# Sisecam to buy 60% of Ciner Resources for $450M

Turkish glassmaker Sisecam will buy a 60% stake in Ciner Resources Corporation, which holds interests in a natural soda ash facility in Wyoming, USA, for $450 million.

- Type: Acquisition
- Announced: 2021-11-20
- Where: Wyoming, USA, United States
- Value: $450.0M
- Status: announced
- Capacity: 2.5 million tons per year
- Products: natural soda ash
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Sisecam Group](https://endata.com/companies/1193.md) (acquirer)
- [Ciner Resources Corporation](https://endata.com/companies/59155.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/turkeys-sisecam-buy-60-us-based-soda-ash-facility-450-mln-2021-11-20/), 2021-11-20: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.