Private company
Sisecam Resources LP
Mining and Quarrying of Nonmetallic Minerals company1
In its 2023 annual report the company says: “The Partnership owns a controlling interest comprised of 51.0% membership interest in Sisecam Wyoming, which is one of the largest and lowest cost producers of natural soda ash in the world, serving a global market from our facility in the Green River Basin of Wyoming. Our facility has been in operation for more than 60 years. We process trona ore into soda ash, which is an essential raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products.”64 It is headquartered in Atlanta, Georgia.1
Last updated Oct 21, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue78¢$558.2M
- Other costs4¢$28.1M
- Interest1¢$5.8M
- Profit18¢$128.0M
Out of $720.1M in revenue.2
Where each dollar of operating cash went, fiscal 2022
- Kept or used elsewhere100¢$122.2M
Out of $122.2M of cash from operations.2
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $475.2M4 | $497.3M5 | $486.7M6 | $522.8M7 | $392.2M2 | $540.1M2 | $720.1M2 | |
| Cost of revenue | $356.1M8 | $361.7M4 | $383.8M5 | $383.4M6 | $391.9M7 | $338.1M2 | $460.1M2 | $558.2M2 |
| Gross profit | $130.3M8 | $113.5M4 | $113.5M5 | $103.3M6 | $130.9M7 | $54.1M2 | $80.0M2 | $161.9M2 |
| Selling, general and admin | $4.3M9 | $4.6M9 | ||||||
| Operating expenses | $23.5M2 | $28.0M2 | ||||||
| Operating income | $110.1M8 | $89.9M4 | $89.5M5 | $106.3M6 | $107.1M7 | $32.4M2 | $56.5M2 | $133.9M2 |
| Interest | $4.0M8 | $3.6M4 | $4.6M5 | $5.1M6 | $5.9M7 | $5.3M2 | $5.0M2 | $5.8M2 |
| Income tax | $013 | |||||||
| Net income | $51.5M9 | $41.4M9 | $86.4M5 | $103.0M6 | $101.6M7 | $26.9M2 | $51.4M2 | $128.0M2 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash | $20.4M4 | $19.7M4 | $30.2M4 | $10.2M5 | $14.9M6 | $500.0K7 | $2.7M2 | $21.3M2 |
| Receivables | $116.9M2 | $170.8M2 | ||||||
| Inventory | $30.1M2 | $47.7M2 | ||||||
| Current assets | $146.9M9 | $136.0M8 | $184.3M4 | $141.5M5 | $172.3M6 | $165.2M7 | $208.0M2 | $341.5M2 |
| Property, plant and equipment | $304.2M2 | $298.9M2 | ||||||
| Total assets | $423.2M9 | $413.1M8 | $453.2M4 | $434.6M5 | $494.3M6 | $498.0M7 | $543.3M2 | $671.9M2 |
| Accounts payable | $21.9M2 | $37.1M2 | ||||||
| Short-term debt | $8.6M2 | $8.8M2 | ||||||
| Current liabilities | $43.2M9 | $55.5M8 | $56.6M4 | $64.6M5 | $56.3M6 | $55.9M7 | $73.8M2 | $111.6M2 |
| Long-term debt | $110.0M9 | $89.4M8 | $138.0M4 | $99.0M5 | $129.5M6 | $128.1M7 | $115.0M2 | $128.2M2 |
| Total liabilities | $160.0M9 | $153.9M8 | $205.0M4 | $174.5M5 | $194.4M6 | $192.7M7 | $198.6M2 | $255.9M2 |
| Shareholders’ equity | $156.0M9 | $153.3M8 | $148.4M4 | $153.9M5 | $172.7M6 | $174.2M7 | $195.0M2 | $230.9M2 |
Corporate structure
Sisecam Resources LP sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Sisecam Resources LP
- Ciner Enterprises Inc. Filed SC 13D/A on Sisecam Resources LP, latest May 26, 2023 (3 filings since Jul 8, 2022)
- Sisecam Chemicals USA Inc. Filed SC 13D/A on Sisecam Resources LP, latest May 26, 2023 (4 filings since Dec 30, 2021)
- Sisecam Resources LP Atlanta, Georgia
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Sisecam Resources LP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Computer equipment and software | $5.7M7 Dec 31, 2021 | $5.7M7 Dec 31, 2020 | 0% |
| Property and equipment, before depreciation | $1.0B2 Dec 31, 2022 | $953.3M2 Dec 31, 2021 | +5.4% |
| Accumulated depreciation | $736.1M2 Dec 31, 2022 | $708.7M2 Dec 31, 2021 | +3.9% |
| Property and equipment, net | $298.9M2 Dec 31, 2022 | $304.2M2 Dec 31, 2021 | −1.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $21.3M2 Dec 31, 2022 | $2.7M2 Dec 31, 2021 | +688.9% |
