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Fairmount Santrol

Full company profile

uuid002ol81

Namestring
Fairmount Santrol
Legal namestring
Covia Holdings LLC
Company typeenum
Private
Founded yearint
1978
Descriptiontext

Fairmount Santrol, originally founded in 1978 and now operating as Covia Holdings LLC following its merger with Unimin, is a U.S.-headquartered industrial minerals company that produces and supplies a broad portfolio of mineral-based inputs and finished specialty products. The combined entity is headquartered in Independence, Ohio, and is privately held following its delisting from the NYSE (former ticker: FMSA); it employs between 5,001 and 10,000 people. Its core mineral offering spans silica sand, ball clay, calcium carbonate, cristobalite, kaolin, nepheline syenite, resin-coated sand, and sodium feldspar, complemented by a set of proprietary branded products — GLASSIL®, MINEX® ST, ACCEL®, AQUAQUARTZ®, and HIFILL® N — that address specific application requirements in flat glass, coatings, swimming pool/landscape, and plastics end uses.

The company serves industrial customers across at least ten vertical markets: building products and construction materials, ceramics, coatings, custom toll blending, engineered stone, glass, metals and foundry, polymers, sports and recreation, and water and environmental applications. Revenue mechanics are anchored in direct B2B sales of mineral inputs to manufacturers and construction professionals, with product differentiation driven by chemistry (e.g., surface-treated calcium carbonate that cross-links into epoxy/PU systems), polymer formulation (e.g., ACCEL's dust-suppression technology), and consistent mineral purity (e.g., GLASSIL's stable-chemistry glass sand). Distribution runs through an internal customer service organization and dedicated phone/email channels, with a wholly-owned Canadian subsidiary (Covia Canada) supporting cross-border sales into North America. Pricing is not publicly disclosed. The company maintains a 2025 Corporate Responsibility Report, an active trade show presence (e.g., SSCT Annual Meeting 2026), and a content/insights marketing program across LinkedIn and Facebook.

Ownership composition, investor backing, founder involvement, and board structure are not disclosed in the source materials, and no financial statements, funding history, or revenue figures are publicly referenced. The combined entity appears focused on stabilizing and expanding an integrated mineral platform rather than disclosing growth-stage financial metrics.

Short descriptiontext

Fairmount Santrol, now operating as Covia Holdings LLC, is a U.S. industrial minerals company producing silica sand, ball clay, calcium carbonate, kaolin, nepheline syenite, and other mineral inputs, plus proprietary branded specialty products serving glass, coatings, construction, polymers, and water-treatment customers across North America.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersChesterland, United States
HQ citystring
Chesterland
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial minerals, silica sand, resin coated sand, construction materials, mineral processing
Industry4 codes
1Industrial Sand (Silica Sand for Foundry, Glass & Industrial Uses)
CodeIMAKAHAKPrimaryYes
2Silica & Quartz Mining (Industrial Silica Sand, High-Purity Quartz)
CodeIMAKAGAKPrimaryNo
3Feldspar & Nepheline Syenite
CodeIMAEAFAMPrimaryNo
4Feldspar & Nepheline Syenite Mining
CodeIMAKAGAIPrimaryNo
NAICS code3 codes
  • Industrial Sand Mining212322
  • Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying21232
  • Kaolin, Clay, and Ceramic and Refractory Minerals Mining212323
SIC code1 code
  • Abrasive, Asbestos & Misc Nonmetallic Mineral Prods3290
Product category
Industrial Minerals
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 5 records shown
1GLASSIL
Description

