OCI Ramp-Up of Methanol Capacity
OCI
M&A
Prudent Financial Policy, with a Short-term Focus on Deleveraging
Risk management
Capital structure
Focus on deleveraging towards 2.0x net leverage
■ Free cash flow will be prioritized to deleverage
Continue to optimise and simplify capital structure
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Reduce weighted average cost of debt and extend debt maturity profile
Opportunistically evaluate financing opportunities
This may include refinancing of other subsidiary debt at the OCI NV level
Over 50% of total run-rate natural gas volumes have fixed price long term contracts
■
MENA assets benefit from 20 - 25 year contracts
■ Well-matched currency profiles of cash flows and debt provides a natural hedge
■ The Group maintains comprehensive business and insurance coverage
■ The Group continuously evaluates M&A opportunities to grow the business
■ These are evaluated based on their contributions to the overall financial profile of the Group
Source: Company information
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