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Woodside to Acquire OCI's Clean Ammonia Project
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Woodside to Acquire OCI's Clean Ammonia Project
Aug 5, 2024 6:35 AM

09:17 AM EDT, 08/05/2024 (MT Newswires) -- Woodside Energy Group Ltd ( WDS ) said Monday it has entered into a binding agreement to acquire all of OCI Clean Ammonia Holding and its lower carbon ammonia project in Beaumont, Texas for $2.35 billion.

The project is under construction and is targeting first ammonia from 2025 and lower carbon ammonia from 2026, Woodside said.

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