Transaction Overview On July 20, 2015, OCI Enterprises Inc. announced its intent to sell its interest in OCI Resources LP to Park Holding A.S. (Park Holdings), a subsidiary of Ciner Group of Istanbul, Turkey. The transaction…
About Ciner Group Established in 1978, Ciner Group is primarily active in energy, mining, shipping and media and is one of the largest conglomerates in Turkey Energy, Mining and Media Shipping Glass Coal & Copper Mining…
About Eti Soda Eti Soda, produces natural soda ash and sodium bicarbonate from the worlds second largest trona reserve Etis trona mine is located in the Beypazar district of Ankara and utilizes solution mining The trona solution…
Transaction Rationale Provides OCI Enterprises the capital to continue to develop its solar photovoltaics business in North America Significantly expands Ciner Groups Soda Ash business and market share. Combined entity will be…