Loading...
Loading...
woodside-to-acquire-oci-globals-clean-ammonia-facility-for-2-35bn
© Rob Bayer / Shutterstock.com
woodside-to-acquire-oci-globals-clean-ammonia-facility-for-2-35bn
© Rob Bayer / Shutterstock.com

Woodside to acquire OCI Global’s clean ammonia facility for $2.35bn

Woodside has acquired OCI Global’s clean ammonia project in Texas, US, for $2.35bn, which is set to produce 1.1 million tonnes per year.

The Australian global energy company entered into a binding equity purchase agreement with OCI for the sale of 100% of its equity interests. The plant in Beaumont is currently under construction and is expected to produce its first ammonia in 2025 and low-carbon ammonia in 2026.

OCI combined its ammonia production, storage and transportation infrastructure with Linde’s low CI hydrogen production and carbon capture technology. Linde also contracted ExxonMobil with the CO2 transportation and sequestration infrastructure.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...