OCI jumps after divesting ammonia terminal

OCI

24/11/2025 08:32

** Shares in OCI OCI.AS rise around 6% after the Dutch chemicals maker said it would sell its equity interest in OCI Ammonia Holding to Agrofert for 290 million euros ($334 million)

** "We view this announcement as a strong positive," says Stijn Demeester, analyst at ING

** "This asset sale underlines the significant discount at which OCI is currently trading," Demeester adds

** Up to Friday's close, OCI's shares were down 27.8% this year

($1 = 0.8685 euros)

(Reporting by Gianluca Lo Nostro)