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    Home » Nassef Sawiris’ OCI targets ammonia project completion amid $1 billion payout
    World Economy

    Nassef Sawiris’ OCI targets ammonia project completion amid $1 billion payout

    morshediBy morshediMay 23, 2025No Comments3 Mins Read
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    Nassef Sawiris’ OCI targets ammonia project completion amid  billion payout
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    Key Factors

    • OCI is finalizing its Beaumont New Ammonia plant, a cornerstone of its low-carbon push, set to fee in 2025 amid its broader strategic overhaul.
    • The corporate plans a $1 billion capital distribution in Might 2025, pushing complete shareholder payouts to $6.4 billion in 4 years below Sawiris’ management.
    • Regardless of unstable markets, OCI posted resilient Q1 2025 efficiency, with robust Natgasoline utilization and disciplined value cuts aiding its transformation efforts.

    OCI International, a number one producer and distributor of nitrogen and methanol merchandise helmed by Egyptian billionaire Nassef Sawiris, has introduced vital milestones in its ongoing strategic transformation. These embrace the close to completion of its Beaumont New Ammonia plant and a considerable $1 billion capital distribution to shareholders.

    Set for commissioning later this yr, the Beaumont New Ammonia facility marks a big step in OCI’s push towards low-carbon fertilizer manufacturing. The corporate’s deliberate $1 billion payout in Might 2025 will carry complete shareholder distributions over the previous 4 years to $6.4 billion, underscoring its dedication to delivering worth amid a disciplined transformation technique.

    Sturdy operational execution regardless of volatility

    In the first quarter of 2025, OCI demonstrated operational resilience throughout its platform. Its European nitrogen phase remained worthwhile regardless of elevated pure fuel costs and deliberate plant upkeep, whereas the corporate’s cost-reduction efforts stay on monitor to chop company prices under $40 million by year-end. OCI additionally reported own-produced methanol gross sales of 233,000 tonnes in Q1 2025—a 34 % decline from Q1 2024 and seven % decrease than the earlier quarter. 

    The lower was primarily on account of a deliberate turnaround at OCI Beaumont. Nonetheless, Natgasoline, a key three way partnership asset, ran at a robust 95 % common utilization charge following its profitable restart on the finish of 2024. Notably, benchmark US Gulf Coast spot methanol costs averaged $370 per tonne in the course of the quarter, a 17 % enhance from $317 per tonne in Q1 2024, providing partial offset to quantity declines.

    Portfolio restructuring and sustainability drive

    The deliberate divestiture of OCI Methanol to Methanex Company stays on target for completion within the second quarter of 2025, following favorable regulatory approvals and backbone of three way partnership issues. This transaction is central to OCI’s technique to simplify its portfolio and sharpen concentrate on core development property. 

    Below Sawiris’ management, OCI continues to broaden its low-carbon platform. The corporate is deepening partnerships throughout Europe to produce low-emission fertilizers to main carbon farming initiatives and just lately accomplished a first-of-its-kind ammonia bunkering pilot in Rotterdam, additional positioning itself as a clear vitality pioneer in maritime gas. 

    OCI: International chief below Nassef Sawiris

    With Nassef Sawiris holding a 38.8 % stake, OCI International has grown right into a world-class industrial heavyweight, working throughout 4 continents with an annual manufacturing capability of 17.2 million metric tonnes. 

    Its product combine spans hydrogen-based options similar to nitrogen fertilizers, methanol, and biofuels—areas central to decarbonizing world provide chains. Regardless of a unstable macroeconomic and vitality setting, OCI is leveraging asset gross sales to cut back debt and unlock shareholder worth by means of strategic capital distributions.

    With a fortified steadiness sheet and robust momentum behind its low-carbon agenda, the corporate is firmly positioned to steer within the subsequent period of sustainable industrial development.



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