Ciner Resources has been mining high-quality, environmental-friendly soda ash from Green River, Wyoming and distributing it around the world since 1962. Today, we own 51% of the Big Island Mine and Production Facility where trona is mined and naturally transformed into an everyday product that is used in a variety of global industries, including glass manufacturing, pulp processing, specialty chemicals, and food manufacturing.
Ciner released its initial public offering (IPO) in September of 2013. Over the years, Ciner Resources has raised its quarterly distribution by more than 13% and remains committed to growing annualized distribution moving forward. Our experienced Board of Directors provide oversight of our operations and activities, establishing necessary audit and conflict committees for continued investment success.
On Friday, July 29, 2016, Kirk Milling, President and CEO of Ciner, along with the Board of Directors and key management were invited to ring The NYSE Closing Bell® to officially celebrate our purchase of OCI Chemical Corporation and the change of our NYSE ticker to ‘CINR’. Ringing the closing bell was an honor that not only signified the end of the trading day at the stock exchange, but commemorated a significant moment in Ciner’s history.
The NYSE is considered the largest equities-based exchange in the world, based on total market capitalization of its listed securities. On average, over one billion shares are traded each day. The NYSE has been the gateway to generations of epic adventures and breakthroughs, helping companies raise the capital that raises the world.
Ciner is honored to be a member of the oldest, largest, and most prestigious stock exchange in the world. Our all-natural approach provides us with a sustainable cost advantage over competitors that manufacture soda ash synthetically with chemicals. In addition, the lower cost profile allows Ciner to ship soda ash all over the world, while remaining competitive with global synthetic producers. In addition to continuing to supply the world with all-natural soda ash, we look forward to sharing our successes with the world on the NYSE.