NEDERLAND, Texas, May 11, 2015 /PRNewswire/ -- OCI Partners LP, a Delaware limited partnership ("the Partnership"), announced today that it has implemented a state-of-the-art ammonia truck loading facility on-site at its wholly owned subsidiary OCI Beaumont LLC ("OCI-B"). At present, the Partnership sells ammonia via pipeline and barge. The new ammonia truck loading facility will help the Partnership diversify its customer base and generate higher netback prices for a portion of its ammonia sales volumes.
About OCI Partners LP
OCI Partners LP (NYSE: OCIP) owns and operates an integrated methanol and ammonia production facility that is strategically located on the Texas Gulf Coast near Beaumont. The Partnership is headquartered in Nederland, Texas and currently has a methanol production design capacity of 912,500 metric tons per year and an ammonia production design capacity of 331,000 metric tons per year.
Forward-Looking Statements
This press release contains forward-looking statements. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include the words "believe," "expect," "anticipate," "intend," "estimate" and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. These forward-looking statements involve certain risks and uncertainties, including, among others, that our business plans may change as circumstances warrant. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of OCI Partners LP's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission. OCI Partners LP undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, unless required by law.
Contacts:
Omar Darwazah
Director of Investor Relations & Strategy
Phone: +1 917-434-7734
[email protected]
www.ocipartnerslp.com
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SOURCE OCI Partners LP
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