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Business
OCI Acquires Dutch Methanol Plants
by Alexander H. Tullo
June 22, 2015
| A version of this story appeared in
Volume 93, Issue 25
To get a foothold in the European methanol market, the methanol and fertilizer maker OCI NV has agreed to acquire BioMCN for $17 million. BioMCN owns two methanol plants in Delfzijl, the Netherlands—one running, one idle—each with more than 400,000 metric tons of annual capacity. BioMCN purchased the plants in a bid to make methanol from glycerin. A BioMCN affiliate that purifies glycerin, Dutch Glycerin Refinery, is not included in the deal.
The power is now in your (nitrile gloved) hands
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