High-purity glass sand for flat glass production

coviacorp.com
+4 more records
Core offering1 text field

Fairmount Santrol (now operating as Covia Holdings LLC following its merger with Unimin) is a leading provider of sand-based and industrial mineral products serving the oil and gas, industrial, and recreation markets. The company mines, processes, and sells a portfolio including silica sand, ball clay, calcium carbonate, cristobalite, kaolin, nepheline syenite, resin-coated sand, and sodium feldspar, along with proprietary branded functional products such as GLASSIL®, MINEX® ST, ACCEL®, AQUAQUARTZ®, and HIFILL® N.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Covia (formerly Fairmount Santrol) is an industrial minerals company offering a portfolio of mineral products and solutions. The product lineup includes branded functional mineral products such as GLASSIL® High-Purity Glass Sand, MINEX® ST Surface-Treated Functional Filler, ACCEL® Dust-Preventing Polymeric Sand, AQUAQUARTZ® Pool Filter Sand, and HIFILL® N Functional Mineral. These branded products are complemented by a range of core mineral offerings including Ball Clay, Calcium Carbonate, Cristobalite, Kaolin, Nepheline Syenite, Resin-coated Sand, Silica Sand, and Sodium Feldspar. The company serves diverse markets including Building Products & Construction Materials, Ceramics, Coatings, Custom Toll Blending, Engineered Stone, Glass, Metals & Foundry, Polymers, Sports & Recreation, and Water & Environmental.

Product and service14 records
1GLASSIL® High-Purity Glass Sand
CategoryFunctional mineral product
Description

High-purity silica sand with stable chemistry for consistency in glass batch production, used as the main ingredient in flat glass manufacturing.

2MINEX® ST Surface-Treated Functional Filler
CategoryFunctional mineral product
Description

Surface-treated calcium carbonate functional filler that cross-links into epoxy and PU systems to raise solids and improve chemical and weather resistance in floor and industrial coatings.

3ACCEL® Dust-Preventing Polymeric Sand
CategoryFunctional mineral product
Description

Dust-preventing paver sand with a unique polymer formula offering rubber-like flexibility, preventing stress cracks while forming a strong yet flexible bond with paver joints, and includes dust-suppression technology for pool and landscape applications.

4AQUAQUARTZ® Pool Filter Sand
CategoryFunctional mineral product
Description

Premium pool filter sand designed to ensure pristine water by filtering dust, algae, suntan lotion, oil, leaves, and insects, for residential and commercial swimming pools.

5HIFILL® N Functional Mineral
CategoryFunctional mineral product
Description

Nepheline syenite functional mineral offering an optimal balance of physical, optical, and mechanical properties to provide color stability, durability, and UV/scratch and mar resistance for colored plastics and elastomers.

6Silica Sand
CategoryCore industrial mineral
Description

Industrial-grade silica sand used as a raw material input across multiple industries including glass production, foundry, and oil and gas applications.

7Ball Clay
CategoryCore industrial mineral
Description

Ball clay mineral sold for industrial applications such as ceramics and building products.

8Calcium Carbonate
CategoryCore industrial mineral
Description

Calcium carbonate mineral sold for industrial applications including coatings, plastics, and building products.

9Cristobalite
CategoryCore industrial mineral
Description

Cristobalite mineral sold for industrial applications including coatings and engineered stone.

10Kaolin
CategoryCore industrial mineral
Description

Kaolin mineral sold for industrial applications including paper, ceramics, and coatings.

11Nepheline Syenite
CategoryCore industrial mineral
Description

Nepheline syenite mineral sold for industrial applications including glass, ceramics, and polymers.

12Resin-coated Sand
CategoryCore industrial mineral
Description

Resin-coated sand sold primarily for oil and gas fracking and foundry applications.

13Sodium Feldspar
CategoryCore industrial mineral
Description

Sodium feldspar mineral sold for industrial applications including glass and ceramics.

14Custom Toll Blending Services
CategoryMineral processing service
Description

Custom mineral processing and blending services for customers with specific formulation requirements, offered alongside the core mineral portfolio.

Recent move1 record

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Smart Sand is a frac sand producer with Northern White silica reserves, competing directly with Covia's oil & gas segment while also serving industrial customers in foundry and glass.

