Sisecam buys Ciner Group's U.S. soda ash operations for $285M, enhancing its global soda ash leadership.

Sisecam, a major player in glass and chemicals, has acquired all shares of Ciner Group's U.S. soda ash operations, boosting its global leadership in soda ash. This $285 million move increases Sisecam's ownership in Pacific Soda LLC to 100%, enhancing its sustainability efforts and production capacity. The acquisition positions Sisecam to lead in natural soda ash, critical for glass and growing sectors like energy storage, with a projected global demand of 83 million tons by 2030.

3 months ago
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