Ciner Sets New First Quarter Soda Ash Production Record

Ciner Resources LP of Atlanta, GA has reported a 2020 first quarter net income of US$14.2 million on net sales of US$114.2 million compared with US$25.2 million on sales of US$130.4 million in the first quarter of 2019. Total soda ash production in the quarter was 680,000 tons, a 0.2% increase over the prior year,...

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Ciner Sets Soda Ash Production Record

Ciner Resources LP of Atlanta, GA has reported a 2019 net income of US$101.6 million on net sales of US$522.8 million compared with US$103.0 million on sales of US$486.7 million in 2018. The company sold 2.76 million tons of soda ash compared with 2.61 million tons sold in 2018. Ciner’s domestic soda ash sales fell...

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Tata Acquires Balance of Soda Ash Partnership

Tata Chemicals of India, through its wholly-owned subsidiary, Valley Holdings Inc, has acquired the remaining 25% partnership interest in Tata Chemicals (Soda Ash) Partners Holdings (TCSAP) from the Andover Group Inc, a subsidiary of Owens-Illinois Inc of Perrysburg, OH, for US$195 million. With this acquisition, Tata Chemicals has increased its ownership in TCSAP to 100%....

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Ciner Buoyed by International Sales

Ciner Resources LP of Atlanta, GA has reported a third quarter net income of US$29.9 million on net sales of US$137.2 million compared with US$19.0 million on sales of US$123.4 million in the same period of 2018. The sales increase reflects a 3.6% increase in average sales price and an 8.0% increase in soda ash...

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Solvay Increases Soda Ash Sales

Solvay SA of Belgium reports third quarter sales for its Performance Chemicals segment of €731 million (US$764 million), a 1.5% increase from the third quarter of 2018. Soda ash and derivatives sales grew 5.9%. Prices were well up, benefiting from the yearly contracts negotiated at the end of 2018. Soda ash sales volumes were stable,...

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