Evercore Investment Banking Pitch Book
Soda Ash Market Background
Domestic Soda Ash Market Overview
Overview
The U.S. soda ash industry is comprised of four
companies in Wyoming operating five plants and one
company in California operating one plant
The five producers have a combined annual capacity of
13.3 million metric tons
The majority of the world's trona reserves are located in
the Green River Basin, Wyoming and approximately 25%
of global soda ash is produced by processing trona, with
the remainder being produced synthetically through
chemical processes
Primary uses include as a raw material input for flat
glass, container glass, detergents, chemicals, paper and
other consumer and industrial products
Domestic production of soda ash returned to pre-Covid
levels in 2021 and domestic consumption of soda ash
exceeded pre-Covid levels
2021 U.S. Capacity by Producer
Company
Genesis Alkali Wyoming LP
Sisecam Resources LP
Solvay Chemicals, Inc
Tata Chemicals Partners
Nirma, LTD
Total
Source: U.S. Geological Survey, IHS Markit
EVERCORE
Capacity (Mmt)
3.2
2.7
3.4
2.7
1.4
13.3
Tata
Chemicals
Partners
20.1%
Nirma,
LTD
10.4%
Solvay
Chemicals, Inc
25.4%
8
Metric Tons (MM)
14.0
12.0
10.0
8.0
6.0
4.0
2.0
U.S. Production and Consumption of Soda Ash
12.0
2017
Genesis Alkali
Wyoming LP
23.9%
5.0
Sisecam
Resources LP
20.1%
Confidential - Preliminary and Subject to Change
11.9
5.0
11.7
4.8
2018
2019
■ Production ■ Consumption
Misc.
8.0%
Soap &
Detergents
5.0%
Distributors
5.0%
10.0
Chemicals
28.0%
4.5
End User Consumption
Flue Gas Pulp & Paper
Desulfurization 1.0%
3.0%
2020
12.0
Water
Treatment
1.0%
2021
5.4
Glass
49.0%
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