Dit staat in de Fertilizer Focus van mei/juni 2023 op bladzijde 23 over Fertiglobe.
Hiervan gaat dan 58% van het tweede halfjaar dividend 2022 van 700 miljoen USD naar OCI volgens mij?
Fertiglobe AGM approves H2 2022
Dividend of USD700 mn
Fertiglobe, the strategic partnership between ADNOC and
OCI Global has recently held its AGM. The AGM agenda
included the approval of the company’s audited accounts
for 2022 as well as cash dividend for H2 2022, amounting
to USD700 mn.
Fertiglobe’s dividends for 2022 were backed by solid
financial performance, driven by competitive positioning on
the global cost curve and strong free cash flow conversion
capacity. Robust earnings and cash generation during the
year resulted in a net cash position of USD287 mn as of
31 December 2022, compared to net debt of USD487 mn
as of 31 December 2021, supporting attractive returns to
shareholders as well as future growth opportunities
Shareholders attending the AGM passed all other agenda
items for the meeting. H.E. Dr. Sultan Ahmed Al Jaber,
Chairman of Fertiglobe, said:
“We are confident that Fertiglobe has a robust strategy
for growth, as the company continues to deliver solid
earnings and drive positive change in the region and
globally, while creating sustainable and long-term value
for its shareholders. Since listing on the ADX in 2021, the
company has delivered robust performance and embarked
on vital initiatives to drive the energy transition and low-carbon economy, in line with Abu Dhabi and the UAE’s
sustainability ambitions. Looking ahead, Fertiglobe is well
positioned to create sustainable value, making meaningful
progress on its ambitions as it capitalizes on a powerful
and strategically located operating platform, world-scale
assets and unique commercial and logistics capabilities.”
Ahmed El-Hoshy, Chief Executive Officer of Fertiglobe,
commented: “I am proud of what the Fertiglobe team
has achieved in 2022, a year where we reached several
important milestones, and created shareholder value
while staying true to our long-term strategy and vision.
In particular, I am pleased with the material progress
achieved on our decarbonization and sustainability
agenda, through initiatives such as eliminating the use
of freshwater across 100% of our operations, launching
the first phase of our Egypt Green Hydrogen project at
COP27, followed by receiving the ISCC PLUS Certification
for renewable ammonia from our Egypt facilities. We have
also made progress on our 1 mn t low-carbon ammonia
per annum project in the UAE, in partnership with TA’ZIZ,
GS Energy Corporation and Mitsui & Co. Ltd, leading to
signing the EPC contract in early 2023, and have completed
pilot shipments of low carbon ammonia to key markets
in Asia and Europe, as well as trial Diesel Exhaust Fluid
(DEF) shipments to Europe, diversifying our portfolio into
industrial products, demonstrating the flexibility and
versatility of our platform