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CVIA - CVIA STOCK NEWS

Welcome to our dedicated page for CVIA news (Ticker: CVIA), a resource for investors and traders seeking the latest updates and insights on CVIA stock.

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 (ticker: COV) has announced its 30-year partnership with the Wildlife Habitat Council (WHC) aimed at promoting biodiversity and conservation. The company is a responsible steward of over 80,000 acres of land, with a focus on restoring various ecosystems, including wetlands, forests, ranchlands, shorelines, and prairies. Covia's long-standing commitment to conservation is evident through its partnership with WHC, making it WHC's partner with the fourth-longest consecutive tenure of working together.
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Covia (Ticker: COV) Establishes Veterans Network to Support US Military Veterans
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The Covia Foundation oversees comprehensive community engagement and philanthropic initiatives. Covia strives to give back to the communities where they live and work through volunteerism and financial resources. Recent examples include volunteering at Classroom Central in North Carolina, participating in the 'Light the Night' walk in Alabama, helping at Camp Tuckabatchee in Illinois, assisting Habitat for Humanity in Wisconsin, and hosting a Bass Fishing workshop in Oregon.
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Covia, a company based in Northampton, MA, is actively engaged in community service and volunteerism. They offer 24 hours of annual paid volunteer time for their Team Members and match up to $1,000 of individual Team Member donations. They also provide grants to tax-exempt organizations where Team Members volunteer at least 20 hours. Covia Cares Action Days encourage the use of volunteer hours, and their Camden, Tennessee facility supports the Second Harvest Food Bank of Middle Tennessee by sorting food, packing donations, and preparing backpacks for hungry children.
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Covia employee shares his journey of perseverance and growth within the company.
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Covia emphasizes the importance of responsible partnerships and supply chain sustainability. They are focused on managing their supply chain responsibly and building mutually beneficial relationships with their partners. In 2022, they made progress on their goals, including consolidating their natural gas supply base, establishing a commodity risk management program, and proposing regional warehouses. In 2023, they will roll out a new Supplier Code of Conduct. Covia is committed to engaging in responsible partnerships that reflect their organizational values and ESG priorities.
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Covia and IslaUrbana partner to provide access to clean water for students in Mexico
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Andrew O'Brien looks back on his experience working at Covia and how it shaped his personal and professional life.
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Covia upgrades data management capabilities with new Laboratory Information Management System (LIMS), driving improvements in quality, process management, and efficiency.
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Covia receives bronze medal for sustainable performance from EcoVadis, ranking in top 21% in industry and top 35% overall. Score increased due to environmental programs, emissions reduction projects, and community initiative. Positive impact on stock price expected.
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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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