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.
| Type | Public | |
| Founded | 1962 | |
| HQ | Atlanta, US | Map |
| Website | ciner.us.com |
Key People/Management at Ciner Resources
Oğuz Erkan
Chairman, President and CEO
Eduard Freydel
Vice President of Finance
Atilla Ciner
Director
Gürsel Usta
Director
Ahmet Tohma
Director
Thomas W. Jasper
Independent Director
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
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
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 109.9m | 123.4m | 130.4m | 129.8m | 137.2m | 114.4m | 76.2m | ||||||||||||||
Cost of goods sold | 79.4m | 84.0m | 79.9m | 76.3m | 82.4m | 85.6m | 79.2m | 80.2m | 81.7m | 83.9m | 91.4m | 89.0m | 88.0m | 86.4m | 88.7m | 90.0m | 90.2m | 90.6m | 93.9m | 86.6m | 67.7m |
Gross profit | 21.2m | 33.4m | 40.2m | 39.2m | 43.3m | 27.8m | 8.5m | ||||||||||||||
Gross profit Margin, % | 19% | 27% | 31% | 30% | 32% | 24% | 11% |
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 106.8m | 35.4m | 46.4m | 56.2m | 36.4m | 19.2m | 13.7m | 22.9m | 16.8m | 29.6m | 11.4m | 15.8m | 13.8m | 22.1m | 20.9m | 26.6m | 17.5m | 9.4m | 12.2m | 51.4m | 17.3m |
Accounts Receivable | 88.3m | 32.6m | 33.0m | 31.4m | 35.4m | 30.8m | 37.4m | 42.1m | 38.8m | 41.4m | 35.3m | 39.6m | 44.6m | 33.9m | |||||||
Prepaid Expenses | 1.5m | 600.0k | 1.9m | 2.5m | 1.3m | 1.8m | 1.5m | 1.1m | 1.7m | 1.2m | 1.6m | 2.0m | 1.5m | 1.8m | 2.1m | 1.4m | |||||
Inventories | 44.7m | 42.3m | 44.0m | 46.7m | 49.3m | 26.3m | 29.7m | 28.3m | 26.7m | 24.6m | 22.6m | 20.8m | 20.2m | 24.8m | 22.4m | 21.9m | 31.0m | 34.4m |
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 45.2m | 21.6m | 42.7m | 64.3m | 26.5m | 51.0m | 77.9m | 21.1m | 42.9m | 22.4m | 39.9m | 59.2m | 20.9m | 55.4m | 74.4m | 25.2m | 49.0m | 78.9m | 14.2m | 8.8m | |
Depreciation and Amortization | 18.1m | 5.4m | 11.4m | 16.8m | 5.7m | 11.6m | 17.4m | 6.3m | 12.8m | 19.6m | 6.8m | 13.4m | 20.5m | 6.8m | 14.3m | 21.7m | 6.3m | 13.3m | 20.2m | 6.5m | |
Inventories | (2.6m) | (600.0k) | (2.3m) | (4.8m) | (6.0m) | (4.8m) | (7.4m) | (2.1m) | (600.0k) | 1.6m | (300.0k) | 800.0k | 800.0k | (3.2m) | (1.5m) | (900.0k) | (2.1m) | (300.0k) | (5.5m) | (9.5m) | |
Accounts Payable | (3.8m) | (3.9m) | (2.8m) | (3.6m) | 2.9m | 1.5m | 1.6m | (300.0k) | 1.0m | 2.1m | 1.8m | 1.7m | 3.4m | 5.2m | (600.0k) | 2.2m | 2.2m | (3.8m) | (1.2m) | 4.4m | (4.2m) |
| USD | Q3, 2013 |
|---|---|
Debt/Equity | 0.7 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.3 x |
Ciner Resources Cybersecurity Score
Ciner Resources Online and Social Media Presence
Ciner Resources's Trends
Ciner Resources News and Updates
November 12, 2018
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
April 01, 2019
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…
March 01, 2019
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…
February 01, 2019
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,…
January 01, 2019
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…
December 01, 2018
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…
November 01, 2018
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…
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies