1. Soda Ash Industry Global Overview 2014-15

2. Global Chemical Industry shift from Developed economies to Developing economies
Asia Pacific (including China) to gain from this shift
Complexities in China to help India becoming a manufacturing hub.

3. Soda Ash : Global Demand – Supply (2014)
CIS (Russia & Ukraine)
Capacity
Production
Demand
Europe
Capacity
Production 11.00
Demand
North America
Capacity
Prod
Demand
China
Capacity
Production 26.00
Demand
Middle East
Capacity
Production
Demand
South America
Capacity
Production 0.150
Demand
Africa
Capacity
Production 0.80
Demand
India
Capacity
Production 2.50
Demand
Australia
Capacity
Production 0.00
Demand

4. Indian Soda Ash Manufacturing - Facilities

5. END USE Consumption Pattern – Global Vs India

6. Growth Projection India – Soda Ash Consumers

7. US / North America ( Natural Soda Ash )
Global Overview
China
Total capacity touches 32 Million Tons which is 10 times of India's soda ash production capacity.
Production around 25 Mil Mt . Cap Utilisation 77/78%
Despite excess glass capacity in China the capacity build up continues, a total of 245 flat glass lines operating in China, where there are only 7 in India.
With the slow down in Chinese Economy there is a marginal softening of prices.
Remains the major threat for India .
US / North America ( Natural Soda Ash )
Production reaches 11.5 Million MT . Domestic demand grows by only 1%
Exports grow by 5% mainly to Asia & South America .
The US producers ie. Tata/ Nirma have diverted some volumes to India in current year
Natural SA has a huge cost advantage over the conventional process making the US producers competitive globally.

8. AFRICA, ASIA & MIDDLE EAST
Global – Overview
Europe
Total capacity is 12 MMT produced in 25 plants in 15 countries including Turkey.
IHS forecasts that after a 0.4% decline in 2013, Euro-zone real GDP will increase 1.1% in 2014 and 1.5% in 2015.
Cost pressures forced Soda Ash plants in UK/Portugal to closure.
European producers viz Ciech / Solvay increase export volumes to India as they attract the lowest ADD.
Turkey with Natural Soda Ash reserves will be a threat to the rest of the producing countries on account of their cost advantage & location
AFRICA, ASIA & MIDDLE EAST
TCL has shutdown their Pure Soda Ash plant at Magadi (Capacity 3.5 Lac MT/annum) due to unsustainable operational cost.
Penrice permanently closed its Soda Ash production facility in Australia.
Asia led by India is the only area showing growth signs .

9. INDIA 2013-14 INDUSTRY HIGHLIGHTS
India - Overview
INDIA INDUSTRY HIGHLIGHTS
While Domestic Demand in has been flat, growth of 5/6% expected in & + 5% growth predicted going forward.
Domestic consumption is approximately 3.1 Million MT ( 2.7 MMT market demand MMt internal ).
With a production of only around 2.6 MMT, balance demand met by Imports.
China/ US / Europe / Kenya are the major exporters to India , major growth in India is captured by Imports .
Flat Glass prices improve as Glass manufacturers get ADD protection on ME / Saudi /Pakistan.
Ghari has announced a Soda Ash plant at Village Kuranga – Dwarka . ( Likely to take between 3 to 4 years )
Nirma & GHCL also examining expansion .
Anti Dumping Duties will be applicable till Mid 2017 hence we have to work our over-all costs to remain competitive going forward .

10. END SECTOR MACRO INDICATOS & PLAYERS : -
Mix of Global, National and Regional Players : Fragmented Market.

11. Thank You