AMSTERDAM, April 10, 2026 /PRNewswire/ — OCI Global (Euronext: OCI), (“OCI”) announced today that its wholly owned subsidiary OCI Chemicals B.V. has sold 2 million common shares (“Shares”) of Methanex Corporation (“Methanex”), representing approximately 2.6% of the issued and outstanding Shares (the “Disposition”). The sale price was US$57.65 per share, resulting in net proceeds of approximately US$115.3 million, after customary fees and expenses. The Disposition was made on 9 April as a block trade.

Immediately prior to the Disposition, OCI had beneficial ownership of, or control and direction over, 6,612,962 Shares, representing approximately 8.6% of the issued and outstanding Shares. As a result of the Disposition, OCI now owns or exercises control or direction over an aggregate of 4,612,962 Shares, representing approximately 6.0% of the issued and outstanding Shares.

About OCI Global

Learn more about OCI at www.oci-global.com. You can also follow OCI on LinkedIn.

Additional Information

OCI effected the Disposition for investment purposes. Depending on market conditions and other factors, including Methanex’s business and financial condition, OCI may in future acquire securities of Methanex or sell some or all of the securities of Methanex that it may own at any such time.

Cautionary Statement on Forward-Looking Information

Certain information contained in this press release, including any information relating to OCI’s investment in Methanex, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “may” and “will” and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to the potential for OCI to acquire securities of Methanex in future or to dispose of some or all of such securities that OCI owns at any time. Forward-looking statements are necessarily based upon a number of assumptions, including material assumptions considered reasonable by OCI as at the date of this press release in light of management’s experience and perception of current conditions and expected developments, and are inherently subject to significant business, economic, and competitive uncertainties and contingencies.

Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned not to put undue reliance on forward-looking statements which are not guarantees of future events, and speak only as of the date made. All of the forward-looking statements made in this press release are qualified by these cautionary statements. OCI disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

 

Cision View original content:https://www.prnewswire.com/news-releases/oci-global-sells-shares-of-methanex-corporation-302739054.html

SOURCE OCI Global

Four-year financing commitment supports accelerated action by developing countries towards 2030 environmental goals

WASHINGTON, April 9, 2026 /PRNewswire/ — Donor countries have pledged an initial $3.9 billion to the Global Environment Facility (GEF) for its ninth replenishment cycle, in a powerful demonstration of commitment to meeting international environmental goals through multilateral cooperation.

The significant funding will enable the GEF to bolster investment in nature-positive development, helping developing countries address their most urgent priorities and generate global environmental benefits that help people as well as ecosystems.

Further pledges in support of a robust and ambitious four-year financing round are expected by the GEF Council meeting at the end of May, when the final replenishment package will be approved.

Read the full press release in English, French, or Spanish

“This replenishment sends a clear message: the world is not giving up on nature even in a time of competing priorities. Our donor countries have risen to the challenge and made bold commitments towards a more positive future for the planet. The coming four years of the GEF-9 cycle will reflect this high-ambition push to achieve the 2030 environmental goals,” said Claude Gascon, Interim CEO and Chairperson of the GEF.

The GEF-9 investment cycle will cover the period from July 2026 to June 2030. Four overarching priorities will define the ambition and approach for the GEF over the next four years:

  • Integration and Integrated Programs
  • Blended Finance
  • Whole-of-Government and Whole-of-Society Approaches
  • Robust Funding for LDCs and SIDS, and a Significant Increase in Support to IPLCs

The 71st GEF Council meeting will be held in Samarkand, Uzbekistan from May 31 to June 3, 2026. The meeting will take place in advance of the Eighth GEF Assembly, when individual country pledges will be publicly announced.

About the GEF

The Global Environment Facility (GEF) is the world’s largest multilateral fund for the environment. Its family of funds works together to address the planet’s most pressing challenges in an integrated way. Its financing helps developing countries address complex challenges and work towards meeting international environmental goals. Over the past three decades, the GEF has provided more than $27 billion in financing, primarily as grants, and mobilized another $155 billion for country-driven priority projects. For more information, visit: www.thegef.org

Cision View original content:https://www.prnewswire.com/news-releases/countries-pledge-3-9-billion-to-global-environment-facility-towards-ambitious-ninth-replenishment-302738818.html

SOURCE Global Environment Facility