OCI Global 2026 is one of the most actively restructured companies in the nitrogen and methanol sector, having executed four major asset disposals since 2023 while simultaneously pursuing a transformative merger with Abu Dhabi-listed Orascom Construction. Listed on Euronext Amsterdam (ticker: OCI), the Dutch-headquartered group generated FY 2025 continuing operations revenue of USD 1,086 million and retains a market capitalisation of approximately USD 896 million as of early 2026.
OCI Global 2026: Company Overview
Founded in 1999 and headquartered in Amsterdam, OCI N.V. — trading as OCI Global — built its reputation as a vertically integrated producer and distributor of nitrogen fertilizers, methanol, and hydrogen-derivative products. At its peak, the group operated assets across the United States, Europe, and the Middle East, with revenue exceeding USD 4 billion in FY 2024. A strategic review launched in March 2023 triggered a systematic portfolio disposal programme that has fundamentally altered the company’s shape.
The Sawiris family, through Nassef Sawiris, holds a controlling interest. This concentration of ownership became a significant factor in 2026 when Dutch courts intervened in the proposed Orascom merger, citing conflicts of interest arising from Sawiris’ dual role in both entities.
Key Assets: Nitrogen Europe & Terminal Europoort
Following the divestment of IFCo (Iowa Fertilizer Company), Fertiglobe, OCI Methanol, and OCI Clean Ammonia (Beaumont), the group’s sole remaining operating segment is OCI Nitrogen — a fully integrated nitrates fertilizer and melamine producer based in Geleen, Netherlands. The facility produces calcium ammonium nitrate (CAN), ammonium nitrate solution (ANS), urea ammonium nitrate (UAN), and melamine.
OCI Terminal Europoort B.V., the group’s Rotterdam ammonia import and distribution terminal, was agreed for sale to AGROFERT — a major European nitrogen products manufacturer — as part of a €290 million transaction covering OCI Ammonia Holding B.V. in full. The terminal sits within the global network of bulk liquid terminals that underpin the European fertilizer supply chain. OCI Nitrogen retains access to Terminal Europoort via a throughput agreement post-completion, preserving ammonia sourcing flexibility.
The Beaumont, Texas operations — formerly OCI’s flagship US methanol and clean ammonia complex — have now transferred to new ownership. The methanol business was sold to Methanex Corporation in June 2025, while the Beaumont New Ammonia facility achieved first ammonia production on 26 December 2025 before handover to Woodside Energy. Full details of the Beaumont site are covered in the OCI Beaumont terminal profile.
2026 Projects & Strategic Developments
The Orascom Construction combination — announced December 2025 — would have established an Abu Dhabi-anchored infrastructure and investment platform, with OCI shareholders receiving 0.4634 Orascom shares for each OCI share held, equating to approximately 47% of the combined entity. The Amsterdam Enterprise Chamber blocked the merger vote in January 2026, citing Nassef Sawiris’ conflicts of interest and requiring the appointment of two independent directors. The transaction remains in a holding pattern as of May 2026.
The AGROFERT transaction — covering OCI Terminal Europoort and OCI Ammonia Distribution — was approved at an EGM on 22 January 2026 and closed on 31 March 2026. OCI received USD 470 million in deferred consideration representing 20% of total proceeds from the Woodside Beaumont transaction, with net expected proceeds of approximately USD 242 million after outstanding obligations.
OCI sold 3.3 million Methanex shares at USD 51.80 per share in March 2026, generating approximately USD 172.6 million in net proceeds. The group retains an 8.6% stake in Methanex, preserving exposure to the methanol market without operational responsibility. Across all transactions since 2022, OCI has returned approximately USD 7 billion to shareholders.
Europe’s Carbon Border Adjustment Mechanism (CBAM), phasing in from 2026, is expected to benefit OCI Nitrogen’s competitive position by applying carbon costs to imported nitrogen products — a structural tailwind for European producers. For the broader context of bulk liquid storage infrastructure serving nitrogen supply chains, the oil storage terminals guide covers terminal classification and capacity planning across European ports.
OCI Global in the Nitrogen & Methanol Market
OCI Global 2026 is a company in deliberate contraction rather than expansion. Having returned USD 7 billion to shareholders since 2022 through disciplined asset monetisation, the remaining platform centres on OCI Nitrogen in Geleen — an established first-quartile European nitrogen operation facing structural European gas price headwinds. FY 2025 ammonia sales volumes fell 21% year-on-year to 322.6 million metric tonnes due to planned maintenance and unplanned outages, though European Nitrogen adjusted EBITDA turned positive at USD 87 million versus a loss in the prior year.
The group’s residual Methanex stake provides optionality in the methanol market without production risk. The strategic pivot toward an Abu Dhabi-anchored infrastructure platform — if the Orascom combination ultimately proceeds — would represent a fundamental reinvention of OCI’s business model, moving from chemicals production to infrastructure investment management.
Competitors in the European nitrogen market include Yara International, CF Industries, and BASF, all of whom are navigating similar CBAM dynamics and gas price sensitivity across European production assets.
OCI Global Company Snapshot
| Detail | Data |
|---|---|
| Full Name | OCI N.V. (OCI Global) |
| Ticker | OCI — Euronext Amsterdam |
| Headquarters | Amsterdam, Netherlands |
| Founded | 1999 |
| FY 2025 Continuing Revenue | USD 1,086 million |
| FY 2025 Total Operations Revenue | USD 1,605 million |
| Market Cap (Apr 2026) | ~USD 896 million |
| Primary Operating Segment | OCI Nitrogen (Geleen, Netherlands) |
| Products | CAN, UAN, ANS, Melamine, Ammonia |
| Key Divested Assets (2023–2026) | IFCo, Fertiglobe, OCI Methanol, Beaumont New Ammonia, OCI Terminal Europoort |
| Methanex Stake (May 2026) | ~8.6% |
| Shareholder Returns Since 2022 | ~USD 7 billion |
| Pending Transaction | Orascom Construction merger (blocked by Dutch courts Jan 2026) |
What does OCI Global specialise in?
OCI Global (OCI N.V.) is a Dutch-listed producer and distributor of nitrogen fertilizers, ammonia, and methanol products. Following a major strategic review launched in 2023, the group has divested most of its production assets and now operates primarily through OCI Nitrogen in Geleen, Netherlands.
Where are OCI Global’s main operations located?
OCI Global’s primary remaining operation is OCI Nitrogen in Geleen, the Netherlands, which produces calcium ammonium nitrate, UAN, melamine and ammonia. The group previously operated assets in Beaumont, Texas (methanol and blue ammonia), Iowa (IFCo fertilizer plant), and the Middle East (Fertiglobe), all of which have been divested.
How large is OCI Global’s revenue?
OCI Global reported FY 2025 continuing operations revenue of USD 1,086 million and total operations revenue (including discontinued operations) of USD 1,605 million. Its market capitalisation stood at approximately USD 896 million as of April 2026.
What is OCI Global working on in 2026?
OCI Global’s 2026 agenda is dominated by post-divestment integration: completing close-out obligations on the Beaumont New Ammonia handover to Woodside, managing the AGROFERT sale of OCI Terminal Europoort, and navigating the court-blocked Orascom Construction merger. OCI Nitrogen is positioned to benefit from CBAM carbon pricing on imported nitrogen products from 2026 onwards.
Who owns OCI Global?
OCI Global (OCI N.V.) is listed on Euronext Amsterdam. The Sawiris family, through businessman Nassef Sawiris, holds a controlling interest. The proposed merger with Orascom Construction — also connected to the Sawiris family — was challenged by Dutch courts in January 2026 due to related-party conflict of interest concerns.