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The Independence-based supplier of sand and other mineral products to the industrial and energy markets has promoted Andrew Eich to president and CEO, effective Jan. 1. Eich also will join the company's board of managers. Shawn Williams, chairman of the Covia board and acting CEO, will continue in those roles through Dec. 31. He then will become executive chairman of the board.
/PRNewswire/ - Ontario Teachers' Pension Plan Board ("Ontario Teachers'"), today announced an agreement to acquire a majority stake in Vantage Elevator...
Active Minerals Announces Shipping Container Surcharge Port Congestion Challenging All Exporters News provided by Share this article Share this article SPARKS, Md., Jan. 21, 2021 /PRNewswire/ -- Active Minerals International, LLC (AMI) announced today a temporary $300 per container surcharge on all exported product effective February 1, 2021. As a critical move to protect our customers' supply chains, flexible solutions are being implemented that allow containers to meet shorter window times at port and react faster to challenging demands of daily vessel changes. This temporary surcharge rep...
Global Attapulgite Market Growth, Trends, and Forecast Report 2020-2025 - Growing Demand for Attapulgite in Paints & Coatings Segment ResearchAndMarkets.com's offering. The market for Attapulgite is expected to grow at a CAGR of over 6% during the forecast period. Major factors driving the market studied are increasing oil & gas drilling activities all over the globe and rising demand for cat litter adsorbent in developed countries. On the flipside, stringent rules & regulations imposed on mining especially in United States and unfavourable conditions arising due to COVID-19 outbreak are ...
[December 31, 2020] Golden Gate Capital Announces Investment in Covia Golden Gate Capital, a leading private equity investment firm, today announced that it has invested in Covia, which successfully completed its financial restructuring and emerged from Chapter 11 today. Through its restructuring, Covia has reduced its long-term debt by approximately $750 million and its fixed costs, including railcar obligations, by an additional $300 million. Covia is a leading provider of mineral-based material solutions for the industrial and energy markets and is headquartered in Independence, Ohio. Covi...