Friday, March 16, 2012

CP, Unimin Corporation enter long-term agreement for frac sand transport

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Canadian Pacific Railway entered into a multi-year agreement with Unimin Corporation of New Canaan, Conn., for the movement of frac sand from Unimin's facility in Wisconsin.

Unimin Corporation is a producer of industrial minerals. The facility, the company's newest and most productive, will open in 2013 in Tunnel City, Wis., and will produce two million tons of frac sand annually for energy markets in North Dakota, Texas, Colorado and elsewhere.

Under the agreement CP will become the exclusive rail service provider at this facility for the movement of frac sand to Unimin Corporation's destination markets.

"We have a long relationship with CP at many of our plants in North America and we are delighted to expand this longstanding partnership," said Kevin Crawford, president and chief executive officer at Unimin. "Rail is an effective way to move our products and CP is a reliable partner that will enable us to continue to deliver products to critical energy markets."

"Canadian Pacific has been serving Unimin, one of our largest Industrial Products customers, for more than three decades and we are pleased to continue to grow this partnership through service at its new facility," said Jane O'Hagan, Canadian Pacific's chief marketing officer and executive vice president marketing & sales. "Canadian Pacific's scheduled railway will ensure we efficiently manage their increasing volumes with reliable service."

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