Welcome to our dedicated page for Oci N V news (Ticker: OCINF), a resource for investors and traders seeking the latest updates and insights on Oci N V stock.
OCI NV (OCI Global) generates frequent news coverage through its disclosures on portfolio changes, capital allocation and operational performance in nitrogen-based fertilizers, industrial chemicals and hydrogen-based products. As a company listed on Euronext Amsterdam and active in the specialty chemicals space, its announcements often relate to strategic transactions, shareholder distributions and developments in its European nitrogen platform and global methanol activities.
News about OCI includes detailed updates on divestments such as the sale of its 50% equity interest in Fertiglobe to Abu Dhabi National Oil Company and the sale of 100% of its equity interests in Iowa Fertilizer Company LLC to Koch Ag & Energy Solutions. The company also reports on the agreed sale of its global methanol business, OCI Methanol, to Methanex Corporation, including regulatory approvals and expected closing timelines. These items provide insight into OCI’s ongoing strategic review and transformation of its asset base.
Investors following OCI’s news can also expect trading updates that describe the performance of its European Nitrogen segment, the classification of methanol activities as discontinued operations, and progress on projects such as the Beaumont New Ammonia plant. OCI’s releases highlight initiatives in low-carbon fertilizers, partnerships in sustainable agriculture and pilots in clean ammonia bunkering for marine fuel.
In addition, OCI regularly announces extraordinary distributions to shareholders, including capital repayments and extraordinary cash dividends, and outlines related shareholder election periods and record dates. For anyone tracking developments in nitrogen fertilizers, methanol, hydrogen-based products and capital allocation in the basic materials sector, OCI’s news flow offers a structured view of its strategic and financial decisions.
OCI Global (OCINF) has announced a significant USD 700 million extraordinary cash distribution (USD 3.31 per share) scheduled for September 5, 2025. The distribution will be executed through a combination of capital repayment and extraordinary cash dividend.
Key dates include: ex-dividend date on August 18, record date on August 19, and a shareholder election period from August 20 to September 2. Shareholders can choose between receiving a capital repayment or an extraordinary cash dividend, with distributions available in either USD or EUR (conversion rate to be determined on September 3).
OCI Global has successfully completed the sale of its 50% equity stake in Fertiglobe to Abu Dhabi National Oil Company (ADNOC) for USD 3.62 billion on a cash-free debt-free basis. This transaction marks a significant milestone in OCI's strategy to unlock shareholder value. Following the deal, ADNOC's shareholding in Fertiglobe has increased to 86.2%, while the free float on the Abu Dhabi Securities Exchange remains at 13.8%.
Mr. Ahmed El-Hoshy has been re-appointed as Chief Executive Officer of Fertiglobe, effective October 15, 2024. Fertiglobe, formed as a strategic partnership between OCI and ADNOC in 2019, is the world's largest seaborne exporter of urea and ammonia combined. Since its IPO in October 2021, Fertiglobe has returned USD 2.42 billion in dividends to shareholders, representing one of the highest dividend yields in its sector.
OCI Global has successfully completed the sale of its 100% equity interests in Iowa Fertilizer Company (IFCO) to Koch Ag & Energy Solutions (KAES) for USD 3.6 billion on a cash-free debt-free basis. This transaction, along with the recently announced sales of Fertiglobe and OCI Clean Ammonia, is expected to generate cumulative gross cash proceeds of approximately USD 9.5 billion. The sale marks a significant milestone in OCI's strategy to unlock shareholder value and provides flexibility for capital allocation, including deleveraging and returning capital to shareholders.
IFCO, commissioned in April 2017, was the first greenfield nitrogen fertilizer plant built in the US in over 25 years and the largest private construction project in Iowa's history. The sale to KAES positions IFCO for its next growth phase while demonstrating OCI's commitment to value creation for shareholders.
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