SA Transcripts • Nov. 11, 2014
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Nov. 11, 2014, 8:35 AM
Aug. 12, 2014, 8:41 AM
Oct. 4, 2013, 5:17 PM
- OCI Partners (OCIP) closed 4.4% higher after the methanol producer's IPO raised $315M, less than the company expected.
- The IPO of 17.5M common units priced at $18 after it was expected to price at $19-$21/unit.
- OCIP plans to use the money raised to pay down debt and increase annual production capacity at its Texas Gulf coast facility for methanol by 25% to ~912K metric tons and for ammonia by 15% to ~305K metric tons.
Sep. 23, 2013, 6:15 PM| Comment!
OCIP vs. ETF Alternatives
OCI Partners LP owns and operates integrated methanol and ammonia production facilities located on the Texas Gulf Coast near Beaumont. The Company sells its products to industrial users and commercial traders.
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