Genesis Energy to Expand Soda Ash Production

October 1st, 2019 by Editor

Genesis Energy LP (Genesis), a midstream energy and minerals company, announced plans to expand soda ash production operations at its Wyoming facility. The expansion comes through a $350 million investment financed by a Kirkland-led GSO Capital Partners (GSO) preferred equity commitment.

Genesis says the production of soda ash, which is frequently used for glass products, is projected to increase by about 750,000 tons per year. The expansion is set to begin at the end of the year with additional products available to the market around 2022.

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