Woodside Energy to acquire OCI Clean Ammonia Holding for $2.35 billion

SYDNEY: Woodside Energy has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding B.V., and its lower carbon ammonia project in Beaumont, Texas (Project) for an all-cash consideration of approximately $2,350 million. The Project is under construction and targets production of first ammonia from 2025 and lower carbon ammonia from 2026.…