Inventory
Leadership
Who has led Sisecam Resources LP, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief executive officerErtugrul Kaloglu Apr 18, 2022 to Apr 18, 202215
- Chief executive officerOguz Erkan Sep 24, 2019 to Mar 2, 202216
- Chief executive officerKirk H. Milling Sep 12, 2013 to Mar 19, 201917
- Chief financial officerMehmet Nedim Kulaksizoglu Apr 5, 2022 to Apr 5, 202218
- Chief financial officerKevin L. Kremke Jun 6, 2014 to Mar 16, 201719
- Chief financial officerChoungho Kim Sep 12, 2013 to Sep 12, 201320
Board members and other officers (29)
- VP, Commercial & Corp StrategyRaymond Katekovich Mar 6, 2020 to May 26, 202321
- V.P., Gen. Counsel & SecretaryMarla Nicholson Mar 17, 2020 to May 26, 202322
- Vice President, FinanceEduard Freydel Jan 3, 2019 to Jul 27, 202123
- Chief Accounting OfficerChristopher Lee Deberry Aug 2, 2017 to May 26, 202324
- Board memberHuseyin Kuscu Jan 13, 2022 to Jan 13, 202225
- Board memberAbdullah Kilinc Jan 14, 2022 to Jan 14, 202226
- Board memberGokhan Guralp Jan 14, 2022 to Jan 14, 202227
- Board memberGorkem Elverici Jan 14, 2022 to Jan 14, 202228
- Board memberHande Eroz Jan 14, 2022 to Jan 14, 202229
- Board memberSelma Oner Jan 14, 2022 to Jan 14, 202230
- Board memberTahsin Burhan Ergene Jan 14, 2022 to Jan 14, 202231
- Board memberEbru Sapoglu Aug 16, 2022 to Aug 16, 202232
- Board memberGursel Usta Jun 24, 2019 to Jun 24, 201933
- Board memberRecep Bastug Jun 24, 2019 to Jun 24, 201934
- Board memberAhmet Tohma Oct 21, 2019 to Oct 21, 201935
- Board memberMatthew Hansen Mead Dec 23, 2019 to Dec 23, 201936
- Board memberAlec Gilbert Dreyer Jul 5, 2018 to May 26, 202337
- Board memberAtilla Ciner Oct 24, 2017 to Oct 24, 201738
- Board memberThomas W. Jasper Jan 11, 2016 to May 26, 202339
- Board memberOguz Erkan Jul 28, 2016 to May 26, 202340
- Board memberKevin L. Kremke Apr 2, 2015 to Mar 16, 201741
- Board memberCeyda Pence Nov 2, 2015 to Nov 2, 201542
- Board memberDogan Pence Nov 2, 2015 to May 3, 201743
- Board memberMichael E. Ducey Sep 11, 2014 to May 26, 202344
- Board memberJaeyong Yang Dec 16, 2014 to Dec 16, 201445
- Board memberKirk H. Milling Sep 12, 2013 to Mar 19, 201917
- Board memberAngela A. Minas Dec 16, 2013 to Apr 3, 201746
- General counselMarla Nicholson Nov 4, 2019 to Nov 4, 201947
- General counselNicole C. Daniel Sep 12, 2013 to Mar 19, 201948
Former names
Timeline
- May 26, 20238-K Entered a material agreement; Completed an acquisition or sale; Listing notice or transfer49
- May 19, 20238-K Regulation FD disclosure50
- May 1, 20238-K Results of operations; Regulation FD disclosure51
- Feb 1, 20238-K Entered a material agreement; Results of operations; Shareholder vote52
- Oct 28, 20228-K Other events53
- Aug 11, 20228-K Executive or director change54
- Aug 1, 20228-K Financial statements and exhibits55
- Jul 6, 20228-K Regulation FD disclosure56
- May 19, 20228-K Change of auditor57
- May 2, 20228-K Regulation FD disclosure58
- Apr 29, 20228-K Regulation FD disclosure59
- Apr 18, 2022New chief executive Ertugrul Kaloglu becomes CEO15
- Apr 14, 20228-K Executive or director change60
- Sep 24, 2019New chief executive Oguz Erkan becomes CEO16
- Sep 12, 2013New chief executive Kirk H. Milling becomes CEO17
Calendar
When it reported results
- May 1, 2023Reported quarterly or annual results51
- Feb 1, 2023Reported quarterly or annual results52
- Nov 3, 2021Reported quarterly or annual results61
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
94 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 24 major events, 33 insider forms, 9 large holders, 21 other. The latest 20:
