OCI Global sells OCI Ammonia Holding to AGROFERT

Key highlights

Transaction completion

OCI Global has completed the sale of 100% of its equity interests in OCI Ammonia Holding B.V. to AGROFERT for EUR 290 million; net proceeds are subject to customary closing adjustments.

Assets included

OCI Ammonia Holding comprises OCI Terminal Europoort B.V. (OTE), the ammonia import and storage terminal in Rotterdam, and OCI Ammonia Distribution B.V. (OAD).

Operational continuity

OCI Nitrogen's Geleen production facility will retain access to OTE under a throughput agreement, maintaining ammonia sourcing flexibility.

Regulatory note

The release contains information within the meaning of Article 7(1) of the EU Market Abuse Regulation.