ANSAC Increases Export Prices by US$25.00 per Metric Ton 10 Jun 2024, 1:44 pm

WESTPORT – (BUSINESS WIRE) – Effective July 1, 2024, American Natural Soda Ash Corporation (“ANSAC”) announced today that it is raising export prices US$25.00/MT on all non-contract sales of soda ash, and on contracted sales when contracts allow.

“We are seeing a tightening of the global soda ash supply environment, leading to an increase in demand for our soda ash,” said ANSAC President Jeffrey Jacobson. For additional information customers are asked to contact their local ANSAC sales representative or distributor.

ANSAC operates as the export sales, marketing and logistics arm for Genesis Alkali, a leading producer of natural soda ash in the United States and a subsidiary of Genesis Energy, L.P. For more information on ANSAC, visit http://www.ansac.com/.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, soda and sulfur services, marine transportation and onshore facilities and transportation. Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

This press release includes forward-looking statements as defined under federal law. Although we believe that our expectations are based upon reasonable assumptions, no assurance can be given that our goals will be achieved. Actual results may vary materially. We undertake no obligation to publicly update or revise any forward-looking statement.

Contact:
Genesis Energy, L.P.
Dwayne Morley
VP – Investor Relations
(713) 860-2536

ANSAC Confirms Withdrawal of Tata from ANSAC Membership 3 Jan 2023, 2:23 pm

ANSAC Now Wholly Owned by Genesis Alkali

ANSAC Retains Exclusive Control of Portland Terminal 4

WESTPORT, Conn., January 3, 2023 /PRNewswire/ — As previously announced, American Natural Soda Ash Corp. (“ANSAC”) confirms that Tata Chemicals (Soda Ash) Partners (“Tata”) has withdrawn as an owner/member of ANSAC effective December 31, 2022.  Tata, which operates a single, stand-alone soda ash production facility in Wyoming, with total stated annual capacity of approximately 2.5 million tons, has assumed sole responsibility for the sales, marketing and logistics requirements for all of its international exports out of the U.S.

As a result of Tata’s withdrawal, ANSAC is now a wholly owned subsidiary of Genesis Alkali Wyoming, L.P. (“Genesis Alkali”).  ANSAC, however, will retain responsibility for Genesis Alkali’s export sales through ANSAC’s existing logistical assets, including its sole control of all planning, loading, storage, timing of shipments and other logistics activities through its exclusively dedicated Terminal 4 at the Port of Portland, Oregon.

ANSAC’s unparalleled 38-year history as the highest quality and most reliable sales and logistics partner for soda ash exported from the U.S. will continue. It will be supported by Genesis Alkali’s industry leading supply of approximately 4.8 million tons per annum from its two distinct production facilities in Wyoming: Westvaco, with total annual capacity of approximately 3.5 million tons and Granger, when fully ramped from its recent expansion, with total annual capacity of approximately 1.3 million tons.  The new tons from Granger will provide ANSAC with essentially the same total tons to sell to its customers that it had prior to Tata’s withdrawal.

ANSAC and Genesis Alkali will continue our mission to provide customers with the highest quality, naturally produced soda ash with the most reliable service given our logistics footprint and multiple supply sources.  The employees of ANSAC and Genesis Alkali, as well as their global supply chain and logistics partners, remain dedicated to offering our customers security of supply, product quality, logistics efficiency, supply chain optimization and continuous improvement in all the above.

About ANSAC

Established in 1984, ANSAC operates as the export sales, marketing and logistics arm for Genesis Alkali, a leading producer of natural soda ash in the United States. In 2022, ANSAC exported approximately 3 million metric tons of high quality, environmentally friendlier natural soda ash, making ANSAC the largest North American soda ash exporter and one of the largest in the world.  This provides ANSAC’s customers with the ability to reliably produce superior products in end use industries such as glass, detergent, chemicals, water treatment and lithium batteries.

