KATY,
Texas, March 15, 2022 /PRNewswire/ -- U.S.
Silica Holdings, Inc. (NYSE: SLCA) today released its
Sustainability Report, summarizing the company's global
sustainability activities, performance, and results from calendar
year 2021. The revised report includes enhanced disclosures for
Environmental, Governance, and Social categories in alignment with
the Sustainability Accounting Standards Board (SASB) recommended
disclosure topics for the Metals & Mining and Construction
Materials industry standards. This report provides insight into how
U.S. Silica manages its operations to make positive impacts both
internally, through its corporate culture, and externally, in
partnership with its customers and the communities in which it
operates.
With this report, U.S. Silica has also revised its approach to
monitoring emissions in a way that follows the Greenhouse Gas
Protocol and is in the process of establishing baseline values for
future reduction goals.
2021 Key Highlights
- Expanded the diversity of its Board of Directors with the
appointment of Sandra Rogers
- Achieved the safest year in Company history with a 13%
improvement in its Total Recordable Incident Rate and a 6%
improvement in its Lost Time Incident Rate year-over-year
- 12% of the Industrial and Specialty Products segment revenues
were generated from our offerings that go into sustainable end uses
with environmental benefits to society
- The Company increased supplier diversity to nearly 10% of total
annual spend in 2021
- Recycled over 35 billion gallons of water
Bryan Shinn, Chief Executive
Officer stated, "I am extremely proud of my colleagues for their
dedication and commitment to living our core values by practicing
safe production and environmentally conscious and sustainable
business practices. They consistently demonstrated their
determination and ingenuity and contributed to many successes
during the robust operating year.
"Looking forward, we have established a number of sustainability
related targets for the next five years and continue to collect
baseline values for future reduction goals. We remain focused on
building a more diverse workforce, protecting air and water
quality, and growing our portfolio of products that support
environmentally important value chains."
About U.S. Silica
U.S. Silica Holdings, Inc. is a global performance materials
company and is a member of the Russell 2000. The Company is a
leading producer of commercial silica used in the oil and gas
industry and in a wide range of industrial applications. Over
its 122-year history, U.S. Silica has developed core competencies
in mining, processing, logistics and materials science that enable
it to produce and cost-effectively deliver over 600 diversified
products to customers across our end markets. U.S. Silica's
wholly-owned subsidiaries include EP Minerals and SandBox
Logistics™. EP Minerals is an industry leader in the
production of products derived from diatomaceous earth, perlite,
engineered clays, and non-activated clays. SandBox Logistics™ is a
state-of-the-art leader in proppant storage, handling and well-site
delivery, dedicated to making proppant logistics cleaner, safer and
more efficient. The Company currently operates 24 mines and
production facilities and is headquartered in Katy, Texas.
Forward-looking Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended (the "Exchange Act") and Section 27A of the Securities
Act of 1933, as amended. All statements other than statements of
historical fact are forward-looking statements, including
information related to sustainability goals and commitments,
targets and timelines for achievement and environmental impact
reduction goals. Forward-looking statements give our current
expectations and projections relating to our financial condition,
results of operations, plans, objectives, future performance and
business. These statements may include words such as "anticipate,"
"estimate," "expect," "project," "plan," "intend," "believe,"
"may," "will," "should," "could," "can have," "likely" and other
words and terms of similar meaning. All forward-looking statements
are subject to risks and uncertainties that may cause actual
results to differ materially from those that we expect. These risks
and uncertainties include, but are not limited to, those described
in Part I, "Item 1A. Risk Factors" and elsewhere in our latest
Annual Report on Form 10-K and those described from time to time in
our future reports filed with the Securities and Exchange
Commission (the "SEC"). The forward-looking statements included
herein are made only as of the date hereof. We disclaim any
intention or obligation to update publicly or revise such
statements, whether as a result of new information, future events
or otherwise. All written and oral forward-looking statements
attributable to us, or persons acting on our behalf, are expressly
qualified in their entirety by these cautionary statements as well
as other cautionary statements that are made from time to time in
our other filings with the SEC, and our other public
communications.
U.S. Silica Holdings, Inc.
Investor
Contact
Patricia Gil
Vice President, Investor Relations
281-505-6011
gil@ussilica.com
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SOURCE U.S. Silica Holdings, Inc.