General
OCI Global exits Methanex stake
Raises $138M in clean break from holding
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By ICN Bureau | April 24, 2026
OCI Global has fully exited its position in Methanex Corporation, completing a clean divestment of its remaining stake in the Canadian methanol producer.
The company confirmed that its wholly owned subsidiary, OCI Chemicals, sold all 2,612,962 common shares of Methanex Corporation—around 3.4% of the company’s issued and outstanding shares—through a block trade executed on 20 April.
The shares were sold at US$52.85 each, generating approximately US$138.1 million in net proceeds after fees and expenses.
Following the transaction, OCI Global said it no longer owns, controls, or directs any shares in Methanex, marking a complete exit from its position.
The company framed the move as an investment decision, while leaving the door open to future action depending on market conditions. It noted it may “in future acquire securities of Methanex or sell some or all of the securities of Methanex that it may own at any such time,” depending on factors including Methanex’s performance and broader market dynamics.
OCI also reiterated that forward-looking statements are subject to uncertainty and should not be seen as guarantees of future activity.
