Benzinga | Mar 30, 2021 04:02PM EDT

U.S. Silica Announces Up To 15% Price Increase On Industrial And Specialty Products, Effective May 1

U.S. Silica Holdings, Inc. (NYSE:SLCA) said today that its Industrial and Specialty Products segment will increase prices for its noncontracted diatomaceous earth, perlite, cellulose, silica and clay products used primarily in filtration, paints, coatings, elastomers, chemicals, glass, building products and other applications.

The price increases, effective for shipments starting on May 1, 2021, will range up to 15 percent depending on the product and grade.

These increases are driven by ongoing and significant inflationary pressures from raw materials, packaging, logistics and maintenance expenses.