-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WnxFw4/KtIXjuwNk0woOcJXvT0NUu0sVv7jt4n4SdRRngAF0varohdC+VAtUA0MZ TcKQeIE7tzbEAekJaVi/xg== 0000950134-06-022518.txt : 20061201 0000950134-06-022518.hdr.sgml : 20061201 20061201170845 ACCESSION NUMBER: 0000950134-06-022518 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20061201 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061201 DATE AS OF CHANGE: 20061201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CARBO CERAMICS INC CENTRAL INDEX KEY: 0001009672 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] IRS NUMBER: 721100013 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15903 FILM NUMBER: 061251975 BUSINESS ADDRESS: STREET 1: 6565 MACARTHUR BOULEVARD STREET 2: SUITE 1050 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 2144010090 MAIL ADDRESS: STREET 1: 6565 MACARTHUR BOULEVARD STREET 2: SUITE 1050 CITY: IRVING STATE: TX ZIP: 75039 8-K 1 d41782e8vk.htm FORM 8-K e8vk
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 1, 2006
CARBO Ceramics Inc.
 
(Exact Name of Registrant as Specified in Its Charter)
Delaware
 
(State or Other Jurisdiction of Incorporation)
     
001-15903   72-1100013
 
(Commission File Number)   (IRS Employer Identification No.)
     
6565 MacArthur Boulevard, Suite 1050    
Irving, Texas   75039
 
(Address of Principal Executive Offices)   (Zip Code)
(972) 401-0090
 
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
 
(Former Name or Former Address, if Changed Since Last Report)
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
     o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 7.01. Regulation FD Disclosure.
     On December 1, 2006, CARBO Ceramics Inc. (“CARBO”) issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing a delay in the planned completion of its Russian manufacturing facility.
     Pursuant to General Instruction B.2 of Form 8-K, the information in this Form 8-K, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, and is not incorporated by reference in any filing of CARBO, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Pursuant to General Instruction B.2 of Form 8-K, the following exhibit is furnished with this Form 8-K.
99.1 Press Release, dated December 1, 2006.
* * * * *

2


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  CARBO CERAMICS INC.
 
Date: December 1, 2006  
  By:   /s/ Paul G. Vitek    
    Paul G. Vitek   
    Sr. Vice President, Finance and
Chief Financial Officer 
 
 

3


 

EXHIBIT INDEX
     
Exhibit No.   Description
 
   
99.1
  Press Release, dated December 1, 2006

4

EX-99.1 2 d41782exv99w1.htm PRESS RELEASE exv99w1
 

Exhibit 99.1
(CARBO CERAMICS COMPANY LOGO)
 
FINAL — FOR IMMEDIATE RELEASE   CONTACT: PAUL VITEK, CFO
    (972)401-0090
 
    Release #06-14
CARBO CERAMICS INC. ANNOUNCES DELAY IN RUSSIA PLANT COMPLETION
Irving, Texas (December 1, 2006) — CARBO Ceramics Inc. (NYSE: CRR) announced today that the planned completion of its manufacturing facility in Kopeysk, Russia will be delayed beyond its originally anticipated date of year-end 2006. The delay is due primarily to a disagreement with a local contractor, and the company is moving forward with an alternative plan for completion of the work. The company anticipates completion of the plant during the first quarter of 2007 and start-up of the plant during the first half of 2007. The company added that the start-up of the plant remains subject to receipt of certain governmental permits, the timing of which is not within the company’s control.
The company’s President and CEO, Gary Kolstad, stated, “While we are disappointed by this delay, we are committed to the Russian market for the long term, and this does not alter our plans. We are actively marketing our products and services in Russia and believe we can contribute to increased production and recovery rates in oil and gas reservoirs in this important region. The start-up of this facility will be complicated by logistical and permitting issues, but we are moving towards this target as quickly as possible and will keep our shareholders and customers updated on progress. In the interim, we will be able to supply the Russian market with quality ceramic proppant from our other global manufacturing facilities.”
The company expects the delay to increase the total capital cost of the facility approximately seven to eight percent above its planned cost of $42 million. Until the plant is operational, the company expects to satisfy demand in Russia from the company’s other global manufacturing locations. Any impact on revenue or net income will depend on the actual start-up date of the facility and the final terms of sales agreements with customers in Russia, and cannot be quantified at this time.
The statements in this news release that are not historical statements, including statements regarding our future financial and operating performance, are forward-looking statements within the meaning of the federal securities laws. All forward-looking statements are based on management’s current expectations and estimates, which involve risks and uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements. Among these factors are ongoing construction risks, changes in overall economic conditions, changes in demand for our products, changes in the demand for, or price of, oil and natural gas, risks of increased competition, technological, manufacturing and product development risks, loss of key customers, changes in government regulations, foreign and domestic political and legislative risks, the risks of war and international and domestic terrorism, risks associated with foreign operations and foreign currency exchange rates and controls, weather-related risks and other risks and uncertainties described in our publicly available filings with the SEC. We assume no obligation to update forward-looking statements, except as required by law.

###

 

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