HOUSTON (Bloomberg) -- Carbo Ceramics Inc., the largest supplier of man-made proppants for the oil and natural gas industry, said sales of its synthetic fracing material fell as customers used more sand. Third-quarter sales of ceramic proppant will fall 18% from the prior quarter, matching first-quarter levels, the Houston-based company said in a statement Sept. 22. The company reported sales of 454 million pounds in the second quarter.
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Proppant volume fell as customers used more sand, Carbo says
![Proppant volume fell as customers used more sand, Carbo says]()
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