OCI Announces USD 3.4 Billion Extraordinary Cash Distribution
AMSTERDAM, Oct. 15, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI" or the "Company") announces today that it will pay an interim extraordinary distribution ofEUR 14.5 per share in aggregate (USD 3.4 billion) following the successful completion of the sale of Iowa Fertilizer Company LLC ("...
OCI Global Completes Sale of Majority Stake in Fertiglobe to ADNOC
* OCI Global announces successful completion of the sale of its 50% equity interest in Fertiglobe to Abu Dhabi National Oil Company * The transaction was valued at USD 3.62 billion on a cash-free debt-free basis (the "Purchase Price") and allows OCI to fully exit and monetize its entire equit...
OCI to Close Divestment of Controlling Stake in Fertiglobe
AMSTERDAM, Oct. 11, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI") today announced that the divestment of OCI's 50% + 1 share stake in Fertiglobe (ADX: FERTIGLB) ("Fertiglobe") to Abu Dhabi National Oil Company P.J.S.C. ("ADNOC") disclosed inDecember 2023, has received all required appro...
OCI Global Completes Sale of Clean Ammonia to Woodside
* OCI Global ("OCI") announces successful completion of the sale of 100% of its equity interests in its 1.1 million metric tonnes Clean Ammonia project under construction inBeaumont, Texas ("OCI Clean Ammonia" or the "Project"), to Woodside Energy Group Ltd ("Woodside") * The transaction was ...
OCI Global Announces Repurchase of OCI Methanol Minorities
AMSTERDAM, Sept. 10, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI), ("OCI", the "Company"), a leading global producer and distributor of hydrogen products today announced that it has reached agreement with Alpha Dhabi Holding PJSC ("ADH") and ADQ to repurchase their 11% and 4% stakes respective...
OCI Global Completes Sale of IFCO to Koch Ag & Energy Solutions
* OCI Global ("OCI") announces successful completion of the sale of 100% of its equity interests in Iowa Fertilizer Company LLC ("IFCO") to Koch Ag & Energy Solutions ("KAES") * The transaction was valued at USD 3.6 billion on a cash free debt free basis and followed a competitive process *...
OCI Global Announces Agreement for the Sale of its Clean Ammonia Project in Beaumont, Texas to Woodside Energy
* OCI Global ("OCI") has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI's 1.1 million metric tonnes Clean Ammonia project under construction inBeaumont, Texas ("OCI Clean Ammonia" or the "Project"), (the "Transaction") to Woodside Energy Gro...
OCI Global Announces VP Investor Relations & Communications
LONDON and AMSTERDAM, Oct. 9, 2023 /PRNewswire/ -- OCI Global (Euronext: OCI) today announced the appointment ofSarah Rajani as Vice President, Global Investor Relations and Communications, reporting to Group Chief Financial OfficerHassan Badrawi. Ms. Rajani succeeds Hans Zayed who will assume a ...
