OCI Global Completes Sale of Clean Ammonia to Woodside

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OCI Global ("OCI") announces successful completion of the sale of 100% of its equity interests in its 1.1 million metric tonnes Clean Ammonia project under construction in Beaumont, Texas ("OCI Clean Ammonia" or the "Project"), to Woodside Energy Group Ltd ("Woodside")The transaction was valued at USD 2.35 billion on a cash-free debt-free basis ("Purchase Price") and followed a competitive processThe closing marks a significant milestone in OCI's strategy to unlock value for shareholdersView original content:https://www.prnewswire.co.uk/news-releases/oci-global-completes-sale-of-clean-ammonia-to-woodside-302262391.html

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