Edition:
United Kingdom

OCI NV (OCI.AS)

OCI.AS on Amsterdam Stock Exchange

18.99EUR
7 Dec 2018
Change (% chg)

€-0.06 (-0.32%)
Prev Close
€19.05
Open
€19.20
Day's High
€19.35
Day's Low
€18.90
Volume
291,279
Avg. Vol
307,155
52-wk High
€29.60
52-wk Low
€17.66

Latest Key Developments (Source: Significant Developments)

Oci NV Places Approximately 900 Million Dollars Of New Debt
Friday, 2 Nov 2018 

Nov 2 (Reuters) - OCI NV ::NATGASOLINE SUCCESSFULLY PLACES APPROXIMATELY $900 MILLION OF NEW DEBT AT MORE ATTRACTIVE TERMS THAN EXISTING FINANCING.TERM LOAN B IS PRICED AT LIBOR+350 BPS WITH MATURITY IN 2025.COUPON FOR TAX-EXEMPT BOND WAS PRICED AT 4.625%, WITH MATURITY IN 2031.A FINAL YIELD OF 4.72%.PROCEEDS TO BE USED TO REFINANCE EXISTING $252 MILLION OF TAX-EXEMPT BONDS ISSUED IN 2016.PROCEEDS ALSO TO BE USED TO REFINANCE EXISTING SHAREHOLDER AND CONTINGENCY LOANS AND TO FUND WORKING CAPITAL AND FINANCING COSTS.  Full Article

Oci NV Q2 Net Loss At $40 Million
Friday, 31 Aug 2018 

Aug 31 (Reuters) - OCI NV ::OWN-PRODUCED VOLUMES SOLD INCREASED 47% IN Q2 2018 TO A RECORD OF 2.5 MILLION METRIC TONS.NET LOSS OF $40 MILLION AND ADJUSTED NET PROFIT OF $3 MILLION IN Q2 2018.REVENUES INCREASED 43% TO $793 MILLION IN Q2 2018 COMPARED TO Q2 2017.EBITDA INCREASED 92% TO $215 MILLION IN Q2 2018.SAYS FREE CASH FLOW OF $133 MILLION DURING Q2 2018 COMPARED TO $50 MILLION IN Q2 2017.WE WILL ACHIEVE SIGNIFICANT EBITDA GROWTH AND FREE CASH FLOW GENERATION FROM THIS YEAR ONWARDS.SAYS CONTINUES TO BELIEVE THAT WE WILL ACHIEVE SIGNIFICANT EBITDA GROWTH AND FREE CASH FLOW GENERATION FROM THIS YEAR ONWARDS.WELL-POSITIONED TO ACHIEVE A HEALTHY TRAJECTORY FOR DELEVERAGING.SAYS WE NOW HAVE ONLY ONE GROWTH PROJECT REMAINING, OUR METHANOL EXPANSION AT BIOMCN IN THE NETHERLANDS,.  Full Article

OCI Announces Completion Of The Buyout And Delisting Of OCI Partners LP Common Units
Tuesday, 17 Jul 2018 

July 17 (Reuters) - OCI NV ::ANNOUNCES COMPLETION OF THE BUYOUT AND DELISTING OF OCI PARTNERS LP COMMON UNITS.  Full Article

OCI Says About 9.3 Million Common Units Of OCI Partners Accepted For Purchase
Wednesday, 4 Jul 2018 

July 4 (Reuters) - OCI NV ::APPROXIMATELY 9.3 MILLION COMMON UNITS OF OCI PARTNERS HAVE BEEN ACCEPTED FOR PURCHASE AND WILL EXERCISE BUYOUT RIGHT FOR REMAINING UNITS.  Full Article

OCI: Natgasoline Begins Production At Largest Methanol Facility In United States
Monday, 25 Jun 2018 

June 25 (Reuters) - OCI NV ::NATGASOLINE LLC BEGINS PRODUCTION AT LARGEST METHANOL FACILITY IN UNITED STATES.ANNOUNCED START OF COMMERCIAL METHANOL PRODUCTION AT THEIR 5,000-METRIC TON PER DAY, OR 1.8 MILLION METRIC TONS PER ANNUM, METHANOL PLANT IN BEAUMONT, TEXAS.  Full Article

OCI Partners CEO Found Co Should Take Actions To Initiate Offer To Buy Units Held By Public Unitholders
Monday, 4 Jun 2018 

