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United States

Profile: Hi Crush Partners LP (HCLP.N)

HCLP.N on New York Stock Exchange

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27 Jul 2016
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Hi-Crush Partners LP, incorporated on May 8, 2012, is a producer and supplier of monocrystalline sand. The Company is a limited partnership formed to acquire selected sand reserves and related processing and transportation facilities of Hi-Crush Proppants LLC. It operates in Frac Sand Sales segment. Its reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States. It owns, operates and develops sand reserves, and related excavation and processing facilities. Its 857-acre facility with rail infrastructure, located in Wyeville, Wisconsin (the Wyeville facility) contains approximately 82.1 million tons of proven recoverable reserves of frac sand meeting American Petroleum Institute (API) specifications. It also holds approximately 98% interest in Augusta facility, which is located in Eau Claire County, Wisconsin and contains over 40.9 million tons of proven recoverable reserves of frac sand meeting API specifications. It operates through a logistics network of rail-served destination terminals located throughout Pennsylvania, Ohio, New York and Texas.

The Wyeville facility has an annual processing capacity of approximately 1,850,000 tons of 20/100 frac sand per year. All of its product from the Wyeville facility is shipped by rail from its approximately three over 5,000 foot rail spurs that connect its facility to a Union Pacific Railroad mainline. It operates over two dryer facilities at the Wyeville facility with a combined nameplate input capacity, based on manufacturer specifications, of approximately 250 tons per hour. The Augusta facility has an annual processing capacity of approximately 2,860,000 tons of 20/100 frac sand per year. All of its product from the Augusta facility is shipped by rail from its over eight rail spurs ranging from 2,700 to 4,400 feet in length, that connect its facility to a Union Pacific Railroad mainline. It operates over three dryer facilities at the Augusta facility with a combined nameplate input capacity, based on manufacturer specifications, of over 400 tons per hour. The Whitehall facility has an annual processing capacity of approximately 2,860,000 tons of 20/100 frac sand per year. It owns or operates over 10 destination rail-based terminal locations, of which approximately five are temporarily idled and over six are capable of accommodating unit trains. Its destination terminals include approximately 306,000 tons of rail storage capacity and approximately 97,000 tons of silo storage capacity.

The Company's product from the Augusta facility is shipped by rail from its over eight 5,000-foot rail spurs ranging from 2,700 to 4,400 feet in length that connect its processing and storage facilities to a Union Pacific Railroad mainline. It owns or operates over 10 destination rail-based terminal locations, of which over five are temporarily idled and approximately six are capable of accommodating unit trains. Its destination terminals include approximately 306,000 tons of rail storage capacity and approximately 97,000 tons of silo storage capacity. Each terminal location is positioned in the shale plays to facilitate its customers' operations. Its terminals include rail-to-truck and rail-to-storage capabilities and serve as the base for a majority of its terminal resources and materials management services. Its terminal facilities include origin and distribution material staging areas, rail track capabilities, material handling equipment, private rail fleet, bulk storage and quality assurance services.

The Company competes with U.S. Silica Holdings, Inc., Unimin Corporation, Fairmount Minerals, Ltd. and Emerge Energy Services LP.

Company Address

Hi Crush Partners LP

Suite 1550, Three Riverway
HOUSTON   TX   77056
P: +1713.9630099
F: +1713.9630088

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