You have accessed this news story:
OFS - Covia enters bankruptcy with rival Hi-Crush likely to follow - July 2020
Covia filed for Chapter 11 bankruptcy reorganization on June 29, the latest of several dark days for the depressed proppant sector. Hi-Crush Inc., an early mover into mining West Texas for frac sand, expects to enter bankruptcy after defaulting on its asset-based loan facility. Another frac sand provider, Vista Proppants and Logistics, entered Chapter 11 in early June (PG.9). Covia, which is based in Independence, Ohio, said it has reached a prepackaged deal that......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
|
PLS Web Client?
Log in to proceed | Sign up for PLS Reports & Web Access! Already subscribed to Reports? Sign up for Web Access! |
