Soda ash latest news

• March 2021

  Falling Turkish lira has yet to boost mineral exports

  24 March 2021

  The value of the Turkish currency dropped sharply after President Recep Tayyip Erdogan on March 21 announced the sacking of a third governor of the country’s central bank in less than two years, in a development which could make Turkish mineral exports more competitive.

• Suez Canal blockage adds further problems for global freight market

  24 March 2021

  A major blockage of the Suez Canal by a large container ship, leading to a vessel traffic jam, is adding to disruption in the global bulk freight markets.

• Total EU new car sales down by 19% in February

  18 March 2021

  Sales of passenger cars in the EU dropped by 19.34% year on year in February 2021, the European Automotive Manufacturers Association (ACEA) said on Wednesday March 17.

• AT A GLANCE: Ciner reports soda ash demand recovery in Q4

  16 March 2021

  A summary of the financial results from United States soda ash producer Ciner for the fourth quarter of 2020, according to its earnings results released on Monday March 15.

• February 2021

  Solvay to 'carve out' soda ash business

  26 February 2021

  Solvay is to “carve out” its soda ash business unit and form a new independently-run entity, it said in its full-year results report on Wednesday February 24.

• Maersk aims to launch world’s first carbon-neutral vessel in 2023

  18 February 2021

  All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil (VLSFO), the company said on Wednesday February 17.

• Spot European soda ash cargoes emerge in long market after pandemic

  03 February 2021

  After a year of weak demand for soda ash, "excess" spot cargoes have been offered out of Europe to as far afield as South Africa, market participants told Fastmarkets.