OCI N.V. and ADNOC Close Strategic Partnership Agreement, Establishing Fertiglobe, a New Global Nitrogen Fertilizer Leader
(WorldNews Netherlands)

September 30 2019 The joint venture, Fertiglobe, will start trading on 1 October 2019 Fertiglobe to be the world`s largest export-focused nitrogen fertilizer platform with a total production capacity of 6.5 million tons of urea and merchant ammonia OCI and ADNOC will own a 58% and 42% stake in Fertiglobe, respectively Innovative approach to growth by asset contribution achieves overnight scale, without any capital outlay OCI N.V. (Euronext: OCI) and Abu Dhabi National Oil Company (ADNOC) today announced the completion of their transaction to combine ADNOC`s fertilizer business into OCI`s Middle...