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The company is part of the BIST 100 index of the 100 largest companies listet on the Istanbul stock exchange by market capitalization. Around 50% of shares are owned by İşbank. Şişecam owns the Paşabahçe chain of retail glassware and homeware stores. [3]
In 2015, Ciner acquired a majority stake in OCI Chemical Corporation, which was later renamed Ciner Resources Corporation. This company operates a soda ash facility in the Green River Basin in Wyoming, US. [9] In November 2021, Ciner Group announced it had sold 60% of its US soda ash business to the American company Sisecam Chemicals. [10]
The Soda Industry Inc. was established in 1969 as a subsidiary of the Şişecam Group, Turkey's major glass producer. Production of soda ash (sodium carbonate, Na 2 C O 3), a key raw material for the glass industry, began in 1975.
This strong market position generates substantial cash flows that support shareholder returns. Turning to the specifics, the pharmaceutical giant offers investors a 4.3% dividend yield backed by a ...
NEW YORK (Reuters) -Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the U.S. stock market was powered to record highs by the twin ...
The Dow's losses amount to roughly 3%, or more than 1,500 points, in the past nine trading sessions. The index has fallen from a record close of 45,014 on Dec. 4 to 43,499 as of Tuesday's close.
Stock Performance is the difference between a director's stock index and the S&P 500. A director's stock index is an unweighted index of company stock performances while they sat on the board. CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each ...
Turgay Ciner (born 1956) is a Turkish businessman and owner of the Ciner Group, a conglomerate that operates in five main sectors: energy and mining, natural soda ash, glass and chemicals, maritime and shipping, and news and entertainment media.