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According to Arab Net, within the framework of the alliance, $375 million (1.37 billion dirhams) will be pumped in exchange for a 15% stake in the Methanol OCI group, provided that the group will be included as a company within the Abu Dhabi Global Market.
The alliance focuses on clean methanol as the fuel of the future, with hydrogen as a key feedstock, which will enable the Methanol OCI group to drive and accelerate the transition to a hydrogen economy.< /p>