HOUSTON--(BUSINESS WIRE)--Genesis Alkali, a business of Genesis Energy, L.P. (NYSE: GEL), announced today that, effective immediately or as contract terms permit, off-list prices will increase for S-Carb®, purified Sodium Sesquicarbonate, and feed grade Sodium Bicarbonate as follows:
|S-Carb®||$15/ton FOB Westvaco, WY|
|Feed Grade Sodium Bicarbonate||$20/ton FOB Westvaco, WY|
Increasing costs associated with production, investment in manufacturing infrastructure and ongoing increases in regulatory requirements and compliance are driving the need for this price adjustment.
As always our first commitment is to safely producing high quality Animal Nutrition products and meeting our customers’ needs as a reliable supplier. We are proud to be an active member of the Animal Nutrition Industry with a goal of safely feeding the world.
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.