TypeBroad incumbent
Description

Vulcan Materials is the largest U.S. producer of construction aggregates including sand and gravel, providing overlap with Covia's construction materials segment at a vastly larger scale.

TypeDirect peer
Description

U.S. Silica is a direct peer in industrial and frac silica sand, offering overlapping product lines across oil & gas, glass, building products, and foundry end markets with similar mining and processing infrastructure.

TypeBroad incumbent
Description

Imerys is a global industrial minerals leader with a portfolio spanning performance minerals, including nepheline syenite, kaolin, calcium carbonate, and ball clay—direct overlap with Covia's mineral categories though at a much larger, more diversified scale.

TypeBroad incumbent
Description

Sibelco is a global industrial minerals miner producing silica, feldspar, nepheline syenite, and ball clay for glass, ceramics, and construction, making it a broad incumbent peer in many of Covia's core mineral categories.

TypeRegional player
Description

Source Energy Services is a Canadian frac sand producer and last-mile logistics provider, comparable to Covia Canada operations and competing in the Western Canadian Sedimentary Basin.

TypeBroad incumbent
Description

Omya is a global producer of calcium carbonate and specialty mineral fillers for coatings, plastics, and construction, directly competing with MINEX® ST and calcium carbonate offerings in Covia's portfolio.

TypeEmerging player
Description

Martin Marietta primarily produces aggregates but also supplies specialty sand products and has expanded into higher-value mineral solutions, representing an emerging overlap with Covia's building products and industrial minerals categories.

TypeBroad incumbent
Description

Mineral Technologies processes and supplies performance minerals including calcium carbonate, bentonite, and specialty mineral products for industrial, consumer, and environmental applications, overlapping with Covia's functional filler business.

TypeDirect peer
Description

Atlas Energy Solutions is a direct peer in frac sand and oilfield logistics, with overlapping in-basin sand production that competes with the energy-market portion of Covia's portfolio.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment11 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Fairmount Santrol

Industrial Mineralsfairmountsantrol.com

Fairmount Santrol, now operating as Covia Holdings LLC, is a U.S. industrial minerals company producing silica sand, ball clay, calcium carbonate, kaolin, nepheline syenite, and other mineral inputs, plus proprietary branded specialty products serving glass, coatings, construction, polymers, and water-treatment customers across North America.

What Fairmount Santrol does

Fairmount Santrol, originally founded in 1978 and now operating as Covia Holdings LLC following its merger with Unimin, is a U.S.-headquartered industrial minerals company that produces and supplies a broad portfolio of mineral-based inputs and finished specialty products. The combined entity is headquartered in Independence, Ohio, and is privately held following its delisting from the NYSE (former ticker: FMSA); it employs between 5,001 and 10,000 people. Its core mineral offering spans silica sand, ball clay, calcium carbonate, cristobalite, kaolin, nepheline syenite, resin-coated sand, and sodium feldspar, complemented by a set of proprietary branded products — GLASSIL®, MINEX® ST, ACCEL®, AQUAQUARTZ®, and HIFILL® N — that address specific application requirements in flat glass, coatings, swimming pool/landscape, and plastics end uses.

The company serves industrial customers across at least ten vertical markets: building products and construction materials, ceramics, coatings, custom toll blending, engineered stone, glass, metals and foundry, polymers, sports and recreation, and water and environmental applications. Revenue mechanics are anchored in direct B2B sales of mineral inputs to manufacturers and construction professionals, with product differentiation driven by chemistry (e.g., surface-treated calcium carbonate that cross-links into epoxy/PU systems), polymer formulation (e.g., ACCEL's dust-suppression technology), and consistent mineral purity (e.g., GLASSIL's stable-chemistry glass sand). Distribution runs through an internal customer service organization and dedicated phone/email channels, with a wholly-owned Canadian subsidiary (Covia Canada) supporting cross-border sales into North America. Pricing is not publicly disclosed. The company maintains a 2025 Corporate Responsibility Report, an active trade show presence (e.g., SSCT Annual Meeting 2026), and a content/insights marketing program across LinkedIn and Facebook.

