeysk, Russia. The plant has recently completed the start-up process and should reach full design capacity of 100 million pounds per year in the near future. It will produce CARBO's intermediate strength and lightweight proppants: CARBOProp(R) and CARBOLite(R). Marketing of CARBO products and services in Russia are coordinated through the company's sales office in Moscow.
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IRVING, Texas, Feb 01, 2008 /PRNewswire-FirstCall via COMTEX/ -- CARBO Ceramics Inc. (CRR, Trade) hosted Open House activities to mark the Grand Opening of its trans loading facility located in Alice, Texas. The $2.7 million product storage and loading facility is located close to South Texas customers' areas of activity, to provide timely delivery of a broad range of CARBO's ceramic proppant products.
CARBO Ceramics Inc. is the world's leading manufacturer of ceramic proppants for use in the hydraulic fracturing of natural gas and oil wells and the leading supplier of fracture and reservoir diagnostic services. Company information can be accessed on the Internet at the company's Web site.
CARBO Ceramics, Inc. engages in the manufacture and supply of ceramic proppants used in hydraulic fracturing of natural gas and oil wells. The company operates through two segments, Proppant, and Fracture and Reservoir Diagnostics.
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