For more information on ANSAC, visit http://www.ansac.com/

CONTACT: Dowling & Associates, (914) 714-0585

ANSAC Announces Natural Gas Surcharge 29 Oct 2021, 12:02 pm

Effective January 1, 2022, ANSAC will implement a natural gas surcharge on all shipments of soda ash to our customers and distributors globally. The amount of the surcharge will be calculated as follows:

• 45 days prior to the beginning of each calendar quarter (or the next business day if the 45th day is not a business day), ANSAC will calculate the forward average of the NYMEX Henry Hub Index for natural gas pricing for the upcoming quarter, as published by the U.S. Energy Information Administration (https://www.eia.gov/dnav/ng/ng_pri_fut_s1_d.htm), by averaging the forward contract pricing for each month of the upcoming quarter.
• ANSAC will then apply a natural gas surcharge to all sales of soda ash shipments dispatched during the upcoming quarter based on the average forward contract prices for natural gas for the upcoming quarter, using the following schedule:

For example, if, on November 17, 2021 (45 days prior to Q1 2022), forward contract prices for natural gas for the months of January, February and March 2022 are $5.40, $5.50, and $5.60, respectively, the average would be $5.50/MMBTU and a Soda Ash Surcharge of $2.00/MT would be applied for shipments dispatched during Q1 2022. You will note that despite the significant recent increase in natural gas prices, no surcharge will be applied so long as natural gas prices remain below $5.00/MMBTU.

We trust that you can understand the need for us to pass through at least a portion of these unprecedented natural gas cost increases. Please contact your ANSAC sales representative should you have any questions.

Very truly yours,

Jeffrey S. Jacobson
President

ANSAC Announces Fuel Surcharge Effective July 1, 2021 30 Jun 2021, 8:24 pm

I wanted to reach out to each of our partners and provide some insight into what ANSAC and many of you are experiencing in the marketplace.

The global economic recovery from the COVID-19 lows of 2020 has been faster than predicted, with stronger than anticipated demand. As a result, demand has outstripped supply and worldwide supply chains have not been able to keep up. Not surprisingly this has caused a dramatic increase in the costs to transport products, as ocean freight costs (bulk vessel, containers and fuel) have all increased substantially. All signs indicate that the higher cost environment will stay with us for the foreseeable future, as has been reported by many of the banks and economists.

We therefore have no choice but to pass through a Vessel Fuel Surcharge on all sales to destinations served by ocean vessel freight (i.e., it will not apply to Mexico). The Vessel Fuel Surcharge will apply when the monthly average price for LSFO 0.5% in Singapore (“Singapore Average Price”) as reported by Platts Marine Fuel Bunker 0.5% (Ticker: MFSPD03) exceeds $US 380.00 per MT and will be effective as of July 1, 2021.

The Vessel Fuel Surcharge of $US 0.15/metric ton of soda ash will be applied for every $5.00/metric ton increase in the Singapore average price above $US 380.00/MT and will be added to all invoices for vessel shipments of soda ash dated on or after the 1st day of the second calendar month thereafter pursuant to the calculated Singapore average price.

For example, the Vessel Fuel Surcharge to be applied beginning July 1st would be based on the May Singapore average price. The May Singapore average was $490.17/MT, the July Vessel Fuel Surcharge added to the invoice would be $US 3.45/MT of soda ash. If Platts ceases reporting of the monthly average price of 0.5% LSFO available in Singapore, ANSAC will adopt a suitable replacement source of price and/or measure.

If you have any questions about this program, please contact your local ANSAC sales representative.

Thank you and best regards,

Jeffrey S. Jacobson
President

ANSAC Announces Further Export Price Increase of US $25.00 per Metric Ton 3 Jun 2021, 8:24 pm

WESTPORT, Conn., June 3, 2021 /PRNewswire/ — Effective immediately, American Natural Soda Ash Corp. (ANSAC) is raising export prices a further US $25.00/MT on all non-contract sales of soda ash, and on contracted sales when contracts allow. This increase is in addition to the export price increase announced by ANSAC in March.

“We continue to see significant soda ash demand growth, leading to a tightening global soda ash supply environment,” said ANSAC President Jeffrey Jacobson.

For additional information please contact your local ANSAC sales representative or distributor.

ANSAC Announces Export Price Increase of US $25.00 per Metric Ton 10 Mar 2021, 8:23 pm

WESTPORT, Conn., March 10, 2021 /PRNewswire/ — Effective immediately, American Natural Soda Ash Corp. (ANSAC) is raising export prices US $25.00/MT on all non-contract sales of soda ash, and on contracted sales when contracts allow.