- Jun 6, 202315-12G EDGAR
- May 26, 20234 EDGAR
- May 26, 20234 EDGAR
- May 26, 20234 EDGAR
- May 26, 20234 EDGAR
- May 26, 20234 EDGAR
- May 26, 20234 EDGAR
- May 26, 20234 EDGAR
- May 26, 20234 EDGAR
- May 26, 2023SC 13D/A EDGAR
- May 26, 2023SC 13D/A EDGAR
- May 26, 2023SC 13E3/A EDGAR
- May 26, 2023S-8 POS EDGAR
- May 26, 20238-K EDGAR
- May 19, 20238-K EDGAR
- May 3, 202310-Q EDGAR
- May 3, 2023SC 13E3/A EDGAR
- May 3, 2023DEFM14C EDGAR
- May 1, 20238-K EDGAR
- Apr 25, 2023SC 13E3/A SC 1E3/A EDGAR
The 94 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 26, 2023 | Sisecam Chemicals USA Inc.10% owner | Buy | 5,257,749 | $25.00 | $131.4M | Form 4 |
| Dec 21, 2021 | Kew Soda Ltd10% owner | Sale | 8,730,600 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Ciner Enterprises Inc.SC 13D/A, 3 filings Jul 8, 2022 to May 26, 202362
- Sisecam Chemicals USA Inc.SC 13D/A, 4 filings Dec 30, 2021 to May 26, 202363
SEC filer profile
How Sisecam Resources LP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSisecam Resources LP1
- CIK0001575051
- Employer ID (EIN)46-26133661
- Filer statusAccelerated filer1
- Fiscal year endsDecember 311
- Industry code (SIC)1400 Mining & Quarrying of Nonmetallic Minerals (No Fuels)1
- Business addressFive Concourse Parkway, Suite 2500, Atlanta, GA 303281
- Phone770-375-23001
- Public float$88.7M as of Jun 30, 20222
- On EDGAR sinceMay 9, 20131
- Filings429 in all: 4 (134), 8-K (125), 3 (39), 10-Q (29), SC 13D/A (15), CORRESP (14), UPLOAD (12), 10-K (10)1
All 35 form types
4/A (6), SC 13E3/A (6), S-1/A (5), 8-K/A (4), SC 13G/A (3), DRSLTR (2), EFFECT (2), PRER14C (2), SC 13D (2), SC 13G (2), 15-12G (1), 25-NSE (1), 424B4 (1), 5 (1), 8-A12B (1), CERTNYS (1), DEFM14C (1), DRS (1), DRS/A (1), FWP (1), NT 10-K (1), PREM14C (1), S-1 (1), S-3 (1), S-8 (1), S-8 POS (1), SC 13E3 (1)
- Latest filingsAnnual report (10-K) Mar 31, 2023
Quarterly report (10-Q) May 3, 2023
Latest 8-K (8-K) May 26, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGAROguz Erkan, Chief executive officer
- 17
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- 25SEC EDGARHuseyin Kuscu, Board member
- 26SEC EDGARAbdullah Kilinc, Board member
- 27SEC EDGARGokhan Guralp, Board member
- 28SEC EDGARGorkem Elverici, Board member
- 29SEC EDGARHande Eroz, Board member
- 30SEC EDGARSelma Oner, Board member
- 31SEC EDGARTahsin Burhan Ergene, Board member
- 32SEC EDGAREbru Sapoglu, Board member
- 33SEC EDGARGursel Usta, Board member
- 34SEC EDGARRecep Bastug, Board member
- 35SEC EDGARAhmet Tohma, Board member
- 36SEC EDGARMatthew Hansen Mead, Board member
- 37SEC EDGARAlec Gilbert Dreyer, Board member
- 38SEC EDGARAtilla Ciner, Board member
- 39SEC EDGARThomas W. Jasper, Board member
- 40SEC EDGAROguz Erkan, Board member
- 41SEC EDGARKevin L. Kremke, Board member
- 42SEC EDGARCeyda Pence, Board member
- 43SEC EDGARDogan Pence, Board member
- 44SEC EDGARMichael E. Ducey, Board member
- 45SEC EDGARJaeyong Yang, Board member
- 46SEC EDGARAngela A. Minas, Board member
- 47SEC EDGARMarla Nicholson, General counsel
- 48SEC EDGARNicole C. Daniel, General counsel
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- 50SEC EDGARRegulation FD disclosure
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- 52
- 53SEC EDGAROther events
- 54SEC EDGARExecutive or director change
- 55SEC EDGARFinancial statements and exhibits
- 56SEC EDGARRegulation FD disclosure
- 57SEC EDGARChange of auditor
- 58SEC EDGARRegulation FD disclosure
- 59SEC EDGARRegulation FD disclosure
- 60SEC EDGARExecutive or director change
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