OCI Partners LP reported a net loss of $1 million on revenues of $74 million for the second quarter ending June 30, 2017, an improvement over the year-ago loss of $15 million on revenues of $56 million. Despite the uptick, the company says results were negatively impacted by unplanned outages in April and May that reduced ammonia utilization to 87 percent and methanol to 72 percent.
For the first six months, the company was in the black at $12 million on revenues of $167 million, up from a year-ago loss of $22 million on $126 million, respectively.