Ciner Resources LP Announces Name Change To Sisecam Resources LP; Ticker To Change To 'SIRE'

Ciner Resources LP (NYSE:CINR) ("Ciner Resources" or the "Partnership") announced today that, in connection with the previously announced sale of 60% of Sisecam Chemicals Resources LLC (formerly known as Ciner Resources Corporation) to Sisecam Chemicals USA Inc., a wholly owned subsidiary of Turkiye Sise ve Cam Fabrikalari A.S. of Istanbul, Turkey ("Sisecam"), the Partnership will change its name to Sisecam Resources LP. Such name change is expected to be effective on or about February 18, 2022, and the publicly traded units of the Partnership are expected to begin trading on or about March 1, 2022 after the open of market trading on the New York Stock Exchange under a new ticker symbol - SIRE. After the name change, Sisecam Resources LP will continue to operate as a publicly traded Master Limited Partnership.

In connection with these changes, the general partner of the Partnership will also change its name to Sisecam Resource Partners LLC and Ciner Wyoming LLC ("Ciner Wyoming") will change its name to Sisecam Wyoming LLC, with such name changes expected to be effective on or about February 18, 2022 as well.

The Partnership owns a controlling interest comprised of a 51% membership interest in Ciner Wyoming, one of the largest and lowest-cost producers of natural soda ash in the world.

Sisecam is a global player in soda ash and chromium chemicals, flat glass, glassware, glass packaging and glass fiber sectors. Founded 86 years ago, it is one of the largest industrial publicly-listed companies based in Turkey. With production facilities in four continents and in 14 countries, Sisecam is one of the largest glass and chemicals producers in the world. Sisecam has been a partner with the Ciner Group since 2019.