Soda ash latest news

  • July 2015

    World’s largest glass producer sees drop in sales

    31 July 2015

    Net sales dropped for US-headquartered Owens-Illinois, due to a drop in Brazilian beer shipments. Meanwhile, increases in soda ash costs had to be offset by price increases for glass in South America.

  • Solvay swings to profit as it prepares to buy US counterpart Cytec for $5.5bn

    29 July 2015

    The Belgian company’s CEO said its proposed acquisition of mining chemicals specialist, Cytec, marks a “major step change” in Solvay’s portfolio upgrade, as it helps to support the firm’s ambition to become a leader in sustainable chemistry. The news comes as the company posts strong sales helped by a favourable exchange rate and positive performance from its soda ash and derivatives segment.

  • Asian soda ash prices vary on local demand divergence

    22 July 2015

    Prices slip in China in line with weak construction activity but remain firm in India as domestic producers look to up capacity.

  • Indian soda ash industry plans expansion ahead of anti-dumping expiry

    22 July 2015

    With anti-dumping duty on soda ash to expire by mid-2017, Indian producers are gearing up for capacity expansion and cost reduction in order to retain a competitive edge.

  • Turkey’s Ciner Group takes controlling stake in OCI Wyoming soda ash operation

    21 July 2015

    The deal sees the Eti Soda operator claim a 51% interest in the Green River-based soda ash producer as its parent company, OCI Co., focuses more closely on its solar operations in the US. The price tag of the transaction will also set a precedent for the possible sale of the minority position in OCI Wyoming.

  • Kenya Chamber calls for clearer mining law

    16 July 2015

    Kenya’s new mining bill is currently being debated and is expected to come into effect September. It may still be subject to changes before it is passed into law and the country’s Chamber of Mines has called for the government to provide clear royalty rules before it is unveiled.

  • Kenya to enact new mining law by September

    14 July 2015

    East Africa’s largest economy is expected to introduce a mining law in September to attract international mining companies to the country and help this sector to grow.

  • Price Briefing 3 – 9 July

    10 July 2015

    Acidspar and graphite prices remain volatile; Tronox bumps up soda ash.

  • Tata Chemicals' Kenyan soda ash operations hurt by water pollution

    09 July 2015

    The company’s Magadi soda ash project is being affected by water pollution from soil particles that have fallen into Lake Magadi, lowering the quality of soda ash extracted from the deposit. This has upset its customers and is the latest setback at the facility, which has been trying to get back to business after recovering from a “painful restructuring”.

  • Tronox to increase soda ash prices from September

    08 July 2015

    Energy surcharge and freight policies to remain in place for Wyoming-sourced material.

  • Rohit Surfactants to launch soda ash plant in Gujarat in 2016

    06 July 2015

    The company is planning to compete with its Indian rival Nirma and open a soda ash plant in Gujarat to increase its presence in the growing detergents market.