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ANNUAL REPORT 2021











            BRINGING CLEAN AMERICAN SODA ASH TO THE GLOBAL MARKET

            A new  state-of-the-art export facility for natural   soda ash and distributing it around the world
            soda ash is coming to the Port of Stockton,        since 1962 from its Green River, Wyoming
            bringing significant economic and environmental     facility. The production and export of natural
            benefits with it to the region. The project will be   soda ash o sets the need for its synthetic
            built and operated by Denmar U.S., LLC, a joint    counterpart, which is produced largely from coal
            venture of  Ciner – one  of the world’s  leading   power and produces substantial toxic
            producers of low-cost, natural soda ash – and the   byproducts. Another environmental benefit
            IMISK Group – a global operator of terminal,       arising from this project is the extensive soil
                                                               remediation that will take place in advance of
                                                               construction at the West Complex site, reversing
             “THIS FACILITY REPRESENTS A                       the contamination that occurred at this former

              ROBUST AND LASTING INVESTMENT                    World War II U.S. Navy base.

              IN THE STOCKTON REGION.”
                                                               This facility represents a robust and lasting
                                                               investment in the Stockton region. The new
            warehouse, and port facilities. Denmar U.S. will   terminal is estimated to create more than 439
            initially export 4.8 million tons of soda ash per   jobs annually during the two-year construction
            year, with plans to increase volumes over time to   phase, 189 jobs annually in 2023 and 2024 once
            7 million tons per year.                           the terminal is fully operational, and 323 ongoing
                                                               jobs when operations expand in 2025.
            Soda ash is an essential raw material used most
            frequently in the manufacturing of glass, as well   The Port is very excited for this partnership with
            as detergents, electric car batteries, and other   Denmar U.S., working together to bring even
            household projects. Ciner has been producing       more family wage jobs to Stockton while bringing
            high-quality, environmentally-friendly natural     this high-demand commodity to the world.




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