Methanex signs definitive agreement to acquire OCI Global’s international methanol business for US$2.05 billion
- Unique opportunity to acquire world-scale producing methanol assets with access to robust North American natural gas feedstock
- Aligns with Methanex’s strategic priorities and value-creation strategy
- Acquisition expected to be immediately accretive to free cash flow per share
- OCI to hold a 13 percent ownership interest upon closing