Fertiglobe Financial Overview
High Quality Asset Base with 50% of Capacity Younger than 10 Years
Young Asset Base Drives Output, Cost and GHG Emission Advantages
Asset Base Age (1) vs. Industry Average(2)
50%
11%
I
0-10 years
I
■ Fertiglobe
25%
11-20 years
■Industry
Young Assets allow for:
EBITDA
FCF
GHG
Emissions
Higher reliability and onstream time
Better gas conversion
Lower maintenance capex
15%
13%
12%
10%
21-30 years
•
Well-maintained asset base with 50% of capacity younger than 10 years (1), resulting in low maintenance costs and high
reliability, while allowing for much better environmental footprint vs. coal and older gas producing plants
•
By comparison, ~80% of ammonia plants globally are >20 years
•
Fertiglobe plants have overlapping technologies, allowing for cost-efficient and synergistic maintenance
Large, dedicated in-house maintenance team with world-class experience, sharing best practices across assets
Fertiglobe
An ADNOC and OCI Company
Source: Company Information, Phillip Townsend Associates, CRU
23%
31-40 years
41%
✓
✓
✓
41+ years
Technology Providers
Ammonia
Urea
Uhde
ThyssenKrupp
KBR
Uhde
ThyssenKrupp
HALDOR TOPSOE H
Stamicarbon
Notes: (1) Sample size of 142 worldwide operational plants as of 31 December 2020. Fertiglobe data is based on production capacity weighted by plants' age. The industry data is based on a simple average and not weighted by capacity
(2) Includes ammonia plants only
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