GEL Genesis Energy L.P.

Genesis Alkali to Raise Off-List Prices for USP and Industrial Grade Sodium Bicarbonate

HOUSTON--(BUSINESS WIRE)--

Genesis Alkali, a business of Genesis Energy, L.P. (NYSE: GEL), announced today that, effective immediately or as contract terms permit, list and off-list prices will increase for USP and Industrial grade sodium bicarbonate by $20/Ton ($1.00/cwt).

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 top priorities are to safely produce high quality Specialty Sodium Products and to meet our customers’ needs as a reliable supplier.

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.

EN
14/09/2017

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