US frack sand suppliers hit hard by downturn

Covid-19 outbreak forcing those with weaker balance sheets into bankruptcy as shale drilling slows down

Bankruptcy: US-based Covia has already filed for Chapter 11, Hi-Crush expected to file next
Bankruptcy: US-based Covia has already filed for Chapter 11, Hi-Crush expected to file nextPhoto: REUTERS/SCANPIX
Published 9 July 2020, 07:56Updated 9 July 2020, 07:56
CoviaHi-CrushUS SilicaPermian BasinUSA