Decarbonizing Maritime Transport

Ammonia and methanol are versatile and have a diverse set of end applications Ammonia: End-Use Applications Examples Ammonia is primarily utilized in fertilizers, but also supports a diverse array of industrial applications. Nitrogen (ammoniated) fertilizers need to be applied every year unlike P & K. 2020 Ammonia Demand by End Market (100% = 191 Mt) Technical Methanol: End-Use Applications Examples With its diversity of applications – from paints and plastics, furniture and carpeting, car parts and windshield wash fluid - methanol is one of the world's most widely used industrial chemicals 2020 Global Methanol Demand by Derivative (100% = 102 Mt) Others 6% Other 10% NPK 1% Direct 3% Phosphates 6% Urea 53% >70% of ammonia downstream demand is for AS 4% fertilizers UAN 6% CAN 3% AN 8% MTO, 30% DME, 3% Biodiesel, 3% Fuel/Energy Fuel blending, 14% Methylamines, 2% Formaldehyde, 24% Acetic Acid, 8% MTBE, 11% MMA, 2% Methyl Chloride, 2% Methyl Mercaptan, 2% GDP Core Durable Consumer Thermoset Bumpers Fertilizers Animal Nutrition Automotive Goods Fuels Plastics and Resins Aerosols Healthcare Plastics & Resins OCI Source: IEA 2019, CRU, OCI Textile Healthcare Cosmetics Decorative Laminates Textiles MDI/MDF Windshield Washer Electronics 10

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