U.S. Silica Acquires New Industrial Roofing Capability

U.S. Silica Holdings, a producer of commercial silica used in the oil and gas industry, said Tuesday it has acquired a division of National Coatings that manufactures and distributes cool roof granules, a treated kaolin product used in industrial roofing systems that delivers superior solar reflectance and higher thermal emittance than standard designed roofing products.

Cool roof systems reduce energy usage and enhance the durability of the roof as well. U.S. Silica is acquiring patent and intellectual rights and supplier and customer relationships for approximately $18.7 million. The transaction closed earlier this month, the company said in a press release.

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