June 4 (Reuters) - OCI NV ::OCI PARTNERS LP-ON MAY 24, OCI NV'S BOARD DISCUSSED WITH SENIOR MANAGEMENT THE ACQUISITION OF MINORITY INTERESTS HELD BY THIRD PARTIES IN OCI NV'S UNITS.OCI PARTNERS - ON JUNE 1, CEO OF OCI NV FOUND OCI NV SHOULD TAKE ACTIONS TO INITIATE TENDER OFFER TO BUY ALL UNITS OF CO HELD BY PUBLIC UNITHOLDERS.OCI PARTNERS - AFTER COMMUNICATION WITH OCI NV BOARD, CEO OF OCI NV, APPROVED ON BEHALF OF OCI NV, COMMENCEMENT OF TENDER OFFER BY OCI NV - SEC FILING.  Full Article

OCI Forms N-7 Joint Marketing Venture In North America With Dakota Gasification Company
Monday, 21 May 2018 

May 21 (Reuters) - OCI NV ::FORMS N-7 JOINT MARKETING VENTURE IN NORTH AMERICA WITH DAKOTA GASIFICATION COMPANY.OCI NV <<>> - JV TO MARKET AND DISTRIBUTE OVER 4.5 MLN METRIC TONS OF PRODUCT FROM IOWA FERTILIZER COMPANY, OCI PARTNERS IN TEXAS AND DGC’S BEULAH FACILITY IN NORTH DAKOTA.IN ADDITION, N-7 WILL MARKET ANY IMPORTED PRODUCT FROM OCI’S OPERATIONS OUTSIDE NORTH AMERICA.  Full Article

OCI Prices Offering Of 650 Mln Dollar And 400 Mln Euro Senior Secured Notes Due 2023
Wednesday, 18 Apr 2018 

April 18 (Reuters) - OCI NV ::PRICES OFFERING OF $650 MILLION AND €400 MILLION SENIOR SECURED NOTES DUE 2023.DOLLAR NOTES WILL BEAR INTEREST AT A RATE OF 6.625% PER ANNUM.EURO NOTES WILL BEAR INTEREST AT A RATE OF 5.0% PER ANNUM..NOTES WILL BE ISSUED AT PAR.TRANSACTION IS EXPECTED TO CLOSE ON APRIL 26, 2018.INTEREST WILL BE PAYABLE SEMI-ANNUALLY.  Full Article

OCI FY Adjusted EBITDA Up At 634 Million Dollars ‍​
Friday, 16 Mar 2018 

March 16 (Reuters) - Oci Nv ::2017 ADJUSTED EBITDA INCREASED 36% TO $634 MILLION ‍​.FY REVENUE $ ‍​2.25 BILLION VERSUS $ 1.91 BILLION YEAR AGO.EXPECTS IOWA FERTILIZER COMPANY TO CONTINUE ITS RAMP-UP AND ACHIEVE STABLE UTILIZATION RATES IN 2018‍​.TOTAL CAPITAL EXPENDITURE FOR 2018 IS EXPECTED TO BE IN RANGE OF $250 TO $300 MILLION.NATGASOLINE IS EXPECTED TO COMMENCE PRODUCTION IN Q2 2018.SEES BIOMCN’S SECOND METHANOL LINE IS ON TRACK TO START PRODUCTION IN Q4 2018‍​.FOR 2019 AND BEYOND, TOTAL CAPITAL EXPENDITURE IS EXPECTED TO BE IN RANGE OF $150 TO $200 MILLION.EBIC IS EXPECTED TO DELIVER A 2018 FULL YEAR OF HIGH UTILIZATION.FY NET DEBT $ 4.45 BILLION VERSUS $ 4.19 BILLION YEAR AGO.EXPECTS TO RECEIVE BUSINESS INTERRUPTION INSURANCE PAYMENTS IN 2018.FY ADJUSTED NET INCOME ATTRIBUTABLE TO SHAREHOLDERS LOSS $ 27.3‍​ MILLION VERSUS PROFIT OF $ 22.1 MILLION YEAR AGO.  Full Article

OCI N.V. To Acquire 8.4% Of Publicly Held Common Units Of OCIP
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - OCI NV ::OCI N.V. TO ACQUIRE 8.4% OF PUBLICLY HELD COMMON UNITS OF OCIP.ANNOUNCES IT HAS AGREED TO ACQUIRE 7.3 MILLION COMMON UNITS OF OCI PARTNERS LP <<>> AT A TOTAL COST OF $61 MILLION.EXPECTS TO COMPLETE ACQUISITION OF UNITS ON 27 DECEMBER, 2017.  Full Article