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OCI Global agrees to sell 50% stake in Nitrogen Intermediate Holding to AGROFERT
AMSTERDAM: OCI Global announced Monday it has reached an agreement to sell a 50% equity interest in its subsidiary Nitrogen Intermediate Holding B.V., which wholly owns OCI Nitrogen, to European nitrogen products manufacturer AGROFERT. The deal includes a put/call option for the remaining 50% stake. The initial transaction values the 50% stake at 50% of €110…
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OCI Global agrees to sell OCI Ammonia Holding for EUR 290 million
AMSTERDAM: OCI Global (Euronext: OCI) a leading global producer and distributor of nitrogen products today announced that it has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding B.V. to AGROFERT. AGROFERT is a significant European nitrogen products manufacturer. The total consideration of the deal is EUR…
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OCI Global swings to net profit on methanol sale, plans European unit divestment
Company made a net profit attributable to shareholders of $343 million in H1 2025, compared to a loss a year earlier AMSTERDAM: Fertilizer maker OCI Global reported a net profit for the first half of 2025, driven by a major asset sale, but its core European nitrogen business faced pressure from rising gas prices and…
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OCI Global reports sharp drop in revenues and earnings, sells off fertilizer assets
AMSTERDAM: OCI Global, a leading producer and distributor of nitrogen fertilizers and industrial chemicals, announced its financial results for the fourth quarter and full year 2023, showing a significant decline in revenues and earnings due to lower global nitrogen prices. The company also revealed that it has sold its stakes in Fertiglobe and Iowa…
