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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.

Rhea-AI Summary
Covia promotes waste management practices and recycling initiatives, aiming to reduce waste volume and comply with regulations. They have a Waste Steering Team to measure waste impact and increase transparency. They focus on optimizing water consumption and reducing mineral waste. They also partner with suppliers for reusable packaging. The use of highly efficient biodegradable stretch film has advantages over legacy packaging materials. They have implemented measures to prevent product loss and wear and tear at certain plants. They have successfully reduced a mineral waste stream by contracting with a local brick manufacturer. Covia completed 10 waste-related improvement projects in 2022, benefiting communities and providing cost savings.
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Covia shows commitment to water conservation in its operations
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Covia raises awareness during Safety Day 2023
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Covia's Tunnel City Plant in Tomah, Wisconsin has a strong focus on environmental stewardship and community involvement. The plant has donated nearly $25,000 to organizations in the community and contributed to Habitat for Humanity. It also partners with the U.S. Fish and Wildlife Service to create habitats for the at-risk Karner Blue Butterfly.
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Covia partners with local schools to make community impact
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Covia emphasizes professional development for team members to support company growth. Mike Maloney shares his journey and highlights the importance of safety and community. Covia's energy is high with new talent.
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Covia focuses on reducing carbon footprint through energy efficiency and emissions reduction. Real-time monitoring of energy consumption implemented at Ottawa plant. Plans to conduct similar audits at other sites. Nepheline Syenite Operations participates in Global Adjustment and Demand Response program. Covia maintains commitment to addressing climate change.
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Covia remains focused on enhancing engagement with communities, aligning with UN SDGs. Developed a Community Action Plan (CAP) at 75% of sites in 2022, expanding to corporate offices and labs in 2023. Examples of community involvement include providing support for infrastructure projects and partnering with law enforcement.
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Covia focuses on responsible land use and biodiversity conservation efforts.
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Covia, in partnership with Balloon Latam, has been working to transform communities in Mexico through engagement programs and financial donations. Covia operates 12 operation sites and 2 hub offices in Mexico, with a focus on areas such as income, education, employment, environmental care, civic engagement, and community integration. Initiatives include education opportunities, fish farming, pollinator conservation, entrepreneurship fairs, and reforestation. Recent successes include a successful Entrepreneurship Fair in Zacatlán and the Granjas De Peces fish farming initiative in San Lorenzo.
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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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