It is stated that Sisecam Chemical Resources LLC (SCR) has made an offer to the Board of Directors of Sisecam Resource Partners, the general partner of Sisecam Resources LP, to purchase all existing joint units representing limited partner interests that Sisecam Chemical Resources LLC or its subsidiaries do not currently hold for $17.90 per unit.
Sisecam Chemical Resources LLC (SCR) submitted an offer to acquire Sisecam Resource Partners, the general partner of Sisecam Resources LP.
Accordingly, Sisecam Chemical Resources LLC (SCR) has made an offer to the Board of Directors of Sisecam Resource Partners, the general partner of Sisecam Resources LP, to purchase all existing partner units representing limited partner interests that Sisecam Chemical Resources LLC or its subsidiaries currently do not hold for $17.90 per unit.
Sisecam and Ciner Group had previously decided to change the name of their cooperation regarding their soda business operations in the USA.
Ciner Resources LP announced that the name of the cooperation here was changed to Sisecam Resources LP in connection with the 60% operation previously transferred to Sisecam.
Source: Haberturk / Translated by Irem Yildiz