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Methanex Acquires OCI's Methanol Business for More Than $2 Billion

Sep 9, 2024, 02:10 AM

Methanex Corp has announced the acquisition of OCI Global's international methanol business in a definitive agreement valued at $2.05 billion. The Dutch chemicals company OCI agreed to sell its methanol business, contributing to its total sale proceeds of $11.6 billion. The deal is worth more than $2 billion.