OCI 4Q Own Volumes Up 15 Percent

OCI NV, Amsterdam, reported a 15 percent increase in fourth-quarter own-produced sold volumes, with sales at 3.4 million mt, up from the year-ago 2.9 million mt. OCI reported a widening in its adjusted net loss attributable to shareholders for the quarter to $44.8 million versus the previous year’s $43.4 million.

The company highlighted it was working on accelerating the transition to producing blue and green ammonia at its plants.