Fertiglobe plc

Fertiglobe plc, founded in 2019 as a strategic partnership between ADNOC and OCI Global and headquartered in Abu Dhabi, is the world's largest seaborne exporter of urea and ammonia combined and the largest nitrogen fertilizer producer in the Middle East and North Africa. It is listed on the Abu Dhabi Securities Exchange under the ticker FERTIGLB, employs more than 2,700 people and serves customers in 44 countries through direct access to six ports on the Mediterranean, Red Sea and Arabian Gulf.

Production capacity totals 6.6 million tons of urea and merchant ammonia across four units: Fertil in Abu Dhabi with 2.1 million tons of urea and 1.2 million tons of ammonia, Egyptian Fertilizer Company with 1.7 million tons of urea and 0.9 million tons of ammonia, EBIC in Egypt with 0.7 million tons of ammonia, and Sorfert in Algeria, in which it holds 51 percent, with 1.6 million tons of ammonia and 1.3 million tons of urea.

In 2024 the company reported revenue of 2,009 million US dollars, adjusted EBITDA of 648 million US dollars at a 32 percent margin, and proposed a total 2024 dividend of 275 million US dollars. On 15 October 2024 ADNOC completed the acquisition of OCI's entire shareholding, raising its ownership to 86.2 percent, and Fertiglobe is positioned as ADNOC's primary platform for low-carbon ammonia, with net low-carbon capacity set to reach 2.4 million tons per year as ADNOC transfers stakes in three projects including the 1 million ton Baytown facility in Texas.