OCI Global, through its subsidiary OCI Chemicals B.V., sold 3,331,346 common shares of Methanex Corporation on March 13, 2026, a block trade that reduced the Dutch‑based company’s stake from 12.9% to 8.6%. The shares were sold at $51.80 each, generating net proceeds of approximately $172.6 million after fees and expenses.
The sale is part of OCI’s ongoing strategic review, which has already generated $11.9 billion in gross proceeds from the divestment of non‑core assets, including the sale of its methanol business to Methanex in June 2025. By trimming its equity position in the methanol producer, OCI is reallocating capital toward core growth areas and improving its balance‑sheet profile after a $344 million net loss in the fourth quarter of 2025.
Methanex, the world’s largest methanol producer, reported a $89 million net loss for Q4 2025. The company’s shares were trading at $51.75 on March 13, 2026, close to the $51.80 price at which OCI sold its shares, indicating that the transaction was priced near market value and did not create a significant price shock for the company.
The announcement on March 16, 2026 follows OCI’s Q4 earnings release and signals the company’s continued focus on streamlining its portfolio. The divestiture aligns with OCI’s broader strategy to concentrate on high‑margin, high‑growth segments while reducing exposure to volatile commodity markets.
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