OCI Global completes sale of Clean Ammonia to Woodside
OCI Global has announced the successful closing of the divestment of its Clean Ammonia project in Beaumont, Texas to Woodside Energy Group.
OCI will continue to manage the construction, commissioning, and startup of the facility through provisional acceptance and is targeting production of first ammonia from 2025 and lower carbon ammonia from 2026.
The Clean Ammonia closing marks a significant milestone in OCI’s strategic value creation journey.
Nassef Sawiris, executive chairman of OCI, said: “The successful closing of the Clean Ammonia transaction further reinforces OCI’s serial commitment to creating value for its shareholders and exemplifies its pioneering spirit.
“Looking ahead, we will continue to explore value accretive investment opportunities where we can successfully deploy our extensive knowledge, deep operational expertise, and entrepreneurial heritage.”
@US_Vanadium, a leading supplier, relies on sliding gate valves made by @Schubert&Salzer to stabilise the process temperature during the production of #vanadium compounds.
https://fluidhandlingmag.com/news/control-valves-for-worlds-purest-vanadium-oxides/
#fluidhandling #valves #pumps #technology
The #UK's last coal-fired #power #station has shut down for good - making #Britain the first #G7 country to end its reliance on the fossil fuel.
https://fluidhandlingmag.com/news/uks-last-coal-powered-power-station-closes/
#fluidhandling #powerstation #fossil #fuel
New proposed investment of more than £150 million (€180 million) will help improve and protect #water quality at #England’s most iconic #lake. @unitedutilities
https://fluidhandlingmag.com/news/united-utilities-unveils-plan-for-multi-million-pound-investment-plan-for-windemere/
#fluidhandling #pumps #pipelines #valves
We use cookies to enhance your browsing experience and enable essential functions on our website. Some cookies are categorised as "Necessary" are automatically stored on your browser as they are crucial for the basic operation of the site - they can no be adjusted using these tools. Additionally, we use third-party cookies to help us analyse your usage of the website. These cookies are stored in your browser only with your prior consent. You have the option to enable or disable some or all of these cookies.
Statistical or analytical cookies are used to gain insights into how visitors interact with the website. These cookies collect data on metrics like visitor count, bounce rate, traffic sources, and more, helping us understand and improve site performance.
Advertisement cookies deliver personalised ads based on the pages you previously visited and help analyse the effectiveness of ad campaigns.