Ownership composition, investor backing, founder involvement, and board structure are not disclosed in the source materials, and no financial statements, funding history, or revenue figures are publicly referenced. The combined entity appears focused on stabilizing and expanding an integrated mineral platform rather than disclosing growth-stage financial metrics.

Fairmount Santrol firmographics

Firmographics
Name
Fairmount Santrol
Legal name
Covia Holdings LLC
Website
https://fairmountsantrol.com
Company type
Private
Founded year
1978
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Fairmount Santrol, now operating as Covia Holdings LLC, is a U.S. industrial minerals company producing silica sand, ball clay, calcium carbonate, kaolin, nepheline syenite, and other mineral inputs, plus proprietary branded specialty products serving glass, coatings, construction, polymers, and water-treatment customers across North America.
Ownership category
akta.pro rank

Fairmount Santrol industry classification

Industry
Product category
Industrial Minerals
NAICS
Industrial Sand Mining (212322), Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying (21232), Kaolin, Clay, and Ceramic and Refractory Minerals Mining (212323)
SIC
Abrasive, Asbestos & Misc Nonmetallic Mineral Prods (3290)
akta.pro primary industry
Industrial Sand (Silica Sand for Foundry, Glass & Industrial Uses) (IMAKAHAK)
akta.pro secondary industries
Silica & Quartz Mining (Industrial Silica Sand, High-Purity Quartz) (IMAKAGAK), Feldspar & Nepheline Syenite (IMAEAFAM), Feldspar & Nepheline Syenite Mining (IMAKAGAI)

Keywords

  • Industrial minerals
  • Silica sand
  • Resin coated sand
  • Construction materials
  • Mineral processing

Where Fairmount Santrol is headquartered

Location

Headquarters

HQ city
Chesterland
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Fairmount Santrol business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Distribution channels2 records

Marketing channels4 records

Fairmount Santrol product offering

Product offering

Core offering

Fairmount Santrol (now operating as Covia Holdings LLC following its merger with Unimin) is a leading provider of sand-based and industrial mineral products serving the oil and gas, industrial, and recreation markets. The company mines, processes, and sells a portfolio including silica sand, ball clay, calcium carbonate, cristobalite, kaolin, nepheline syenite, resin-coated sand, and sodium feldspar, along with proprietary branded functional products such as GLASSIL®, MINEX® ST, ACCEL®, AQUAQUARTZ®, and HIFILL® N.

Product overview

Covia (formerly Fairmount Santrol) is an industrial minerals company offering a portfolio of mineral products and solutions. The product lineup includes branded functional mineral products such as GLASSIL® High-Purity Glass Sand, MINEX® ST Surface-Treated Functional Filler, ACCEL® Dust-Preventing Polymeric Sand, AQUAQUARTZ® Pool Filter Sand, and HIFILL® N Functional Mineral. These branded products are complemented by a range of core mineral offerings including Ball Clay, Calcium Carbonate, Cristobalite, Kaolin, Nepheline Syenite, Resin-coated Sand, Silica Sand, and Sodium Feldspar. The company serves diverse markets including Building Products & Construction Materials, Ceramics, Coatings, Custom Toll Blending, Engineered Stone, Glass, Metals & Foundry, Polymers, Sports & Recreation, and Water & Environmental.

