15 unchanged sentences
Historically, the global market and, to a lesser extent, the domestic market for soda ash have been volatile and are likely to remain volatile in the future.
+Added: Currently soda ash prices are severely declined and Sisecam Wyoming suspended distributions in the third quarter of 2025.
+Added: We cannot predict whether or when soda ash prices will recover to a level at which Sisecam Wyoming with resume distributions.
The following table shows the fluctuations of our commodity prices over the past three years:
3 unchanged sentences
Our exposure to changes in interest rates results from our borrowings under the Opco Credit Facility, which is subject to variable interest rates based upon SOFR.
−Removed: At December 30, 2024, we ha d $113.7 m illion in bo rrowings outstanding under the Opco Credit Facility.
−Removed: If interest rates were to increase by 1%, annual interest expense would increase approximately $1.1 million,assuming the same principal amount remained outstanding during the year.
+Added: At December 31, 2025, w e had $18.9 million in bo rrowings outstanding under the Opco Credit Facility.
+Added: If interest rates were to increase by 1%, annual interest expense would increase ap proximately $0.2 million, assum ing the same principal amount remained outstanding during the year.
Fair Value of Financial Assets and Liabilities
−Removed: Our financial assets and liabilities consist of cash and cash equivalents, a contract receivable and debt.
−Removed: The carrying amounts reported on the Consolidated Balance Sheets for cash and cash equivalents approximate fair value due to their short-term nature.
−Removed: We use available market data and valuation methodologies to estimate the fair value of our debt and contract receivable.
−Removed: The following table shows the carrying value and estimated fair value of our debt and contract receivable:
+Added: Our financial assets and liabilities consist of cash and cash equivalents, accounts receivables, a contract receivable, accounts payables and debt.
+Added: The carrying amounts reported on the Consolidated Balance Sheets for cash and cash equivalents, accounts receivables and accounts payables approximate fair value due to their short-term nature.
+Added: We use available market data and valuation methodologies to estimate the fair value of our contract receivable and debt.
+Added: The following table shows the carrying value and estimated fair value of our contract receivable and debt:
(In thousands)
Fair Value Hierarchy Level
+Added: Contract receivable, net (current and long-term) (1)
Opco Senior Notes (2)
Opco Credit Facility (3)
−Removed: Contract receivable, net (current and long-term) (3)
+Added: The fair value of the Partnership's contract receivable was determined based on the present value of future cash flow projections related to the underlying asset at a discount rate of 15% at December 31, 2025 and 2024.
The fair value of the Opco Senior Notes was estimated by management utilizing the present value replacement method incorporating the interest rate of the Opco Credit Facility.
The fair value of the Opco Credit Facility approximates the outstanding borrowing amount because the interest rates are variable and reflective of market rates and the terms of the credit facility allow the Partnership to repay this debt at any time without penalty.
−Removed: The fair value of the Partnership's contract receivable was determined based on the present value of future cash flow projections related to the underlying asset at a discount rate of 15% at December 31, 2024 and 2023.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.