Ciner Resources makes third consecutive quarterly production cut
Published: Tuesday, 03 November 2020
US soda ash producer Ciner Resources has announced a third straight decline in output in response to the Covid-19 pandemic, although it noted the third quarter indicated a recovery in demand against the previous three-month period.
The company has reported three consecutive quarterly
decreases on a year-on-year basis in production and sales due
to adverse market conditions
created by the coronavirus-related lockdowns.
Yet the soda ash producer noted there were some bright spots
in demand: "The third quarter marked an encouraging rebound for