OCI Global Announces Agreement for the Sale of IFCO to Koch

OCI Global, a leading global producer and distributor of hydrogen products announced that it has reached an agreement for the sale of 100% of its indirect interest in its large-scale US greenfield nitrogen fertilizer facility Iowa Fertilizer Company LLC, located in Wever, Iowa, USA  to Koch Ag & Energy Solutions for a total consideration of … Read more

ADNOC to acquire OCI NV’s stake in Fertiglobe for $3.6B

Abu Dhabi National Oil Company P.J.S.C. (ADNOC) and OCI Global, announced that they have entered into a sale and purchase agreement for the acquisition by ADNOC of OCI’s entire majority shareholding in Fertiglobe plc.   Fertiglobe is listed on the Abu Dhabi Securities Exchange and is the world’s largest seaborne exporter of urea and ammonia … Read more

OCI Global and LFC collaborate to supply bio-ammonia in Asia

OCI Global and Lotte Fine Chemical (LFC) have announced a collaboration to provide bio-ammonia for the chemical and power sectors, aiming to decarbonize their value chain. OCI will supply LFC with bio-ammonia from its Texas production capacity, starting this year. LFC will import OCI’s ISCC Plus bio-ammonia, derived from bio-methane, for domestic use in South … Read more

OCI partners Linde for Clean Hydrogen Supply for Blue Ammonia Project in US Gulf Coast

OCI N.V. and Linde plc, a leading global industrial gases and engineering company, announced a partnership where Linde will supply clean hydrogen and nitrogen to OCI’s new blue ammonia facility under development in Beaumont, Texas under a long-term agreement. Linde will build, own and operate an on-site complex which will include autothermal reforming with carbon … Read more