OCI Global’s wholly‑owned subsidiary OCI Chemicals B.V. sold its final 2,612,962 shares of Methanex Corporation on April 20 2026, extinguishing a 3.4 % equity position that had been held since the 2024 acquisition of OCI’s international methanol business. The shares were sold at $52.85 each, generating net proceeds of $138.1 million after fees and expenses.
Prior to this final sale, OCI had reduced its stake in a series of block trades: on March 13 2026 it sold 3,331,346 shares at $51.80, cutting its holding from 12.9 % to 8.6 %; on April 9 2026 it sold 2 million shares at $57.65, lowering the stake to 6.0 %; and on April 13 2026 it sold another 2 million shares at $58.30, bringing the position down to 3.4 %. The April 20 transaction completes that divestiture.
The sale is part of OCI Global’s broader strategic shift to concentrate on core nitrogen products, methanol, and advanced materials for semiconductors and batteries. By exiting its equity interest in Methanex, OCI frees capital that can be redeployed into these priority areas and removes a significant shareholder that could influence governance decisions. The divestiture also signals a clearer focus on the company’s core chemical businesses after the 2024 sale of its methanol assets to Methanex.
With OCI no longer a shareholder, Methanex gains full independence from a former major investor that had been linked to its methanol business. The removal of OCI’s stake simplifies Methanex’s governance structure and eliminates potential conflicts of interest that could arise from a large, strategic shareholder. The transaction underscores the evolving relationship between the two companies following the 2024 transaction that created the initial stake.
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