OCI Ramp-Up of Methanol Capacity slide image

OCI Ramp-Up of Methanol Capacity

OCI Key Highlights | OCI at a Glance What Differentiates OCI Performance Drivers 2018 - 2020 Global leader in nitrogen and methanol with excellent diversification - product & geographical Volume ramp up underway post end of capex program Further double-digit volume ramp-up across both nitrogen Expect to achieve full run-rate during Q4 2019; 2020 first full year IFCO achieving 110%+ utilization rates post debottlenecking Natgasoline ramping up BioMCN M2 ramped up August 2019 OCIB debottlenecking >10% capacity increase achieved July 2019 Substantial reduction in execution risk Growth capex program completed Substantial cash generation and demonstrated deleveraging āœ“ IFCO ramped up and continues to push production levels up Sorfert reaching utilization rates in excess of 90% following 2 major turnarounds during Q1 and Q3 2019 JV with ADNOC (Fertiglobe) adds to consolidated platform Natgasoline ramping up to full production Favourable position on the cost curve with state of the art asset base Highly strategic locations allow for enhanced netback pricing globally Supported by strong industry trends and market dynamics Benign gas pricing environment in both US and Europe Upside from pricing with all prices below mid-cycle averages Demonstrated commitment to financial discipline and deleveraging Significant capital structure simplification achieved Will continue to prioritize FCF towards deleveraging Re-affirming commitment to 2x net leverage target through the cycle 6
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