Differentiator

Problem solved

Functional benefit

Brands

  • GLASSIL: High-purity glass sand for flat glass production
  • MINEX
  • ACCEL
  • AQUAQUARTZ
  • HIFILL

Products and services

  • GLASSIL® High-Purity Glass Sand High-purity silica sand with stable chemistry for consistency in glass batch production, used as the main ingredient in flat glass manufacturing.
  • MINEX® ST Surface-Treated Functional Filler Surface-treated calcium carbonate functional filler that cross-links into epoxy and PU systems to raise solids and improve chemical and weather resistance in floor and industrial coatings.
  • ACCEL® Dust-Preventing Polymeric Sand Dust-preventing paver sand with a unique polymer formula offering rubber-like flexibility, preventing stress cracks while forming a strong yet flexible bond with paver joints, and includes dust-suppression technology for pool and landscape applications.
  • AQUAQUARTZ® Pool Filter Sand Premium pool filter sand designed to ensure pristine water by filtering dust, algae, suntan lotion, oil, leaves, and insects, for residential and commercial swimming pools.
  • HIFILL® N Functional Mineral Nepheline syenite functional mineral offering an optimal balance of physical, optical, and mechanical properties to provide color stability, durability, and UV/scratch and mar resistance for colored plastics and elastomers.
  • Silica Sand Industrial-grade silica sand used as a raw material input across multiple industries including glass production, foundry, and oil and gas applications.
  • Ball Clay Ball clay mineral sold for industrial applications such as ceramics and building products.
  • Calcium Carbonate Calcium carbonate mineral sold for industrial applications including coatings, plastics, and building products.
  • Cristobalite Cristobalite mineral sold for industrial applications including coatings and engineered stone.
  • Kaolin Kaolin mineral sold for industrial applications including paper, ceramics, and coatings.
  • Nepheline Syenite Nepheline syenite mineral sold for industrial applications including glass, ceramics, and polymers.
  • Resin-coated Sand Resin-coated sand sold primarily for oil and gas fracking and foundry applications.
  • Sodium Feldspar Sodium feldspar mineral sold for industrial applications including glass and ceramics.
  • Custom Toll Blending Services Custom mineral processing and blending services for customers with specific formulation requirements, offered alongside the core mineral portfolio.

Companies that use Fairmount Santrol

Customer profile

Segments11 records

Ideal customer profiles6 records

Fairmount Santrol technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Fairmount Santrol partnerships and signals

Strategic signal

Recent moves1 record

Expansion highlights5 records

Fairmount Santrol competitors and assessment

Company assessment

Direct peers

  • Smart Sand: Smart Sand is a frac sand producer with Northern White silica reserves, competing directly with Covia's oil & gas segment while also serving industrial customers in foundry and glass.
  • U.S. Silica Holdings: U.S. Silica is a direct peer in industrial and frac silica sand, offering overlapping product lines across oil & gas, glass, building products, and foundry end markets with similar mining and processing infrastructure.
  • Atlas Energy Solutions (formerly Hi-Crush): Atlas Energy Solutions is a direct peer in frac sand and oilfield logistics, with overlapping in-basin sand production that competes with the energy-market portion of Covia's portfolio.

Broad incumbents

  • Vulcan Materials Company: Vulcan Materials is the largest U.S. producer of construction aggregates including sand and gravel, providing overlap with Covia's construction materials segment at a vastly larger scale.
  • Imerys: Imerys is a global industrial minerals leader with a portfolio spanning performance minerals, including nepheline syenite, kaolin, calcium carbonate, and ball clay—direct overlap with Covia's mineral categories though at a much larger, more diversified scale.
  • SCR-Sibelco: Sibelco is a global industrial minerals miner producing silica, feldspar, nepheline syenite, and ball clay for glass, ceramics, and construction, making it a broad incumbent peer in many of Covia's core mineral categories.
  • Omya: Omya is a global producer of calcium carbonate and specialty mineral fillers for coatings, plastics, and construction, directly competing with MINEX® ST and calcium carbonate offerings in Covia's portfolio.
  • Mineral Technologies Inc. Mineral Technologies processes and supplies performance minerals including calcium carbonate, bentonite, and specialty mineral products for industrial, consumer, and environmental applications, overlapping with Covia's functional filler business.

Regional players

  • Source Energy Services: Source Energy Services is a Canadian frac sand producer and last-mile logistics provider, comparable to Covia Canada operations and competing in the Western Canadian Sedimentary Basin.

