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OCI Global has announced the completion of the sale of its remaining equity stake in Methanex Corporation through its subsidiary, OCI Chemicals B.V. The transaction involved the sale of 2,612,962 common shares, representing approximately 3.4% of Methanex's total issued and outstanding shares. This divestment is part of OCI Global's broader strategy for financial management and portfolio optimization. With this move, the company has fully exited its position in Methanex to focus on other strategic priorities. The sale is viewed as a step toward strengthening OCI's balance sheet and streamlining its investment holdings. No immediate material changes to the operational activities of either company are expected following the transaction. This exit underscores a continuing trend of portfolio restructuring within the global chemicals sector.
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