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Covia Holdings Corp. is a leading provider of diversified mineral-based and material solutions, headquartered in Chesterland, OH. The company, founded on June 1, 2018, offers a broad range of high-quality products and services through its two primary segments: Energy and Industrial.

The Energy segment caters to the oil and gas industry with an extensive portfolio of raw frac sand, value-added proppants, well-cementing additives, gravel-packing media, and drilling mud additives. These products are essential for enhancing the efficiency and productivity of oil and gas extraction processes.

Meanwhile, the Industrial segment supplies raw, value-added, and custom-blended products to diverse markets including glass, ceramics, metals, coatings, polymers, construction, foundry, filtration, sports and recreation, and various other industries. This segment is crucial for providing foundational materials that meet stringent quality and performance standards across multiple applications.

Covia's recent achievements highlight its commitment to sustainability and community engagement. In partnership with IslaUrbana and local communities in Zacatlan and Ahuazotepec, Mexico, Covia launched the 'Schools of Rain' initiative to provide clean water access by implementing rainwater harvesting systems. This project positively impacts over 600 students by collecting more than 800,000 liters of water annually.

The company's dedication to environmental stewardship is further demonstrated by its responsible land use strategies. Covia manages over 80,000 acres, focusing on conservation and biodiversity through its partnership with the Wildlife Habitat Council (WHC). This collaboration, spanning over 30 years, aims to restore ecosystems such as wetlands, forests, and prairies, showcasing Covia's long-term commitment to ecological balance.

On the human resources front, Covia emphasizes the development and growth of its employees. The company has relaunched training programs like the Polaris Learning Management System (LMS), which includes diverse courses to support professional development. Covia also fosters a nurturing work environment, evident from its outreach and development programs aimed at welcoming the next generation of team members through internships and training initiatives.

Financially, Covia remains robust with a diverse customer base, including blue-chip clients, and a comprehensive distribution network. The company's upcoming separation of its Energy and Industrial businesses into two distinct entities is expected to streamline operations and enable more focused strategic growth.

Overall, Covia Holdings Corp. continues to lead in delivering essential mineral solutions while upholding its commitments to environmental sustainability, community welfare, and employee development.

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Covia highlights recent volunteer initiatives across multiple locations. At the Emmett, Idaho Plant, Charlynn Hinson volunteered at Ronald McDonald House in Boise, helping with pantry organization and Santa's workshop preparations. The Tuscaloosa Plant participated in the Light the Night walk, raising funds for the Leukemia and Lymphoma Society, achieving third place among participating companies. In Huntersville, North Carolina, team members supported Bags of Hope, preparing over 100 food bags for children facing food insecurity. The Independence, Ohio office hosted the Stars, Stripes & Links Golf Outing for injured veterans and supported Leighton Elementary School's adaptive playground development with inclusive equipment installations.

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Covia celebrates remarkable employee milestones, highlighting six individuals with over 200 combined years of service. Notable among them is Lee Bullion, a Production Operator at Camden Plant with 47 years of service. Lee's inspiring story includes following his family's footsteps, surviving a life-threatening health crisis saved by workplace AED equipment, and maintaining an active lifestyle as a marathon runner and youth sports coach. Other long-serving employees include Alain Cloutier (48 years), Harry C. Barraclough Sr. (44 years), Janet E. Kilbane (37 years), Moses L. Crockett (36 years), and John W. Mowery (35 years). The company emphasizes its commitment to recognizing employee contributions and maintaining an exceptional work environment.

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Covia is enhancing its product innovation process with a strong focus on sustainability and ESG benefits. The company is establishing a state-of-the-art Innovation Center in Concord, North Carolina, which will strengthen their laboratory network for developing products in polymers, engineered stones, coatings, and building products.

A notable achievement in 2023 was the development of Cristobalex™, a product with refined quality and low iron content that enhances durability, reflectivity, and UV-resistance while reducing weight. When used in cool roofing coatings, it improves energy efficiency, and in road markings, it enhances safety through better visibility and durability.

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Covia showcases its customer relationship strategy through the profile of Mark Styers, Vice President of Specialty Materials. With nearly 13 years at the company, Mark leads the commercial team for Covia's specialty business unit, overseeing coatings, polymers, exports, engineered stone, and European operations. The PR highlights how LUMINEX™, a silica-based ultrawhite filler for quartz countertops, exemplifies successful product innovation driven by customer engagement. The company emphasizes the importance of building genuine connections beyond sales, including mutual participation in charitable initiatives and close collaboration between sales and plant teams.

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Covia highlights the contributions of two marketing team members, Natalie King and Laura Vasseur, based in Huntersville, North Carolina. Natalie, the Brand Activation Manager, and Laura, the Senior Creative Designer and Digital Specialist, play important roles in building customer relationships through effective marketing.

Laura's responsibilities include website management, digital ad campaigns, and packaging design. Natalie works closely with sales and strategic marketing teams to create tailored solutions for diverse markets. Together, they develop marketing campaigns that resonate with different customer segments, such as the successful 'Don't Fear the Filler' campaign.

