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01

Integrated producer of granular urea and anhydrous ammonia at scale

A modern fertiliser complex with two ammonia trains (3,500 mtpd combined) and two urea trains (5,060 mtpd combined). In-house storage, power, water desalination, and a two-berth deep-water jetty make us fully self-sufficient for robust production and direct international export.

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02

Strong industry fundamentals, supported by urea growth and resilient ammonia demand

Global demand for urea and ammonia is underpinned by agricultural demand, with additional growth potential from emerging applications of ammonia as a low-carbon energy carrier. OMIFCO is well-placed to serve this demand as a strategic global supplier.

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03

Attractive geographic location and access to global logistics

Strategically located on Oman's coast, away from the geopolitically sensitive Strait of Hormuz, providing uninterrupted access and reliable supply routes. Integrated port positioning reduces inland logistics; OQ Trading's footprint strengthens market access and price realisation.

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04

Contracted business model with competitive cost position

Fully integrated, low-cost platform underpinned by long-term gas supply and secured offtake. Captive power, water desalination, and gas infrastructure drive self-sufficiency. Plant utilisation of 109% (ammonia) and 117% (urea) between 2015 and 2025, with no major unplanned shutdowns.

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05

Optimally positioned to capitalise on tangible growth opportunities

Multiple avenues identified — short-term operational efficiency projects, medium-term capacity improvement projects, and long-term decarbonisation and clean-energy initiatives.

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06

Attractive dividend capacity supported by strong cashflow generation

Revenue of US$ 686.4 million (2023), US$ 662.3 million (2024) and US$ 802.3 million (2025); EBITDA margins of 54%, 48% and 51% across the same period.

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07

'Fortress' balance sheet enabling strong shareholder returns

Net cash position maintained for several years, substantial cash balances, limited lease liabilities, and no interest-bearing debt. Conservative capital structure provides flexibility for growth opportunities and shareholder returns.

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08

Highly skilled management team with a robust execution track record

Decades of combined operational, commercial, and technical expertise across Oman and India. Proven track record of optimising plant performance, executing major revamps, and maintaining an exceptional safety record.