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OCI Global Repurchases Stakes in OCI Methanol Business from Alpha Dhabi Holding PJSC and ADQ

Sep 10, 2024•over 1 year ago

Contract Type

partnership

AmsterdamManufacturing

Description

OCI Global has reached an agreement with Alpha Dhabi Holding PJSC and ADQ to repurchase their stakes in OCI's Global Methanol Business, following the earlier partnership and strategic alliance. This partnership has advanced OCI Methanol's position as a global leader in methanol production and as a leading producer and distributor of green methanol through HyFuels.

Company Information

Company

OCI Global

Location

Amsterdam, North Holland, Netherlands

About

We are a global leader in nitrogen, methanol and hydrogen, driving forward the decarbonization of the energy-intensive industries that shape, feed and fuel the world. OCI's production capacity spans four continents and comprises approximately 16.8 million metric tons per year of hydrogen-based products including nitrogen fertilizers, methanol, biofuels, diesel exhaust fluid and melamine. OCI has more than 4,000 employees, is headquartered in the Netherlands and listed on Euronext in Amsterdam. Learn more about OCI at www.oci-global.com. You can also follow OCI on LinkedIn.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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