OCI and Adnoc announced on 30 September the completion of their Fertiglobe fertilizer joint venture, which the companies say is the Mena region’s largest fertilizer producer with 5mn t/y of urea and 1.5mn t/y of merchant ammonia capacity. The JV combines the Mena regional business of OCI with Adnoc’s former fertilizers subsidiary. Fertiglobe is headquartered in Abu Dhabi and listed on the Abu Dhabi Global Market (ADGM) exchange.

The JV will operate the EFC and EBIC plants at Ain...