OCI Global Announces Agreement for the Sale of its Clean Ammonia Project in Beaumont, Texas to Woodside Energy
OCI Global (“OCI”) has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1 million metric tonnes Clean Ammonia project under construction in Beaumont, Texas (“OCI Clean Ammonia” or the “Project”), (the “Transaction”) to Woodside Energy Group Ltd (“Woodside”), following a competitive process. Purchase price consideration […]
OCI selects Beaumont site for new facility
A global producer and distributor of hydrogen-based products that previously picked Southeast Texas as the site for the successful Natgasoline partnership project has again selected Beaumont as the location for another large new facility planned to begin production in the first quarter of 2025. Read more in the Southeast Texas Business Journal (PDF download)