Emerging players

  • Martin Marietta Materials: Martin Marietta primarily produces aggregates but also supplies specialty sand products and has expanded into higher-value mineral solutions, representing an emerging overlap with Covia's building products and industrial minerals categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Fairmount Santrol social profiles

Digital presence

Fairmount Santrol financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Fairmount Santrol leadership team

Management profile

Number of profiles

Fairmount Santrol subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Fairmount Santrol funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Fairmount Santrol M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fairmount Santrol

What does Fairmount Santrol do?

Fairmount Santrol (now operating as Covia Holdings LLC following its merger with Unimin) is a leading provider of sand-based and industrial mineral products serving the oil and gas, industrial, and recreation markets. The company mines, processes, and sells a portfolio including silica sand, ball clay, calcium carbonate, cristobalite, kaolin, nepheline syenite, resin-coated sand, and sodium feldspar, along with proprietary branded functional products such as GLASSIL®, MINEX® ST, ACCEL®, AQUAQUARTZ®, and HIFILL® N.

Is Fairmount Santrol a public or private company?

Fairmount Santrol is a private company. It is classified as unknown and is currently operating.

When was Fairmount Santrol founded?

Fairmount Santrol was founded in 1978. It employs 5,001 to 10,000 people.

Where is Fairmount Santrol based?

Fairmount Santrol is headquartered in Chesterland, United States, in the North America region.

Who are Fairmount Santrol's main competitors?

Direct peers on record are Smart Sand, U.S. Silica Holdings and Atlas Energy Solutions (formerly Hi-Crush). Broad incumbents are Vulcan Materials Company, Imerys, SCR-Sibelco, Omya and Mineral Technologies Inc.. Source Energy Services is listed as a regional player. Martin Marietta Materials is listed as an emerging player.

Does Fairmount Santrol have an API?

No public API is recorded for Fairmount Santrol.

What industry is Fairmount Santrol in?

Fairmount Santrol's product category is Industrial Minerals. Its primary akta.pro industry code is IMAKAHAK, Industrial Sand (Silica Sand for Foundry, Glass & Industrial Uses), with a secondary code of IMAKAGAK, Silica & Quartz Mining (Industrial Silica Sand, High-Purity Quartz). Its NAICS code is 212322 and its SIC code is 3290.

