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Hi-Crush Partners Fell Due to Concerns about Frac Sand Demand

Ruth King
Hi-Crush Partners Fell Due to Concerns about Frac Sand Demand

Hi-Crush Partners (HCLP) stock fell 7.8% on September 26 after the company announced that it will temporarily idle the dry plant operations at its Whitehall facility. “Our strategic decision to temporarily idle Whitehall’s dry plant was driven by recent, temporary softness in completions activity and frac sand demand,” said Laura C. Fulton, Hi-Crush Partners’ CFO.