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
ā
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
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