PETRONAS Chemicals Group Bhd. · MYX:PCHEM

PETRONAS Chemicals Group Bhd — Q2 2014 Earnings Presentation

15 slides from PETRONAS Chemicals Group Bhd's earnings presentation, Aug 11, 2014

  1. Slide 1: Quarterly Results Announcement

    QUARTERLY RESULTS ANNOUNCEMENT Highlights for the Quarter Ended June 2014 11 August 2014 Presentation Title (acronym) ; Division – Name/OPU/HCU/BU (acronym) ; PETRONAS Chemicals Group Berhad Name of Presenter ©Petroliam Nasional Berhad (PETRONAS) 2014 1

  2. Slide 2: Disclaimer

    Disclaimer Warranties and Exclusion of Liability PETRONAS Chemicals Group Berhad (“PCG”), its subsidiaries and related corporations confirm that care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and app

  3. Slide 3: PCG Management

    PCG Management Sazali Hamzah Farina Farikhullah Khan Akbar Md Thayoob President/Chief Executive Officer Chief Financial Officer Head of Commercial M Yusri M Yusof Abdul Aziz Othman Nor Shahda Zakaria Head of Manufacturing Head of Strategic Planning and Ventures Head of Investor Relations PETRONAS Ch

  4. Slide 4: Key Highlights

    Key Highlights  Completed divestment of Phu My Plastics Chemical Company  Developed innovative customer solution for solar panel cutting fluid applications  Steady global economy but mixed key market environment  Completed major turnaround activities  Financial performance reflected challenging

  5. Slide 5: Market Environment – Key Spreads (Olefins & Derivatives)

    Market Environment – Key Spreads (Olefins & Derivatives) 600 500 400 300 200 100 0 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Ethylene LDPE HDPE LLDPE 800 700 600 500 400 300 200 100 0 Jan-13 Feb-13 Mar-13 Apr-13 May-

  6. Slide 6: Market Environment – Prices (Fertilisers & Methanol)

    Market Environment – Prices (Fertilisers & Methanol) 800 700 600 500 400 300 200 100 0 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Methanol Urea Ammonia PETRONAS Chemicals Group Berhad 4

  7. Slide 7: Quarterly Group Plant Utilisation

    Quarterly Group Plant Utilisation Plant Utilisation (%) Group # of TA: 1 # of Days: 6 # of TA: 0(1) # of TA: 1 # of Days: 9 # of TA: 4 # of Days: 31 # of TA: 3 # of Days: 114 # of TA: 0(2) # of Days: 145 93% # of Days: 64 83% 80% 69% 66% 76% Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Olefins &

  8. Slide 8: Revenue, EBITDA (RM million) & EBITDA Margin (%)

    Revenue, EBITDA (RM million) & EBITDA Margin (%) Group 40% 40% 29% 21% 33% 29% 4,455 3,872 3,806 3,527 3,349 3,341 1,780 1,552 1,032 1,247 956 712 Q1 FY13 Q2 FY13 Q3 FY13 Q4 FY13 Q1 FY14 Q2 FY14 Olefins & Derivatives Fertilisers & Methanol 38% 36% 28% 17% 31% 27% 45% 48% 31% 38% 40% 36% 3,164 2,778

  9. Slide 9: Group Cash Flow

    Group Cash Flow (RM million) Quarter Ended Quarter Ended Change 30 June 2014 30 June 2013 Cash flows generated from operating activities 2,228 2,822 (594) Cash flows used in investing activities (1,274) (345) (929) Cash flows (used in)/generated from financing (1,018) (1,275) 257 activities Net incr

  10. Slide 10: Key Strategies for Operational Excellence

    Key Strategies for Operational Excellence  Focused and effective turnaround - Core team assignment - Qualified contractors with strong track record  Enhancing internal reliability - Continuous augmentation of plant maintenance program  Strengthening supplier management program - Synchronisation o

  11. Slide 11: Methanol Feedstock Supply Chain

    Methanol Feedstock Supply Chain Upstream Supplier PCG Cluster 3 New Field 1 Multiple gas fields To Other Facilities New Field 2 New Pipeline Project Cluster 2 Field 1 FPSO Field 2 Field 1 Cluster 1 Field 2 PETRONAS Chemicals Group Berhad 9

  12. Slide 12: Market Highlights

    Market Highlights In 2H 2014, we expect product prices to improve slightly, with the exception for urea and aromatics given weak demand and long supply situations. Olefins & Derivatives Fertilisers & Methanol  Firm olefins and derivatives on  Softer urea and ammonia markets on supply tightness, de

  13. Slide 13: Appendix: Financial Summary

    Appendix: Financial Summary (RM million) Quarter ended Quarter ended Quarter ended Period ended Period ended 30 Jun 2014 30 Jun 2013 31 Mac 2014 30 Jun 2014 30 Jun 2013 Revenue 3,341 3,872 3,806 7,147 8,327 Operating profit 748 1,374 1,047 1,795 2,964 Share of profit of equity 38 12 49 87 73 account

  14. Slide 14: For further enquiries please contact us

    For further enquiries please contact us at: Nor Shahda Zakaria, Head of Investor Relations PETRONAS Chemicals Group Berhad Tel: +603 2331 2615 Level 14, Tower 1, PETRONAS Twin Towers KUALA LUMPUR CITY CENTRE, Liew Lai Jing 50088 KUALA LUMPUR, MALAYSIA Tel: +603 2331 7899 Fax: +603 2331 3060 Ezalman

  15. Slide 15: Thank You

    Thank You www.petronaschemicals.com.my © 2014 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, Presentation Title (acronym) ; recording

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