OCI Partners LP Corporate Presentation August 2015
Partnership Overview
Partnership Overview Organizational Structure OCI N.V. (NYSE Euronext Amsterdam: OCI:NA) 100% indirect ownership interest OCI USA Inc. 69,497,590 common units OCI GP LLC 80% limited partner Public Unitholders (our general…
Partnership Overview Asset History of OCI Beaumont DuPont builds 600 Start-up of the OCI N.V. acquires Ammonia Debottlenecking Ktpa methanol ammonia plant minority stake production at the process completed plant, largest in built by…
Partnership Overview OCI Partners Summary OCIs facility near Beaumont, TX (OCI Beaumont) is an integrated methanol and ammonia facility strategically located on the Texas Gulf Coast OCI N.V. acquired the Beaumont plant from Eastman…
Partnership Overview Superior Site with Strong Customer Relationships Selected Methanol Customers Methanol Customers Terms Delivery (LTM) Lucite Methanex Exxon Mobil Arkema Contract Life: 2-5 Years / Renewable Pipeline Barge…
Partnership Overview Debottlenecking Project Drives Distribution Growth Overview Processes The Partnership delayed the planned debottlenecking to Install a selective catalytic reduction unit January 2015 due to the holiday season to…
Partnership Overview Financial Overview and 2Q 2015 Results Summary Three Months Ended Six Months Ended June 30 June 30 US million 2015 2014 Change 2015 2014 Change Revenues 79,568 113,447 -29.9% 117,313 213,026 -44.9% Cost of Goods…
Partnership Overview OCI Partners LP Long-Term Strategy Maximize utilization rates of the debottlenecked plants Leverage sponsors technical know-how, expertise and track-record in identifying value-accretive projects and new…
Partnership Overview Investment Highlights Producer of essential, global products: methanol and ammonia WA MT ME ND Strong cash flow generation and VT Supported byNH a technically OR MN significant step-up in projected ID…
Industry Overview
Industry Overview Chinese MTO changing global Methanol demand Global Methanol End Use Breakdown (2015E and 2020E) (1) Shown in figure to the right, Methanol-to- Olefins is expected to grow at a remarkable pace, projected to become…
Industry Overview Attractive U.S. Methanol Market In 2014, the U.S. imported approximately 4.5 million metric tons of methanol to meet its supply deficit (68% of total demand) The U.S. sources a majority of its imports from Trinidad,…
Industry Overview Methanol Prices Have Generally Risen Steadily Over Time While U.S. Natural Gas Prices Have Decreased Approximately 90% of Chinese methanol producers use higher cost coal as their primary feedstock and 10% use…
Industry Overview Attractive U.S. Ammonia Markets In 2014, the U.S. imported 5.0 million metric tons of ammonia Represents 31% of total consumption Ammonia must be imported to the U.S. as approximately 20 ammonia plants were closed…
Industry Overview Ammonia Prices Remain Strong Along with Crop Prices Historically, there has been a meaningful correlation between nitrogen fertilizer prices and crop prices High crop prices incentivize farmers to increase fertilizer…
Industry Overview Declining Trinidad Natural Gas Reserves: Supportive of OCI Partners LP Story Natural Gas Production Reserve to Production Ratio Trinidad faces fundamental gas deficit issues as (TCf) (R/P Ratio) increased natural gas…
Industry Overview We Expect Our U.S. Natural Gas Advantage to Continue for the Foreseeable Future The emergence of a U.S. shale gas advantage has led to an increase in natural gas supply Production from shale formations increasing to…
Sponsor Overview
Sponsor Overview Overview of Our Sponsor OCI N.V. OCI N.V. is a global natural gas-based fertilizer and industrial chemicals producers with production facilities in the Netherlands, USA, Egypt, and Algeria As of May 2015, the…
Sponsor Overview Overview of Our Sponsor OCI N.V. Leading global natural gas-based fertilizer & chemicals producer Production facilities in The Netherlands, USA, Egypt and Algeria complemented by global distribution network Top 5…
Sponsor Overview OCI Fertilizer Highlights With the addition of Iowa OCI Fertilizer operates five production assets located in North Fertilizer Company (IFCo), Africa (Egypt, Algeria), Europe (the Netherlands) and the U.S., total…
Appendix
Appendix Board of Directors OCI GP LLC Background Served as CEO and director of OCI N.V. and Orascom Construction Nassef Sawiris Director Industries (OCI SAE) since its incorporation in 1998 Significant experience in the nitrogen…
Appendix Partnership Overview Methanol Ammonia Methanol is a liquid petrochemical utilized in a variety Ammonia constitutes the base feedstock for nearly all of of industrial and energy-related applications the worlds nitrogen chemical…
Appendix Product Process Overview Methanol production unit Methanol Process Flow Natural Gas Heat from Natural is a 730,000 metric ton per Gas Combustion year unit that is comprised Syngas of Foster Wheeler- Natural…
Appendix Site Facility Pictures 28
Appendix The U.S. Natural Gas Outlook Low U.S. natural gas prices contribute to the competitive position of U.S. methanol and ammonia producers relative to foreign producers Natural gas forwards project low Henry Hub Spot prices through…
Appendix New Methanol Capacity Production Start Year Methanol Facility (1) Location Technology/EPC Status Capacity (MTPA) 2015 Methanex Geismar I Geismar, LA 1,000,000 Jacobs Engineering 1/24/15 Produced first methanol from Geismar…
Appendix New Ammonia Capacity Production Sellable/Usable Start Year Ammonia Facility (1) Location Technology/EPC Permitting Status Capacity (STPA)* Capacity (STPA) (1) 2015 Agrium Borger, TX +160,000 - KBR 2/25/14 Expected…
Appendix Methanol and Ammonia Plant Closures Year of Production Year of Production Methanol Facility Location Ammonia Facility Location Closure Capacity (MTPA) Closure Capacity (MTPA) 1998 Georgia Gulf Plaquemine, LA 480,000 1999…
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