OCI NV
Transactions
CF Industries Will Buy OCI’s Assets For $6 Billion
CF Industries Will Buy OCI’s Assets For $6 Billion
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News
Woodside Closes $2.35B Acquisition of OCI’s Texas Ammonia Project
Woodside CEO Meg O’Neill addressed the October death of a worker at the Beaumont, Texas, ammonia project purchased from OCI NV, saying the company’s top priority is safety.
Methanex to Buy OCI Global’s Methanol Business in $2.05B Deal
The agreement includes OCI Global’s stake in two methanol production facilities in Beaumont, Texas.
Woodside to Acquire OCI’s Texas Clean Ammonia Project for $2.35B
Woodside’s purchase of OCI Clean Ammonia Holding’s project, which is under construction, is targeting first ammonia production scheduled for 2025 with lower-carbon ammonia following in 2026.
Energy Transition in Motion (Week of Oct. 13, 2023)
Here is a look at some of this week’s renewable energy news, including the formation of a coalition to ship hydrogen as ammonia from the U.S. to Europe.
Linde Plans to Invest $1.8 Billion for Clean Hydrogen Project
Linde will supply the hydrogen to OCI, which is building a large blue ammonia facility in Beaumont, Texas.
Dutch Chemical Maker Taps US Shale Gas for New Ammonia Plant
More companies are exploring the uses of ammonia to make fertilizer to reduce carbon emissions.