The 'worst of the effects' of Ciner's capacity expansions are over – Solvay CEO
Published: Thursday, 01 March 2018
Despite forecasting a €50 million decrease in soda ash profits for 2018, the company believes it has weathered the downward pressure caused by additional capacity brought by Ciner Group.
Solvay has seen the worst of the effects
of the "new Turkish volumes" of soda ash capacity brought on
stream by Ciner Group, and conditions should improve even with
Kazan Soda yet to reach full capacity, according to chief
executive officer Jean-Pierre Clamadieu.
The comments were made on Wednesday February...