Slide 1: Corporate Presentation
Corporate Presentation March 2014
Slide 2: Company Overview
Company Overview A leading global producer of natural gas-based chemicals and an engineering & construction contractor OCI N.V. Re-domiciled from Egypt to The Netherlands through an exchange and tender offer for Egypt-listed OCI S.A.E. Employs approximately 75,000 people worldwide Began trad
Slide 3: Natural Gas-Based Chemicals and Engineering & Construction Contractor
Natural Gas-Based Chemicals and Engineering & Construction Contractor Produces nitrogen fertilizers, methanol and other natural gas based products, serving agricultural and industrial customers from the Americas to Asia Natural Gas Production facilities in The Netherlands, USA, Egypt and Algeria
Slide 4: 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. 1996 - Started the cement grou
Slide 5: Well Positioned Post Transformation
Well Positioned Post Transformation October Charged with tax claim by the Settled in April 2013 for EGP 7.1 billion (c. US$ 1 billion) over ten installments. 2012 Egyptian government The Company is exploring legal options. November Gas curtailments at Forced renegotiations of supply contracts.
Slide 6: Looking Forward: Rebalancing to Financial Strength
Looking Forward: Rebalancing to Financial Strength An improved credit profile, the ramp Equity of US$ 570 million for Iowa Fertilizer Company fully paid to an escrow account. up of Sorfert and increased First tax settlement payment of US$ 360 million. operating rates at Cash Outflows Transac
Slide 7: Looking Forward: Focus on Growth in All Segments
Looking Forward: Focus on Growth in All Segments The chemicals Segment Growth initiatives segment is ramping up production Total sellable capacity 7.5 mtpa as at end-2013. capacity in the US Addition of c. 4.2 mtpa to total capacity of 11.8 mtpa over next three years: The construction ‒ OCI
Slide 8: Chemicals Segment: Ramping-Up Capacity
Chemicals Segment: Ramping-Up Capacity OCI Nitrogen is the Design Capacities - ktpa¹ second largest CAN Ammonia Fertilizer producer in Europe Plant Country Gross Net Urea UAN CAN for sale Methanol Melamine DEF and the largest EFC² Egypt 800 - 1,550 - - 1,550 - - - melamine EBIC Egypt 730 730 - - -
Slide 9: Chemicals Organic Growth Initiatives: Iowa Fertilizer Company
Chemicals Organic Growth Initiatives: Iowa Fertilizer Company In the heart of the corn belt benefiting from a first mover advantage in the US for greenfield plants – broke ground on 19 Plant November 2012 and scheduled to begin commissioning in Q4 2015. Overview Orascom Engineering & Constructio
Slide 10: Chemicals Organic Growth Initiatives: OCI Partners and Natgasoline LLC
Chemicals Organic Growth Initiatives: OCI Partners and Natgasoline LLC 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. Newly rehabilitated – f
Slide 11: Construction Group
Construction Group Consolidated Brand Overview construction backlog of US$ 6.18 billion as at 30 September Core markets: Egypt, Algeria, Abu Dhabi and Saudi Arabia. 2013 2013 ENR Rankings: 141 on International Contractors list; 182 on Global Contractors list. Leading MENA industrial and infr
Slide 12: Construction Group Highlights – Evolution of Backlog
Construction Group Highlights – Evolution of Backlog as at 30 September 2013 Evolution of Consolidated Backlog Evolution of Backlog Split by Client 8.00 7.61 Backlog New Awards 7.20 7.21 7.21 7.04 6.87 7.00 6.93 6.83 Intergroup 7.00 6.65 6.50 6.28 6.40 6.49 6.34 6.18 6.02 5.95 5.89 18.3% 6.00 5.62 5
Slide 13: Appendix
Appendix
Slide 14: 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. launched a share exchange offer with a cash alternative for OCI S.A.E.’s outstanding ordinary shares listed on the EGX on 27 June 2013, concluding with OCI N.V. owning 97.4% of OCI S.A.E. ‒ 89.4% of the offer size resp
Slide 15: Ownership Structure Post-Completion of Tender Offer
Ownership Structure Post-Completion of Tender Offer OCI N.V. directly owns all international 99.4% of OCI S.A.E. OCI N.V. 100% directly operations through The Netherlands OCI S.A.E. owns the Egyptian and Algerian construction operations, EFC OCI S.A.E. Chemicals Construction and Sorfert OCI Egyp
Slide 16: 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 17: Production Facilities
Production Facilities OCI Beaumont – MLP (78.3%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 sellable
Slide 18: 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 19: 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 20: For OCI N.V. investor relations enquiries contact
For OCI N.V. investor relations enquiries contact: Hans Zayed hans.zayed@orascomci.com M +31 (0)6 18 25 13 67 Erika Wakid erika.wakid@orascomci.com M +44 (0)7740 175 117 OCI N.V. corporate website: www.ocinv.nl