N-7 LLC (N-7), a joint venture between OCI N.V. (Euronext: OCI) and Dakota Gasification Company (DGC), today announced it signed an exclusive agreement with Cornerstone Chemical for an offtake arrangement for DEF and urea liquor from their plant in Waggaman, LA, starting January 2023. The agreement increases N-7’s marketing footprint to create a portfolio of 4 producers and 5 production facilities with reach across the United States, strengthens N-7’s number two position in the country, and further increases supply security for N-7’s customers.
Ahmed El-Hoshy, Chief Executive Officer of OCI N.V. said: “We are pleased to work with Cornerstone. which solidifies our leading position in the diesel exhaust fluid markets. This partnership helps us to offer enhanced services for this product, that offers environmental benefits and fuel-efficiency to our customers.”
Todd Telesz, CEO of Basin Electric (parent of Dakota Gasification Company), said: “We are extremely excited to have Cornerstone as a partner of N-7, OCI, and Dakota Gas. This opportunity provides even more reliability to our customer base and solidifies additional supply in the United States. We look forward to the partnership and serving the DEF, urea liquor, and automotive grade urea markets as a supplier of choice.”