September 7, 2017
Genesis Alkali to raise prices for sodium bicarbonate
Genesis Alkali, a business of Genesis Energy, L.P., has announced that effective immediately or as contract terms permit, off-list prices will increase for their feed-grade sodium bicarbonate to US$20/ton FOB Westvaco, WY.
The company cites increasing costs associated with production, investment in manufacturing infrastructure and ongoing increases in regulatory requirements and compliance as driving the need for the price adjustment.
Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis' operations include offshore pipeline transportation, onshore facilities and transportation, refinery services, alkali soda ash and marine transportation. Genesis' operations are primarily located in Texas, Louisiana, Arkansas, Mississippi, Alabama, Florida, Wyoming and the Gulf of Mexico.