Dutch chemicals producer OCI is to hold a strategic review of its business after Inclusive Capital Partners, the activist hedge fund firm founded by Jeff Ubben, urged the company to consider asset sales to boost value, according to a report by Bloomberg.

In a telephone interview with Bloomberg on Tuesday, CEO Ahmed El-Hoshy said OCI will "examine all potential suggestions” proposed by Inclusive, which holds a 5% stake in the business.

In a letter seen by Bloomberg to OCI executive chairman Nassef Sawiris on Tuesday, Ubben said that he believes the €6.1 billion company is “both misunderstood and under-analyzed," and is actually worth 90% more than it's current stock price. Ubben wants OCI to consider selling assets that he believes would be attractive to oil and gas majors moving to cleaner energy forms.