“Unforeseen headwinds” affect OCI’s Q3 results

By Emma Hughes
Published: Wednesday, 06 November 2013

Soda ash end-market downturn pulls revenues down 5.7% year-on-year

US-based soda ash producer OCI Resources LP has reported lower-than-expected earnings for the third quarter of 2013 as “several unforeseen headwinds” impacted performance.

OCI recorded revenues of $105.6m for Q3 2013, down 5.7% from $112m in the prior-year quarter, while EBITDA* fell to $23m from $33.9m in 2012....

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