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excalibar

Newpark has Sold Excalibar Minerals to CIMBAR


Newpark Resources, Inc. (NYSE:NR) (“Newpark”)

Newpark is a geographically diversified supplier providing environmentally-sensitive products as well as rentals and services to a variety of industries, including oil & gas exploration, electrical transmission & distribution, pipeline, renewable energy, petrochemical, construction and other industries.

Excalibar Minerals LLC (“Excalibar”)

Since 1990, Excalibar has focused on sourcing, processing, packaging and distributing high-quality industrial minerals. Excalibar’s products are used in a wide variety of industrial applications, including oil & gas drilling fluids, coatings, plastics, rubber and friction materials, among many others. Headquartered in Katy, Texas, Excalibar has established manufacturing facilities in Texas, Louisiana and Tennessee to produce its mineral solutions.

Cimbar Resources, Inc. (“Cimbar”)

CIMBAR  is a global leader in the delivery of performance mineral solutions across multiple industries, specializing in barium sulfate, calcium carbonates, alumina trihydrate (ATH) and post-consumer recycled mineral based fillers. Headquartered in Chatsworth, Georgia, CIMBAR produces industrial minerals at several production sites throughout the U.S., with three additional production sites internationally (Mexico, China and Pakistan).

PPHB, LP (“PPHB”)

PPHB is an independent investment banking firm providing financial advisory services to middle market companies that offer products and services to the following end markets: