

MRC Allied bares venture into sand export business
As published on Manila Standard. MRC Allied Inc. is diversifying into the sand export business this year even as it is set to continue expanding its energy portfolio. The company signed a sale and purchase agreement with Shining Star Ningbo Import & Export Co. LTD. (Shining Star) over sand supply. “Under the agreement, MRC will be delivering Shining Star a natural river sand in bulk... The contract will be effective for five years. The company will have a gross revenue of $76