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[December 2008]
CARBO Ceramics Announces Reopening of Louisiana Manufacturing Facility
CARBO Ceramics Inc (Irving, TX, USA) has announced that it will resume production of ceramic proppant in its New Iberia, Louisiana manufacturing facility. Production at the plant is expected to begin in December 2008 with first product being available for sale in January 2009.
The facility is expected to add 50 million pounds to the company's current annual manufacturing capacity.
President and CEO Gary Kolstad stated: "As industry leaders, we have again proven our willingness to meet the needs of our clients through increased investment in the ceramic proppant business. Drilling activity in fracture-intensive resource plays has resulted in unprecedented demand for our high-quality ceramic proppant. This plant is strategically located to supply the growing demand for ceramic proppant in the Haynesville Shale formation in northeastern Louisiana and east Texas.
“We expect much of the output of the plant to be directed to that region. The E&P operators' desire to maximise the Economic Conductivity™ of their reservoirs continues to drive our production expansion. We are also moving forward with the construction of a third production line at our Toomsboro, Georgia facility that is expected to add 250 million pounds of annual capacity in early 2010."
CARBO Ceramics is the world's largest supplier of ceramic proppant, the provider of the world's most popular fracture simulation software and a leading provider of fracture design, engineering and consulting services. The company also provides a broad range of technologies for geotechnical monitoring.
ENDS