Fairmount reports $46m loss in Q3 as frac sand demand deteriorates further

By KASIA PATEL

With fracking activity showing no sign of rebounding, demand and prices for frac sand and resin-coated proppants deteriorated further over the quarter. However, Fairmount believes that as supply continues to consolidate the company has managed to retain market share

http://www.indmin.com/Article/3506010/Fairmount-reports-46m-loss-in-Q3-as-frac-sand-demand-deteriorates-further.html