OverviewSuggest Edit

Ciner Resources Corporation is one of the world’s largest producers of natural soda ash. Ciner uses an all-natural, environmentally-friendly mining process that produces a pure, high-quality product every day. The Company processes trona ore into soda ash, a raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products.

TypePublic
Founded1962
HQAtlanta, US
Websiteciner.us.com

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Latest Updates

Employees (est.) (Dec 2018)488(+3%)
Job Openings4
Revenue (FY, 2019)$522.8 M(+8%)
Share Price (Oct 2020)$12.3 (-3%)
Cybersecurity ratingAMore

Key People/Management at Ciner Resources

Oğuz Erkan

Oğuz Erkan

Chairman, President and CEO
Eduard Freydel

Eduard Freydel

Vice President of Finance
Atilla Ciner

Atilla Ciner

Director
Gürsel Usta

Gürsel Usta

Director
Ahmet Tohma

Ahmet Tohma

Director
Thomas W. Jasper

Thomas W. Jasper

Independent Director
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Ciner Resources Office Locations

Ciner Resources has offices in Atlanta and Green River
Atlanta, US (HQ)
5 Concourse Pkwy
Green River, US
254 County Road 4
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Ciner Resources Financials and Metrics

Ciner Resources Revenue

Ciner Resources's revenue was reported to be $522.80 m in FY, 2019
USD

Revenue (Q2, 2020)

76.2m

Gross profit (Q2, 2020)

8.5m

Gross profit margin (Q2, 2020), %

11.2%

Net income (Q2, 2020)

(5.4m)

Market capitalization (16-Oct-2020)

242.5m

Closing stock price (16-Oct-2020)

12.3

Cash (30-Jun-2020)

17.3m

EV

371.3m
Ciner Resources's current market capitalization is $242.5 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

486.7m522.8m

Revenue growth, %

102%5%(2%)

Cost of goods sold

349.0m347.7m356.1m361.7m383.8m383.4m391.9m

Gross profit

103.3m130.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

109.9m123.4m130.4m129.8m137.2m114.4m76.2m

Cost of goods sold

79.4m84.0m79.9m76.3m82.4m85.6m79.2m80.2m81.7m83.9m91.4m89.0m88.0m86.4m88.7m90.0m90.2m90.6m93.9m86.6m67.7m

Gross profit

21.2m33.4m40.2m39.2m43.3m27.8m8.5m

Gross profit Margin, %

19%27%31%30%32%24%11%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

46.9m31.0m20.4m19.7m30.2m10.2m14.9m

Accounts Receivable

33.4m34.2m36.9m36.0m

Prepaid Expenses

1.2m1.8m2.2m1.8m2.0m

Inventories

41.7m43.2m26.4m19.0m19.8m22.3m24.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

106.8m35.4m46.4m56.2m36.4m19.2m13.7m22.9m16.8m29.6m11.4m15.8m13.8m22.1m20.9m26.6m17.5m9.4m12.2m51.4m17.3m

Accounts Receivable

88.3m32.6m33.0m31.4m35.4m30.8m37.4m42.1m38.8m41.4m35.3m39.6m44.6m33.9m

Prepaid Expenses

1.5m600.0k1.9m2.5m1.3m1.8m1.5m1.1m1.7m1.2m1.6m2.0m1.5m1.8m2.1m1.4m

Inventories

44.7m42.3m44.0m46.7m49.3m26.3m29.7m28.3m26.7m24.6m22.6m20.8m20.2m24.8m22.4m21.9m31.0m34.4m
USDQ3, 2013

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x
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Ciner Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Ciner Resources Online and Social Media Presence

Embed Graph

Ciner Resources News and Updates

Ciner Resources to Exit ANSAC

WESTPORT, Conn., Nov. 12, 2018 /PRNewswire/ -- Ciner Resources Corporation ("Ciner Resources") provided notification on November 9, 2018, that it has exercised its right to withdraw from American Natural Soda Ash Corp. ("ANSAC"). Ciner Resources will exit effective December 31, 2021, with ...

Ciner Resources Blogs

Soda Ash Spotlight: Chemical Processing Industry

Ciner Resources Corporation mines, processes, and ships one of the most widely used and important commodities in the United States—soda ash. To date, the chemical industry accounts for approximately 15% of annual soda ash produced. Sodium carbonate, or soda ash, is a natural source of sodium ions wh…

Soda Ash Spotlight: The Building Industry

MarketWatch.com (View article) reports that “Soda ash is an essential material used in the manufacturing of glass, detergents, chemicals and various industrial products….Increasing demand for end-user industries namely automobile and building & construction in US and Canada is expected to fuel t…

Safety And Quality In Everything We Do

At Ciner Resources, we are not only dedicated to supplying the world with superior soda ash, we are also committed to the safety of our employees and our surroundings, including the communities and environment where we live and work. At every level, we nurture a culture founded on safety, integrity,…

Soda Ash Spotlight: The Detergent Industry

Soda ash can vary in density, size, and shape. This flexibility allows it to be used in a variety of everyday products, like detergents and soaps. The detergent industry utilizes medium dense or lighter grades of Ciner soda ash to create a variety of common household products found in the laundry ro…

Soda Ash Spotlight: The Glass Manufacturing Industry

Ciner Resources Corporation mines, processes, and ships one of the most widely used and important commodities in the U.S.—soda ash. The naturally occurring raw material is used in a variety of industries and applications world-wide, including glass manufacturing, dry powder detergents (laundry, auto…

From Wyoming To The World

Ciner (pronounced ‘jin-ner’) Resources Corporation, formerly OCI Chemical Corporation, is one of the world’s largest producers of natural soda ash. We are headquartered in Atlanta, Georgia, with our state-of-the-art production facility located in Green River, Wyoming, but we ship our soda ash produc…
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Ciner Resources Frequently Asked Questions

  • When was Ciner Resources founded?

    Ciner Resources was founded in 1962.

  • Who are Ciner Resources key executives?

    Ciner Resources's key executives are Oğuz Erkan, Eduard Freydel and Atilla Ciner.

  • How many employees does Ciner Resources have?

    Ciner Resources has 488 employees.

  • What is Ciner Resources revenue?

    Latest Ciner Resources annual revenue is $522.8 m.

  • What is Ciner Resources revenue per employee?

    Latest Ciner Resources revenue per employee is $1.1 m.

  • Who are Ciner Resources competitors?

    Competitors of Ciner Resources include APC, TITANOBEL and Incitec Pivot.

  • Where is Ciner Resources headquarters?

    Ciner Resources headquarters is located at 5 Concourse Pkwy, Atlanta.

  • Where are Ciner Resources offices?

    Ciner Resources has offices in Atlanta and Green River.

  • How many offices does Ciner Resources have?

    Ciner Resources has 2 offices.