OCI, owned by Egypt’s richest man Nassef Sawiris, to sell methanol business for $2.05 billion
The $2.05-billion deal includes U.S. and European assets and a stake in Natgasoline LLC.
OCI Global
North Africa’s richest man considers breaking up his billion-dollar empire
Sawiris hails U.S. investor Jeff Ubben’s influence as OCI embraces strategic overhaul.
Following Abu Dhabi move, firm linked to Egypt’s richest sells stake in U.S. company
Sawiris, the chairman of OCI, reaffirms his confidence in the recently announced sale, highlighting its potential to create value.