Established in 2019 as a strategic partnership between ADNOC and OCI Global, Fertiglobe operates four production facilities across the U.A.E., Egypt, and Algeria, with an annual production capacity of 5.1 million metric tons of urea and 1.6 million metric tons of merchant ammonia, making it the largest producer of nitrogen fertilizers in MENA. In May 2024, Fertiglobe awarded a contract to Tecnimont S.p.A. to construct a one million ton per annum low-carbon ammonia facility at Al Ruwais Industrial City, with operations expected to begin in 2027. In October 2024, ADNOC acquired OCI Global’s 50% stake in Fertiglobe, increasing its shareholding to 86.2%.