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CVIA - CVIA STOCK NEWS

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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, an organization with a global presence, emphasizes community investment and philanthropy through The Covia Foundation. In 2023, over $1 million was distributed to support education, environment, social equality, and health initiatives. Team Members are encouraged to volunteer, with incentives like matching gifts and grant money for charity. Covia Cares Action Days saw increased participation, with 34 events and over 1,000 volunteer hours. Inspiring stories include teddy bear deliveries to hospitals and participation in the Lymphoma & Leukemia Light the Night Walk.
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Covia recognizes 26 team members for their community involvement through the President's Volunteer Service Award. The Community Investment Policy overseen by the Covia Foundation guides charitable giving and volunteerism.
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Covia's Menomonie plant in Wisconsin has had a successful year in 2023, with zero reportable incidents and a focus on product expansion. The plant is committed to safety, demonstrated by its collaboration with the local fire department for vertical rescue training. Additionally, the plant has made significant strides in reclamation efforts, successfully restoring nearly 7 acres of land in 2023.
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Covia emphasizes the importance of diversity and inclusivity in the workplace, investing in outreach and development programs to welcome and develop the next generation of team members. The company actively fosters strong connections with the communities in every region where it operates, with over 40 locations across North America. In 2023, the Talent Acquisition team visited several plants to learn more about the communities.
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Covia (CVIA) announces the relaunch of training programs and further development of resources for Team Members, emphasizing a focus on empowering individuals to be their best selves. The company's commitment to collaboration and talent development is highlighted in the press release.
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Covia (COVIA) has been a leader in the industrial and energy markets for over 80 years, providing high-quality minerals and mineral solutions. Recent investments in infrastructure, equipment, and workforce have led to the expansion of the Technical Team, resulting in the development of innovative products like LUMINEX® and CRISTOBALEX™. The company's focus on future growth and opportunities has positioned them to better serve a wider range of industries and customers.
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Covia (CVIA) Employee Shares 36-Year Journey in Finance and Collaboration
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Covia (COVA) Recognized at Pillar Awards for Community Service
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Covia (COV) has received the 2023 Digital Transformation Award for Best Intranet Launch from Igloo Software for the redesign of its intranet, creating a platform for team members to increase communication, collaborate on ideas, share feedback, and foster conversation. Since the launch, Covia employees have been able to access what they need to stay informed and equipped to do their jobs effectively and efficiently, leading to a more connected and engaged workplace.
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Covia (COV) - Covia's Dividing Creek plant in New Jersey is committed to environmental conservation and community well-being. The plant actively contributes to restoring the quail population and has implemented water conservation measures. Additionally, the facility prioritizes safety, celebrating 5 years without a lost time accident.
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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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