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Live signals
PR NewswireGlobal Silica Sand Market Report 2023: Increasing Infrastructural Projects Drives GrowthResearchAndMarkets has added a new market report detailing the global silica sand industry, forecasting a 6.9% CAGR growth from 2023 to 2030 driven by infrastructural projects and automotive production. The report provides a competitive landscape analysis including key players such as SCR-Sibelco N.V., US Silica, and Fairmount Santrol. It segments the market by application, mesh size, grade, and region to offer insights for industry stakeholders.PR NewswireCovia Fair Fund Distribution Agent Announces Notice of Distribution PlanThe SEC settled cease-and-desist proceedings against Covia Holdings Corp. and Fairmount Santrol Holdings Inc. in December 2020 for misleading investors from 2014 to 2018 about the performance of sand-based proppant products used in oil and gas fracking operations. The respondents were ordered to pay a $17 million civil penalty, satisfied by a $1 million cash payment, which has been placed in a Fair Fund for distribution to investors who held Covia common stock on March 22, 2019. Eligible shareholders must submit proof of claim forms by July 12, 2022 to receive compensation.PR NewswireCovia Stock: Berger Montague Investigates Alleged Securities Fraud Claims Against Covia Holdings Corporation (OTC: CVIAQ; NYSE: CVIA), f/k/a Fairmount Santrol Holdings, Inc. (NYSE: FMSA); Lead PlaintiBerger Montague announced it is investigating potential securities fraud claims against Covia Holdings Corporation (formerly Fairmount Santrol Holdings) on behalf of investors who purchased the company's securities between March 15, 2016 and June 29, 2020. The lawsuit alleges the company deceived investors about the effectiveness of its value-added proppants used in fracking, with the SEC issuing a subpoena in March 2019 and a Wells Notice in August 2020, while the NYSE delisted Covia on June 30, 2020 after it filed for Chapter 11 bankruptcy protection. Investors who purchased the securities may seek court appointment as lead plaintiff by the February 8, 2021 deadline to represent other injured investors in the class action.PR NewswireCovia Stock: Berger Montague Investigates Alleged Securities Fraud Claims Against Covia Holdings Corporation (OTC: CVIAQ; NYSE: CVIA), f/k/a Fairmount Santrol Holdings, Inc. (NYSE: FMSA); Lead PlaintiBerger Montague is investigating potential securities fraud claims against Covia Holdings Corporation, formerly Fairmount Santrol, alleging the company misled investors about the efficacy of its proppants used in fracking. The investigation follows a series of negative developments including an SEC subpoena, subsequent stock price declines, and the company's eventual delisting from the NYSE after filing for Chapter 11 bankruptcy. Investors who purchased securities during the class period are being encouraged to contact the firm regarding their rights.PR NewswireROSEN, RESPECTED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc.; Encourages Investors with Losses in Excess of $1Rosen Law Firm announced it is investigating potential securities fraud claims against Covia Holdings Corporation (formerly Fairmount Santrol Holdings Inc.) on behalf of shareholders who suffered losses. The investigation was triggered by SEC subpoenas issued in March 2019 seeking information about value-added proppants marketed by the company's Energy segment, followed by additional subpoenas in November 2019 requesting testimony from current and former employees. Following the May 2019 disclosure, the company's shares dropped over 7% from $3.76 to $3.47, and they dropped over 4% on November 6, 2019 after the second revelation.GlobeNewswireBest Sand™ and UNIPAR® Fill Bunkers at 44 Top-Ranked CoursesCovia, formed by Fairmount Santrol and Unimin's merger, now sources Best Sand and UNIPAR bunker sand from one company. Nearly half of top 100 U.S. golf courses use these products, and Covia has 50 plants with over 50 million tons of annual capacity. The company will showcase its golf sand at the Golf Industry Show in San Diego.GlobeNewswireCovia to Commence Trading Following Combination of Unimin and Fairmount SantrolCovia Holdings began trading on the NYSE under the ticker CVIA after completing the merger of Unimin and Fairmount Santrol. Fairmount Santrol stock ceased trading and will be delisted, with shareholders receiving $0.73 cash and 0.2 Covia shares per Fairmount share. The company expects to pay all cash consideration by June 8, 2018.GlobeNewswireUnimin and Fairmount Santrol Receive Final Approvals Necessary to Complete Merger and Create CoviaFairmount Santrol and Unimin received regulatory approvals, including COFECE, to complete their merger, with a special shareholder meeting approving the deal. The combined company, Covia, will trade on the NYSE under 'CVIA' and is expected to close on June 1, 2018, financed by a $1.65 billion term loan and $200 million revolving facility.GlobeNewswireUnimin Corporation and Fairmount Santrol, Upon CompletionFairmount Santrol and Unimin announced that their merger will create Covia Holdings Corporation, trading on the NYSE under 'CVIA'. The combined company will have a 13-member board, with four new independent directors including Chairman Richard Navarre. The merger agreement requires Fairmount Santrol stockholder approval at a special meeting on May 25, 2018.PR NewswireRM LAW Announces Investigation of Fairmount Santrol Holdings Inc.RM LAW, P.C. announced an investigation into possible breaches of fiduciary duty by the board of directors of Fairmount Santrol Holdings Inc. related to the Company's efforts to sell itself to Unimin Corporation. Under the proposed deal terms, Fairmount shareholders would receive $170 million in cash (approximately $0.74 per share) and own 35% of the combined company, with Sibelco owning the remaining 65%. The law firm is soliciting Fairmount shareholders to join potential class action litigation.