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NEWPARK RESOURCES ANNOUNCES DEFINITIVE AGREEMENT TO SELL ITS U.S. MINERAL GRINDING BUSINESS

PR Newswire - Thu Oct 20, 2022

THE WOODLANDS, Texas, Oct. 20, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced that it has entered into a definitive agreement to sell substantially all the long-lived assets, inventory and operations of its Excalibar mineral grinding business ("Excalibar") to Cimbar Resources, INC.  ("Cimbar"), a mineral-based additive solutions company based in Chatsworth, GA. 

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