The team is exploring innovative ways to connect with customers, including remastering older marketing videos and launching new products like LUMINEX™ and CRISTOBALEX™. Both team members also pursue personal interests, with Laura engaging in various artistic endeavors and Natalie actively volunteering in her community.

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Covia's response to Hurricane Helene demonstrates its commitment to corporate social responsibility and employee support. The company activated its Covia Cares Emergency Relief Fund and Immediate Response Funds to assist affected employees and their families in the Southeast. Over 40 employees received immediate relief funds through the Covia Foundation.

The company's philanthropic efforts are guided by the Community Investment Policy, administered by the Covia Foundation. In addition to internal support, Covia donated to Team Rubicon, a veteran-led humanitarian organization, to aid in on-the-ground relief efforts for Hurricane Helene. Employees at plants in Georgia and North Carolina were particularly commended for their efforts in supporting colleagues and the community during this crisis.

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Covia demonstrates its commitment to biodiversity through various local initiatives across its operational footprint. The company partners with organizations to protect and restore habitats for native species. Key projects include:

1. South Jersey Quail Project: Protecting quail habitats in New Jersey.
2. Ontario Turtle Conservation Centre: Supporting turtle rehabilitation and education in Canada.
3. Swallow conservation in Southern Ontario.
4. Fish and turtle habitat preservation in Huntingburg, Indiana.
5. Dunes Sagebrush Lizard protection in Kermit, Texas.
6. Fox den development in Junction City, Georgia.

These efforts showcase Covia's dedication to preserving local ecosystems and endangered species. The company provides funding and organizational support for these community projects, emphasizing its commitment to positive environmental impacts.

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Covia, a company focused on cultivating a safe work environment, has implemented innovative safety measures in 2024 to improve workplace safety. Key highlights include:

  • Introduction of wearable safety sensors to prevent injuries by providing instant feedback on hazardous movements
  • Development of digital workplace inspections to streamline safety procedures and enforce SMHS guidelines
  • Continuation of the 'Safety Starts with Me' program, an employee-led initiative to create a positive work environment
  • Organization of Safety Days, focusing on different elements of health and safety, including emergency preparedness drills

Covia's efforts were recognized by NIOSH with the Mine Safety and Health Technology Innovations Award for their wearable sensor program implementation.

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John Hargrove, Environmental Health and Safety Coordinator at Covia's Hephzibah, Georgia, plant, is recognized for his dedication to safety and leadership. With a background in the U.S. Marine Corps and mining industry, John joined Covia in 2018 as a utility operator. His passion for learning and growth led to promotions, ultimately becoming the EHS coordinator.

In his role, John manages environmental and safety responsibilities, including industrial-hygiene testing. His experience across various positions helps him effectively communicate safety practices. Under John's guidance, the Hephzibah plant recently achieved 20 years without a lost-time incident, emphasizing the plant's commitment to the 'Safety-First' mindset and the principle of 'safety before production'.

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Covia (NYSE: CVIA) has implemented advanced reporting and measurement capabilities to enhance the quality and reliability of safety data tracked at its sites. The company uses a Safety Performance Scorecard, updated monthly and shared quarterly, to monitor performance against key performance indicators (KPIs) and internal targets. This scorecard includes standard injury statistics and leading indicators.

Covia also focuses on Leading Indicator KPIs, encouraging employees to report incidents, near-misses, and concerns. The company aims to complete dust sampling and in-field safety evaluations on time, with the goal of meeting or exceeding KPI targets annually. Covia's commitment to safety engagement and performance transparency is demonstrated by making key safety metrics available on its intranet and updating them regularly.

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FAQ

What does Covia Holdings Corp. do?

Covia Holdings Corp. provides diversified mineral-based and material solutions through its Energy and Industrial segments, catering to various industries.

What markets does Covia's Industrial segment serve?

The Industrial segment serves markets including glass, ceramics, metals, coatings, polymers, construction, foundry, filtration, sports and recreation, among others.

What products are offered by Covia's Energy segment?

The Energy segment offers raw frac sand, value-added proppants, well-cementing additives, gravel-packing media, and drilling mud additives to the oil and gas industry.

What is the 'Schools of Rain' initiative?

The 'Schools of Rain' initiative, launched by Covia in Mexico, aims to provide clean water access through rainwater harvesting systems, impacting over 600 students.

How does Covia contribute to environmental conservation?

Covia manages over 80,000 acres and partners with the Wildlife Habitat Council to restore ecosystems, demonstrating its commitment to environmental stewardship.

What training programs does Covia offer?

Covia offers training programs through its Polaris Learning Management System, providing courses on accountability, digital tools, and more for employee development.

How does Covia support its employees?

Covia fosters a nurturing work environment with outreach and development programs to welcome and develop new team members, including internships and training initiatives.

What is Covia's financial condition?

Covia maintains a robust financial condition with a diverse customer base, including blue-chip clients, and a comprehensive distribution network ensuring steady growth.

What are Covia's future plans?

Covia plans to separate its Energy and Industrial businesses into two distinct entities, aiming to streamline operations and foster focused strategic growth.

Where can I find more information about Covia's ESG efforts?

More information about Covia's ESG efforts can be found on their website at https://www.coviacorp.com/esg/.

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