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Momentive acquires Louisiana proppants facility

6:30 AM MST | January 17, 2014

Momentive Specialty Chemicals says that it has completed the acquisition of a resin coated proppants manufacturing facility at Shreveport, LA, from CRS Proppants (Tulsa, OK). Financial details of the deal have not been disclosed. The Shreveport facility, which employs about 35 people, will continue to source Northern White frac sand from CRS, Momentive says. Momentive Specialty Chemicals’ oilfield technology group provides technologies for the oil and gas industry. The group offers well-stimulation solutions with advanced resin coated proppants and a variety of...

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