Turkey’s Sisecam to buy 60% of U.S. based soda ash facility for $450 mln
Written by Black Hot Fire Network on November 20, 2021
ANKARA, Nov 20 (Reuters) - Turkish glassmaker Sisecam said on Saturday it would buy 60% of Ciner Group's soda business operations in the United States for a total of $450 million dollars, including all costs.
In a statement, Sisecam said it would buy a 60% stake in Ciner Resources Corporation. The entity holds a 74% interest in Ciner Resources LP, which in turn holds 51% in Ciner Wyoming USA, a fully . . .
