Sale of Shares of Methanex Corporation

AI Summary

OCI Global announced that its subsidiary OCI Chemicals B.V. has sold approximately 4.3% of Methanex Corporation's shares, totaling 3,331,346 shares at $51.80 each, generating net proceeds of approximately $172.6 million. The transaction represents a significant divestiture of OCI's stake in the methanol producer Methanex.

AMSTERDAM, March 16, 2026 /PRNewswire/ — OCI Global (Euronext: OCI), (“OCI”) announced today that its wholly owned subsidiary OCI Chemicals B.V. has sold 3,331,346 common shares (“Shares”) of Methanex Corporation (“Methanex”), representing approximately 4.3% of the issued and outstanding Shares (the “Disposition”). The sale price was US$51.80 per share, resulting in net proceeds of approximately US$172.6 million, […]