OCI Resources posts strong results on increased demand, soda ash prices
Published: Wednesday, 11 February 2015
The US company has seen a strong year on the back of increased soda ash demand and is expecting to take this into 2015. This runs contrary to FMC’s statement last week, in which it said that soda ash prices were flattening.
US soda ash producer OCI Resources LP
reported increased revenue and profit for 2014 on the back of
strong demand and soda ash pricing.
Soda ash volume sold increased 4% in Q4 2014, to 686,000
short tonnes (s./tonnes) sold. For the full year the company
recorded an increase of 2.3% of volume sold,...