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Chemical Week Magazine :: Business & Finance :: United States/Americas

Soda ash producer OCI Resources details $100-million IPO

6:19 AM MDT | September 6, 2013 | —Clay Boswell

OCI Resources (Atlanta), the majority-owned US soda ash operations of OCI (Seoul), has announced the launch of its initial public offering on the New York Stock Exchange. Founded earlier this year to operate the trona ore mining and soda ash production business of OCI, OCI Resources is offering a 25.1% limited partner interest in the form of 5 million common units. The company expects the shares to be priced at $19–21 each, for a total value of about $100 million. The ticker symbol will be OCIR. OCI Resources owns a controlling 40.98% general partner...

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