OCI Partners LP (NYSE:OCIP) Files An 8-K Other Events


OCI Partners LP (NYSE:OCIP) Files An 8-K Other Events


Other Events.

On December 6, 2016, OCI Partners LP (OCIP) issued a press
release announcing that its board of directors of its general
partner has received a proposal from OCI N.V. (OCI) to which OCI
would acquire the publicly held common units of OCIP not already
directly or indirectly owned by OCI in a stock for unit exchange.
Subject to negotiation and execution of a definitive agreement,
OCI is proposing consideration of 0.5200 OCI shares for each
issued and outstanding publicly-held common unit of OCIP as part
of a transaction that would be structured as a merger of OCIP
with an indirect wholly-owned subsidiary of OCI.

A copy of the press release is attached as Exhibit 99.1 to this
report and incorporated herein by reference.

Item9.01 Financial Statements and Exhibits.




99.1 Press release, dated December 6, 2016.

About OCI Partners LP (NYSE:OCIP)

OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The Company has an annual methanol production capacity of approximately 912,500 metric tons and an annual ammonia production capacity of approximately 331,000 metric tons. It purchases natural gas from third parties and processes the natural gas into synthesis gas, which it then further processes in the production of methanol and ammonia. It stores and sells the processed methanol and ammonia to industrial and commercial customers for further processing or distribution. Its methanol production unit comprises Foster-Wheeler-designed twin steam methane reformers for synthesis gas production, over two Lurgi-designed parallel low-pressure, water-cooled reactors and approximately four distillation columns. The Haldor-Topsoe-designed ammonia synthesis loop at its facility processes hydrogen produced by methanol production process.

OCI Partners LP (NYSE:OCIP) Recent Trading Information

OCI Partners LP (NYSE:OCIP) closed its last trading session up +0.30 at 7.50 with 75,796 shares trading hands.