Topic: How To Invest

Pat: What are your thoughts on OCI Resources? Thanks

Article Excerpt

OCI Resources, $24.50, symbol OCIR on New York (Shares outstanding: 9.8 million; Market cap: $483.7 million;, is a limited partnership that operates OCI Wyoming LP’s trona-ore mining and soda-ash production business. Through its facility in Wyoming’s Green River Basin, OCI Wyoming is one of the world’s largest and lowest-cost natural soda-ash producers. OCI Resources listed on the New York exchange and sold shares to the public on September 18, 2013, at $19 each. The Green River operation mines trona, which is abundant in nature, and processes it into soda ash for a variety of consumable and industrial products, particularly glass, sodium-based chemicals and detergents. The Green River Basin has the world’s largest deposit of natural trona and supplies over 90% of U.S. soda ash production. The facility has been operating for more than 50 years and has roughly 75 customers, including manufacturers and chemical producers. In the …

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