Investor Presentaiton
CLASSIFICATION: CO - NON-CONFIDENTIAL
Operational performance review
Production (MT' 000)
3,741
+5%
3,945
+9%
3,624
.
1Q-22 vs 1Q-21: production volumes increased, mainly driven by
higher volumes from fuel additives facilities (commercial shutdown
during first half of 2021) and higher steel volumes due to restart of
DR-2 facilities while mothballing DR-1 facilities.
1Q-22 vs 4Q-21: production levels improved, driven by higher PE
volumes (largescale shutdown in 4Q-21) and higher steel volumes
(DR-2 restart), partially offset by lower fertilizer production.
1Q-21
1Q-22
4Q-21
Sales volume (MT' 000)
2,464
1Q-21
+9%
+25%
2,685
1Q-22
2,147
4Q-21
Selling prices ($/MT)
481
+55%
747
-5%
790
1Q-21
1Q-22
4Q-21
15
•
1Q-22 vs 1Q-21: sales volumes increased mainly due to higher fuel
additives volumes and higher fertilizer volumes, partially offset by lower
steel volumes.
1Q-22 vs 4Q-21: sales volumes significantly improved due to higher
PE volumes (largescale shutdown in 4Q-21), higher fertilizer volumes
on account of timing of shipments carried forward from 4Q-21 and
higher steel volumes due to restart of DR-2 facilities.
• 1Q-22 vs 1Q-21: year-on-year price trajectories remain elevated with
continued support from heightened economic activity, persistent GDP
growth and limited supply.
•
1Q-22 vs 4Q-21: prices inched downward due to cautious approach
from buyers, along with seasonal effects weighed on most of
commodities' demand. However, higher energy prices, coupled with
supply side disruptions linked to Russia-Ukraine conflict creating a
new layer of supply deficits.
Industries Qatar, IR Presentation, 1Q-22View entire presentation