Momentive purchases proppants manufacturing facility

Momentive Specialty Chemicals Inc.

Momentive Specialty Chemicals Inc. has completed the acquisition of a resin-coated proppants manufacturing facility located in Shreveport, Louisiana, from CRS Proppants LLC.

The Shreveport facility has an annual capacity of 450 million pounds and will continue to source Northern White frac sand from CRS Proppants LLC going forward.

“In addition to expanding our capacity, we believe this acquisition is strategic and enhances our integrated asset network,” said Jerry Borges, senior vice president of Momentive’s Oilfield Technology Group. “The Shreveport plant is centrally located in the Haynesville shale region for easy truck access and has dedicated rail facilities, which complements our existing footprint.”

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