Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
OCI Enters U.S. Ammonia-Methanol Market
11:19 AM MDT | May 31, 2011 | —LINDSEY BEWLEY
Orascom Construction Industries (OCI; Cairo), which operates nitrogen fertilizer plants in Egypt, Algeria, and the Netherlands, has acquired a majority stake in an integrated ammonia-methanol plant located at Beaumont, TX. OCI acquired the plant through a joint venture with Janus Methanol (Basel, Switzerland), Pandora Methanol, in which OCI holds slightly more than a 50% stake. Janus Methanol, a newly formed project development company led by former Methanex executive Deo van Wijk, purchased the plant from Eastman Chemical late last year. The plant has the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee