BP plc · LSE:BP.

BP — Investor Presentation (February 2001)

4 slides from BP's investor presentation, February 2001

Slide 1: Chemicals Portfolio Strategy
Chemicals Portfolio Strategy Extending leading New capacity Aromatics global positions Increased technology leadership Investment in growth markets Intermediates Distinctive portfolio with lead technologies Active portfolio management Extended market reach Olefins & Re-positioning into globalBias to
Slide 2: Performance and Growth
Performance and Growth 3 25 5 0 20 3 0 0 15 0 lume (million ) 2 Unit Cash Cost 5 ($/te) 10 0 2 0 5 0 1 0 5 '9 '9 '0 '0 '0 '0 8 9 0 1 2 3 Base New Plants Transactions (net) Unit Cash Cost Note: Equity share of JV costs and volumes included 2 Source: BP Data
Slide 3: A World-Class Portfolio
A World-Class Portfolio 5 year market growth projection (% per annum) 0 2 4 6 8 10 1 PX Nitriles Acetic PTA TMA Acid 2 PP LAO Strengthen by HDPE - organic growth Strengthen by 3 - organic growth obal Position Total PE 4 Repositioned by - combining operations - organic growth 5 - transactions Olefins
Slide 4: Improved Cycle Resilience
Improved Cycle Resilience 45 20 % 0 40 18 % 0 35 16 % 0 30 14 % 0 25 12 ROACE% Margin, ‘90-’97 0 average 20 10 % 0 15 8 % 0 10 6 % Bottom cycle 10% ROACE 0 5 conditions improvement 4 % 0 0 2 % '9 '9 '9 '9 '9 '9 '9 '9 '9 '9 '0 0 - 0 5% 0 1 2 3 4 5 6 7 8 9 0 Pre-tax ROACE (LHS) Margin Index (RHS) 4 So