IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

OCI plans IPO for US methanol unit

6:28 AM MDT | June 7, 2013

Orascom Construction Industries (OCl; Cairo) will place its Beaumont, TX, methanol and ammonia facility into a master limited partnership (MLP) in order to sell a minority stake in the operation via an initial public offering (IPO), the company announced 3 June. OCI expects the MLP to file a registration statement in June with the IPO to follow in the second half of 2013. Proceeds from the IPO will be used to repay the MLP’s outstanding debt and to fund a planned debottlenecking project, OCI said. MLPs do not pay corporate income tax if they receive at least...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa