Şişecam and Ciner Group, Turkish-origin global companies, will co-invest $4 billion in the U.S. soda ash industry, according to a press release. As part of the new investment plan, Şişecam will become a 60% shareholder by acquiring an additional share in the Pacific natural soda ash development project. In addition, Şişecam will also purchase a 60% share in the Atlantic Project and Ciner Resources, the existing natural soda ash production facility of Ciner Group in Wyoming.
The Ciner Resources Wyoming Plant, built in 1962, has a current production capacity of about 2.5 million metric tons per year. The Pacific and Atlantic development projects, with a targetted combined production capacity of about 5 million metric tons per year, are expected to start production during 2025 and reach full capacity by 2027.
“With these investments, Şişecam’s controlled soda ash production capacity will exceed 10 million metric tonnes, compared to the existing capacity of 2.5 million metric tonnes today,” says Ahmet Kırman, chairman of Şişecam. “The plan also includes the establishment of the largest soda ash production facility globally in a single location.”
When compared to synthetic soda ash production, producing natural soda ash provides a decrease of approximately 50% both in carbon intensity and water consumption, according to the company.
“This ecologically friendly natural soda ash production is perfectly aligned with Şişecam’s long term sustainability-oriented perspective,” Kırman says.