Preferred Sands, one of North America’s largest proppant, well logistics and resin technology companies, today announced it was awarded the “Environmental Initiative of the Year” award for the Midcontinent region during the 2013 Oil & Gas Awards. Honored for the development of its proprietary non-phenolic, resin-coating sand (RCS) technologies, Garnet and Pearl, Preferred Sands is the first company to provide sustainable resin-coated sand options for the oil and gas industry.
Developed in conjunction with The Dow Chemical Company [NYSE: DOW], Garnet and Pearl are part of the Preferred RCS product line, which consists of the first high-performing, non-phenolic alternatives available to the oil and gas market. These specialty proppants, which are more environmentally-conscious compared to traditional, phenolic-based resins, have successfully spurred greater industry demand for sustainable products and are quickly becoming the industry standard.
“We are dedicated to developing and distributing innovative technologies that benefit both drillers and the communities in which they operate,” said Michael O’Neill, founder and CEO, Preferred Sands. “It’s an honor to be recognized by the Oil & Gas Awards for our commitment to providing the best, most innovative products and services possible in a way that is sustainable and environmentally sound for our planet. We are seeing companies shift toward more sustainable operational strategies and Preferred is proud to be at the forefront of this change.”
The Oil & Gas Awards celebrate the positive contributions to the oil and gas industry in the areas of Health and Safety, Environmental Stewardship and Corporate Responsibility. In its second year, the program received over 400 entries from around 250 companies from across the globe. Winners from the Midcontinent region were announced in a ceremony held on October 29 at the National Cowboy & Western Heritage Museum in Oklahoma City, Okla.
For more information about Preferred Sands and its industry-leading RCS Product line, visit www.PreferredSands.com.
About Preferred Sands
Preferred Sands, LLC., headquartered in Radnor, PA, is one of North America’s largest manufacturers and providers of frac sand for oil and natural gas companies in the hydraulic fracturing industry. Launched in 2007 Preferred Sands is the market’s only commercial manufacturer with an available green technology in resin-coated sand. With this innovative product development and reclamation projects, the company is not only committed to the protection of the environment but also the health and safety of the communities it serves. With strategic plant locations in Arizona, Minnesota, Nebraska, Wisconsin and Canada, the company has core competencies in logistic transportation. Preferred Sands, LLC. has been named to Inc. 500’s prestigious annual list of “Fastest Growing Private Companies in America” (2013) as well as one of Pennsylvania’s “Best Places to Work” . CEO, Michael O’Neill, has also been named Ernst & Young’s Entrepreneur of the Year® in Energy, Cleantech and Natural Resources (2012) and SmartCEO Magazine’s CEO of the Year (2012).
Meg Kane, 484-385-2938 (office)
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