OCI Global Energy Transition Leadership
Global
OCIGI
OCI Benefits From Structural Cost Advantages That Are Hard To Replicate
Low-Cost Position Attributable to Advantageous Access to Feedstock, Young Age and Distribution Infrastructure
OCI gas consumption split in Q3 2023
Ammonia Global Cost Curve, FOB plant cash costs
Y axis: Ammonia FOB costs in 2023, $/t; X axis: Gross ammonia global production, million mt,
9%
Fertiglobe
30%
61%
US
Europe
800
2nd Quartile
1st Quartile
3rd Quartile
Fertiglobe
400
An ADNOC and OCI Company
at current spot prices
OCI
OCI
BEAUMONT
IOWA FERTILIZER
0
0
10
20
30
40
40
50
60
60
70
10
OCI
4th Quartile
NITROGEN
80
90
100
110
120
130
140 150 160
170
All nitrogen and methanol sites outside Europe (91% of gas
consumption in Q2 2023) are 1st quartile on global cost curve
■ OCI's European plants are top quartile on gas to ammonia
conversion efficiency perspective at 31 GJ/NH3 ton vs
European peers
Methanol Global Cost Curve, delivered cash costs to coastal China
Y axis: 2023 costs to coastal China, $/t; X axis: Cumulative Available Capacity, '000 mt
700
600
500
400
300
200
natgasoline
100
KOCI
BEAUMONT
0
1
10
23
42
46
40
2023E China
demand
CFR East China: $303/mt
55
58
69
76
81
89
97
104
Source: Company information, CRU, MMSA
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