U.S. Silica (SLCA) Announces Price Increases on Industrial and Specialty Products

March 30, 2021 4:02 PM EDT

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U.S. Silica Holdings, Inc. (NYSE: SLCA) said today that its Industrial and Specialty Products segment will increase prices for its noncontracted diatomaceous earth, perlite, cellulose, silica and clay products used primarily in filtration, paints, coatings, elastomers, chemicals, glass, building products and other applications.

The price increases, effective for shipments starting on May 1, 2021, will range up to 15 percent depending on the product and grade.

These increases are driven by ongoing and significant inflationary pressures from raw materials, packaging, logistics and maintenance expenses.

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