Oci Nv · EURONEXT:OCI
Oci Nv — Non-Deal Roadshow (October 2013)
21 slides from Oci Nv's roadshow presentation, Oct 3, 2013
Slide 1: OCI N.V. Roadshow Presentation
OCI N.V. Roadshow Presentation 30 September – 3 October 2013
Slide 2: Company Overview
Company Overview Listing Information: A leading global nitrogen fertilizer producer and engineering & construction contractor. Listed on the NYSE Re-domiciled: from Egypt to The Netherlands through an exchange and tender offer for Egypt-listed OCI S.A.E. Euronext Amsterdam on 25 January 2013 ‒
Slide 3: Company History
Company History Established in the 1950s by Onsi Sawiris as a construction contractor in Egypt. 1950 - Present Construction Developed into a leading industry player with a backlog of US$ 6.3 billion as at 30 June 2013 across the Middle East, Asia, USA and Europe. Started the cement group in th
Slide 4: Ownership Structure Post-Completion of Tender Offer
Ownership Structure Post-Completion of Tender Offer OCI N.V. directly owns all international operations through The Netherlands 97.4% of OCI S.A.E. OCI N.V. 100% directly OCI S.A.E. owns the Egyptian and Algerian construction operations, EFC and Sorfert OCI S.A.E. Fertilizer Construction OCI Egy
Slide 5: Fertilizer Group: Ramping-Up Capacity
Fertilizer Group: Ramping-Up Capacity OCI Nitrogen is the second Design Capacities - ktpa¹ largest CAN producer in Ammonia Fertilizer Europe and the largest Plant Gross Net Urea UAN CAN for sale Methanol Melamine DEF melamine producer in the world Egyptian Fertilizers Company² 800 - 1,550 - - 1,55
Slide 6: Construction Group: Expanding in New Markets
Construction Group: Expanding in New Markets Backlog & New Awards by Quarter 30 June 2013 Backlog by Sector 8.00 7.61 Backlog New Awards 7.20 7.21 7.21 7.04 6.87 7.00 6.93 6.83 7.00 6.65 6.50 6.28 6.40 6.49 6.34 Commercial 6.02 5.95 5.89 6.00 5.62 5.64 27.5% 5.11 5.23 US$ billions 5.00 Infrastructur
Slide 7: Transformational Year
Transformational Year October Charged with tax claim by Settled in April 2013 for EGP 7.1 billion (c. US$ 1 billion) over ten installments. 2012 the Egyptian government The Company is exploring legal options. November Gas curtailments at Forced renegotiations of supply contracts. 2012 EFC / EB
Slide 8: Well-Diversified Portfolio
Well-Diversified Portfolio H1 2013 Revenue Breakdown Other 3.3% Egypt 18.0% OCI N.V.’s diverse revenue base serves as a natural hedge North America 25.2% Diversified against country risk. South America Revenue Base 5.5% No single region exceeds 25% of total revenue. Asia Europe 4.1% 24.5% Africa
Slide 9: Looking Forward: Rebalancing to Financial Strength
Looking Forward: Rebalancing to Financial Strength An improved credit profile, the ramp up of Sorfert and Equity of US$ 570 million for Iowa Fertilizer Company fully paid to an escrow account. increased operating rates at the Egyptian plants allows First tax settlement payment of US$ 360 milli
Slide 10: Appendix
Appendix OCI
Slide 11: OCI N.V.'s Acquisition of Orascom Construction Industries (OCI S.A.E.)
OCI N.V.’s Acquisition of Orascom Construction Industries (OCI S.A.E.) OCI N.V. owns 97.44% of OCI OCI N.V. launched a share exchange offer with a cash alternative for OCI S.A.E.’s outstanding ordinary S.A.E. shares listed on the EGX on 27 June 2013, concluding with OCI N.V. owning 97.4% of OCI
Slide 12: Consolidated Interim Results Highlights
Consolidated Interim Results Highlights Consolidated Financials US$ million H1 2013 H1 2012 Change Revenue from Continuing Operations 3,096.3 2,627.0 17.9% EBITDA from Continuing Operations 367.4 534.1 -31.2% EBITDA Margin 11.9% 20.3% (-) 850bp Income from Operations 225.7 406.3 -44.4% Interest Inco
Slide 13: Fertilizer Group
Fertilizer Group OCI
Slide 14: Fertilizer Production Facilities
Fertilizer Production Facilities OCI Beaumont – MLP (100%1) OCI Nitrogen (100%) Egyptian Fertilizers Company (EFC) (100%) USA-based Netherlands-based Egypt-based Capacity: Capacity: Capacity: − 265 ktpa of ammonia − 1.4 mtpa of CAN − 1.55 mtpa of urea − 730 ktpa of methanol − 350 ktpa of
Slide 15: OCI Fertilizer Global Distribution Presence
OCI Fertilizer Global Distribution Presence A global distribution network with a strong presence in Europe and strategic joint ventures in Brazil and the USA While OCI maintains good relations with major international fertilizer traders, the majority of OCI sales are direct to customers Sales
Slide 16: Fertilizer Organic Growth Initiatives: New Capacity Coming On-Stream
Fertilizer Organic Growth Initiatives: New Capacity Coming On-Stream Largest integrated ammonia-methanol plant in North America. Competitive location on Gulf Coast, strong ammonia / methanol economics in the US market on the and attractive natural gas feedstock costs. OCI Newly rehabilitated –
Slide 17: Construction Group
Construction Group OCI
Slide 18: Construction Group Structure
Construction Group Structure Consolidated construction Brand Overview backlog of US$ 6.34 billion as at 30 June 2013 Core markets: Egypt, Algeria, Abu Dhabi and Saudi Arabia. 2013 ENR Rankings: 141 on International Contractors list; 182 on Global Contractors list. Diversified geographic pres
Slide 19: Construction Group Highlights – Evolution of Backlog
Construction Group Highlights – Evolution of Backlog Evolution of Backlog Split by Sector Evolution of Backlog Split by Client 100% 100% 1.2% 0.9% 1.2% 0.7% 0.5% 0.9% 0.7% 1.2% 0.9% 0.8% 1.0% 90% 21.9% 24.4% 24.7% 90% 18.3% 19.2% 19.3% 26.9% 29.1% 28.4% 32.1% 28.2% 31.3% 30.4% 33.4% 26.5% 27.7% 27.5
Slide 20: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS DOCUMENT IS NOT AN EXTENSION INTO THE UNITED STATES OF THE OFFER MENTIONED BELOW AND IS NOT AN OF
Slide 21: For OCI N.V. investor relations enquiries contact
For OCI N.V. investor relations enquiries contact: Hassan Badrawi hbadrawi@orascomci.co.uk T: +44 207 439 4801 Omar Darwazah odarwazah@orascomci.co.uk M +20 12 681 7970 Erika Wakid ewakid@orascomci.co.uk M +20 12 855 8779 OCI N.V. corporate website: www.ocinv.nl