- OCI sells ammonia business to AGROFERT for EUR 290 million, closing expected in H1 2026.
- OCI and Orascom to merge, creating an Abu Dhabi-based infrastructure platform.
- Beaumont New Ammonia project nearing completion, with costs rising to USD 1.7 billion.
- OCI distributed USD 700 million to shareholders in September 2025.
Ammonia Business Sale
OCI Global has agreed to sell its ammonia distribution and terminal business to AGROFERT for EUR 290 million. The transaction is expected to close in the first half of 2026, pending regulatory and shareholder approvals.
Merger with Orascom
OCI and Orascom Construction have reached an agreement to merge, forming a scalable infrastructure and investment platform based in Abu Dhabi. This merger aims to enhance global reach and diversification.
Financial Performance
OCI's European Nitrogen segment saw a 24% decrease in sales volumes in Q3 2025 due to planned maintenance and plant outages, despite higher product pricing. The company expects improved results in the second half of 2025.
Beaumont New Ammonia Project
The Beaumont New Ammonia project is nearing completion, with production expected to start this year. The total investment cost has increased to approximately USD 1.7 billion, reflecting additional spending to maintain the startup schedule.
Shareholder Distributions
OCI made a USD 700 million distribution to shareholders in September 2025, bringing total distributions to approximately USD 7 billion since 2022.