“As the world economy continues to rebound from the COVID-19 pandemic, we are seeing soda ash demand grow while, at the same time, ANSAC’s member companies have indicated that their supply volumes to ANSAC will likely remain relatively flat for the next several years, all of which is accelerating the tightening of the supply-demand balance,” comments ANSAC President Jeffrey Jacobson.

“As always, we will continue to provide cost-effective service and reliable supply to our customers while returning value to our member companies.”

For additional information please contact your local ANSAC sales representative or distributor.

About ANSAC

Established in 1984, ANSAC operates as the sales, marketing and logistics arm for leading producers of natural soda ash in the United States. In 2019, ANSAC will export approximately 4.4 million metric tons of high quality, environmentally friendlier natural soda ash, making ANSAC the largest soda ash exporter in the world. This provides ANSAC’s customers with the ability to reliably produce superior products in end use industries such as glass, detergent, chemicals, water treatment and lithium batteries.

For more information on ANSAC, visit https://www.ansac.com/

Ciner Resources to Exit ANSAC on December 31, 2020 12 Aug 2020, 8:27 pm

WESTPORT, Conn., July 31, 2020 /PRNewswire/ — American Natural Soda Ash Corp. (“ANSAC”) and Ciner Resources Corporation (“Ciner Resources”) have reached an agreement for Ciner Resources to exit ANSAC effective December 31, 2020, one year earlier than previously announced. This earlier exit was agreed to by Ciner Resources, ANSAC and ANSAC’s remaining members in order to allow for a more efficient transition to independently serving customers around the world.

Until the exit date, Ciner Resources will continue to meet its ANSAC membership obligations, which include utilizing ANSAC as Ciner Resources’ exclusive export sales outlet for U.S.-produced soda ash destined for territories served by ANSAC. Following its exit from ANSAC, Ciner Resources will assume direct responsibility for its export sales and related marketing and logistics requirements that are currently being provided by ANSAC. However, ANSAC has agreed to purchase a limited amount of volume from, and to provide certain logistics services to, Ciner Resources for a limited period after Ciner Resources’ exit.

“ANSAC’s remaining members are committed to the ANSAC organization and business model, as ANSAC enables us to provide overseas customers with high-quality product through a reliable and efficient supply chain,” said Edward Flynn, Chairman of the ANSAC Board of Directors and President of Genesis Alkali.

“Ciner Resources’ early departure will enable us to have a smoother transition from ANSAC while being able to accelerate our integration with Ciner Group’s global marketing and distribution network,” said Ciner Resources’ CEO, Oguz Erkan.

About ANSAC

Established in 1984, ANSAC operates as the sales, marketing and logistics arm for leading producers of natural soda ash in the United States. In 2019, ANSAC will export approximately 4.4 million metric tons of high quality, environmentally friendlier natural soda ash, making ANSAC the largest soda ash exporter in the world. This provides ANSAC’s customers with the ability to reliably produce superior products in end use industries such as glass, detergent, chemicals, water treatment and lithium batteries.

For more information on ANSAC, visit https://www.ansac.com/

About Ciner Resources Corporation

Ciner (pronounced ‘jin-ner’) Resources manages the trona ore mining and soda ash production business of Ciner Wyoming LLC, one of the world’s largest and lowest cost producers of natural soda ash, serving a global market from its state-of-the-art production facility located in Green River, Wyoming. The facility has been producing high-quality soda ash since 1962..

For more information on Ciner, visit http://www.ciner.us.com/

This press release contains forward-looking statements relating to the plans, objectives, future performance and business of ANSAC and Ciner Resources. Statements other than statements of historical facts included in this press release that address activities, events or developments that such party expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements contain words such as “possible,” “believe,” “should,” “could,” “would,” “predict,” “plan,” “estimate,” “intend,” “may,” “anticipate,” “will,” “if,” “expect” or similar expressions. Such statements are based only on such party’s respective current beliefs, expectations and assumptions regarding the future of such party’s respective business, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of such party’s control. Recipients are cautioned not to place undue reliance on any forward-looking statement because no forward-looking statement can be guaranteed. All forward-looking statements included in this press release are expressly qualified in their entirety by such cautionary statements. Unless required by law, each of ANSAC and Ciner Resources undertakes no duty and does not intend to update the forward-looking statements made herein to reflect new information or events or circumstances occurring after the date of this press release. All forward-looking statements speak only as of the date made.