{"id":521720,"date":"2021-08-02T18:03:11","date_gmt":"2021-08-02T22:03:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/smart-sand-inc-announces-new-long-term-proppant-supply-contract\/"},"modified":"2021-08-02T18:03:11","modified_gmt":"2021-08-02T22:03:11","slug":"smart-sand-inc-announces-new-long-term-proppant-supply-contract","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/smart-sand-inc-announces-new-long-term-proppant-supply-contract\/","title":{"rendered":"Smart Sand, Inc. Announces New Long-Term Proppant Supply Contract"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">THE WOODLANDS, Texas, Aug.  02, 2021  (GLOBE NEWSWIRE) &#8212; Smart Sand, Inc. (NASDAQ: SND) (the \u201cCompany\u201d) announced today that it has entered into a new multi-year Master Product Purchase Agreement with EQT Production Company, a subsidiary of EQT Corporation (\u201cEQT\u201d).<\/p>\n<p align=\"justify\">Under the new agreement, the Company will continue to supply EQT with frac sand in the Appalachian Basin, including at a new transloading terminal in southwestern Pennsylvania that the Company intends to have in service by the end of the year. The agreement has a three-year term, subject to earlier termination if the new transloading terminal is not in service by the end of 2021.<\/p>\n<p align=\"justify\">Charles Young, Smart Sand\u2019s Chief Executive Officer, stated, \u201cWe are extremely excited to be continuing our long-term relationship with EQT, one of our oldest and most reliable business partners. This new contract demonstrates our continued commitment to provide long-term, sustainable sand supply and logistics solutions to our customers. The Appalachian Basin is a key market for Smart Sand. We continue to work to build out our logistics capabilities, including this new terminal, to offer even greater efficiency to our customers while also providing ESG benefits by reducing trucking mileage and associated carbon emissions related to sand delivery.\u201d<\/p>\n<p>\n        <strong>Forward-looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">All statements in this news release other than statements of historical facts are forward-looking statements that contain our Company\u2019s current expectations about our future results.\u00a0 We have attempted to identify any forward-looking statements by using words such as\u00a0\u201cexpect,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201cbelieve\u201d and other similar expressions.\u00a0 Although we believe that the expectations reflected and the assumptions or bases underlying our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.\u00a0 Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause our actual results, events or financial positions to differ materially from those included within or implied by such forward-looking statements.<\/p>\n<p align=\"justify\">Factors that could cause our actual results to differ materially from the results contemplated by such forward-looking statements include, but are not limited to, fluctuations in product demand, regulatory changes, adverse weather conditions, increased fuel prices, higher transportation costs, access to capital, increased competition, continued effects of the global pandemic, changes in economic or political conditions, and such other factors discussed or referenced in the \u201cRisk Factors\u201d section of the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2020, filed by the Company with the\u00a0U.S. Securities and Exchange Commission\u00a0(\u201cSEC\u201d) on\u00a0March 3, 2021, and in the Company\u2019s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, filed by the Company with the SEC on May 4, 2021.<\/p>\n<p align=\"justify\">You should not place undue reliance on our forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, unless required by law.<\/p>\n<p align=\"justify\">\n        <strong>About Smart Sand<\/strong>\n      <\/p>\n<p align=\"justify\">We are a fully integrated frac sand supply and services company, offering complete mine to wellsite proppant logistics, storage and management solutions to our customers. We produce low-cost, high quality Northern White frac sand and offer proppant logistics, storage and management solutions to our customers through our in-basin transloading terminal and our SmartSystems\u2122\u00a0wellsite proppant storage capabilities. We provide our products and services primarily to oil and natural gas exploration and production companies and oilfield service companies. We own and operate premium frac sand mines and related processing facilities in Wisconsin and Illinois, which have access to three Class I rail lines, allowing us to deliver products substantially anywhere in the United States and Canada. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ExlFPUCLbj_Icl6vo7P-lGai4F-g9J9Fd7T6sDAyh00lEnQiB4k4_o1Lt4Uq5-AlFv9hHCY286QlkS0qN78bvw==\" rel=\"nofollow noopener\" target=\"_blank\">www.smartsand.com<\/a>.<\/p>\n<p>\n        <strong>Investor Contacts <\/strong>\n      <\/p>\n<p>Josh Jayne<br \/>Director of Finance, Assistant Treasurer<br \/>(281) 231-2660<br \/>jjayne@smartsand.com<\/p>\n<p>Lee Beckelman<br \/>Chief Financial Officer<br \/>(281) 231-2660<br \/>lbeckelman@smartsand.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMTI3MyM0MzM3MjIwIzIwMTY2OTY=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/058f82f9-a753-4bbc-be57-e41be633eff3\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>THE WOODLANDS, Texas, Aug. 02, 2021 (GLOBE NEWSWIRE) &#8212; Smart Sand, Inc. (NASDAQ: SND) (the \u201cCompany\u201d) announced today that it has entered into a new multi-year Master Product Purchase Agreement with EQT Production Company, a subsidiary of EQT Corporation (\u201cEQT\u201d). Under the new agreement, the Company will continue to supply EQT with frac sand in the Appalachian Basin, including at a new transloading terminal in southwestern Pennsylvania that the Company intends to have in service by the end of the year. The agreement has a three-year term, subject to earlier termination if the new transloading terminal is not in service by the end of 2021. Charles Young, Smart Sand\u2019s Chief Executive Officer, stated, \u201cWe are extremely excited to be continuing &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smart-sand-inc-announces-new-long-term-proppant-supply-contract\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Smart Sand, Inc. Announces New Long-Term Proppant Supply Contract&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-521720","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Smart Sand, Inc. Announces New Long-Term Proppant Supply Contract - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smart-sand-inc-announces-new-long-term-proppant-supply-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Smart Sand, Inc. Announces New Long-Term Proppant Supply Contract - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"THE WOODLANDS, Texas, Aug. 02, 2021 (GLOBE NEWSWIRE) &#8212; Smart Sand, Inc. (NASDAQ: SND) (the \u201cCompany\u201d) announced today that it has entered into a new multi-year Master Product Purchase Agreement with EQT Production Company, a subsidiary of EQT Corporation (\u201cEQT\u201d). Under the new agreement, the Company will continue to supply EQT with frac sand in the Appalachian Basin, including at a new transloading terminal in southwestern Pennsylvania that the Company intends to have in service by the end of the year. The agreement has a three-year term, subject to earlier termination if the new transloading terminal is not in service by the end of 2021. Charles Young, Smart Sand\u2019s Chief Executive Officer, stated, \u201cWe are extremely excited to be continuing &hellip; Continue reading &quot;Smart Sand, Inc. 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