ANSAC Increases Export Prices by US$25.00 per Metric Ton

Effective July 1, 2024, American Natural Soda Ash Corporation (“ANSAC”) announced today that it is raising export prices US$25.00/MT on all non-contract sales of soda ash, and on contracted sales when contracts allow.

“We are seeing a tightening of the global soda ash supply environment, leading to an increase in demand for our soda ash,” said ANSAC President Jeffrey Jacobson. For additional information customers are asked to contact their local ANSAC sales representative or distributor.

ANSAC operates as the export sales, marketing and logistics arm for Genesis Alkali, a leading producer of natural soda ash in the United States and a subsidiary of Genesis Energy, L.P. For more information on ANSAC, visit http://www.ansac.com/.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, soda and sulfur services, marine transportation and onshore facilities and transportation. Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

This press release includes forward-looking statements as defined under federal law. Although we believe that our expectations are based upon reasonable assumptions, no assurance can be given that our goals will be achieved, including statements regarding our ability to successfully close the offering and to use the net proceeds as indicated above. Actual results may vary materially. We undertake no obligation to publicly update or revise any forward-looking statement.

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