OCI N.V. — M&A Activity 2015

Jun 16, 2015

Press Release

Amsterdam, the Netherlands / 16 June, 2015

OCI N.V. Closes BioMCN Acquisition

OCI N.V. (NYSE Euronext: OCI) today announced it has closed the acquisition of BioMCN, a methanol producer and pioneer in bio-methanol production based in The Netherlands.

The acquisition adds 440 ktpa methanol design production capacity to OCI N.V.'s current methanol capacity at OCI Beaumont to reach a total of 1.35 million metric tons per annum (excluding BioMCN's mothballed facility with capacity of 430 ktpa).

Recently, OCI Beaumont successfully completed its debottlenecking project and planned turnaround. The debottlenecking project increased the facility's design capacity to 331 ktpa and 913 ktpa for the ammonia and methanol lines respectively. Since completion of the project, the ammonia production line has consistently operated above design capacity and the methanol production line has operated at the new design capacity.

Later this year, OCI N.V. will add additional capacity in the United States to its portfolio, when Iowa Fertilizer Company (IFCo), a greenfield nitrogen fertilizer plant located in Iowa, starts up. IFCo is on schedule for completion in the fourth quarter of 2015.

Construction of Natgasoline LLC, a world-scale 1.75 million metric ton per year greenfield methanol plant in Texas on a site adjacent to OCI Beaumont, is progressing well. The project is on track for completion in early 2017.

Press Release

Current and Future Capacity Additions

Design Capacities¹				Total Fertilizer					Total Fertilizer & Chemicals
Plant	Country	Gross	Net⁶	Urea	UAN⁷	CAN	for sale		Methanol Melamine⁸ DEF		for sale
Egyptian Fertilizers Company² Egypt		800	-	1,550	-	-	1,550	-	-	-	1,550
Egypt Basic Industries Corp.	Egypt	730	730	-	-	-	730	-	-	-	730
OCI Nitrogen³	Netherlands	1,150	350	-	350	1,450	2,150	-	200	-	2,350
Sorfert Algérie	Algeria	1,600	800	1,260	-	-	2,060	-	-	-	2,060
OCI Beaumont⁴	USA	331	331	-	-	-	331	913	-	-	1,244
BioMCN	Netherlands	-	-	-	-	-	-	440			440
Current design capacity		4,611	2,211	2,810	350	1,450	6,821	1,353	200	0	8,374
Iowa Fertilizer Company⁵	USA	770	185	420	1,505	-	2,110	-	-	315	2,425
Year-end 2015		5,381	2,396	3,230	1,855	1,450	8,931	1,353	200	315	10,799
Natgasoline LLC	USA	-	-	-	-	-	-	1,750	-	-	1,750
2017		5,381	2,396	3,230	1,855	1,450	8,931	3,103	200	315	12,549

¹ All tonnage is in thousand metric tons per year and refers to total design capacity, Iowa Fertilizer Company and Natgasoline LLC volumes are estimates. Design capacities at OCI Nitrogen and IFCo cannot all be achieved at the same time; ² Also has a 325 thousand metric ton per year (ktpa) UAN line to capitalize on seasonal UAN price premiums over urea (swing capacity); ³ Also has 500 ktpa of captive urea liquor capacity used to produce downstream products; ⁴ OCI Beaumont Expansion is expected design capacity following completion of the debottlenecking initiative in April 2015; ⁵ IFCo is scheduled to start production in Q4 2015 - design capacities apart from net ammonia are maximum expected capacities and cannot all be achieved at the same time; ⁶ Net ammonia is remaining capacity after downstream products are produced; ⁷ Excludes EFC UAN swing capacity; OCI Nitrogen max. UAN capacity cannot be achieved when producing max. CAN capacity; ⁸ Split as 150 ktpa in Geleen and 50 ktpa in China (Chinese capacity does not account for 49% stake and exclusive right to offtake 90%)

About OCI N.V.:

OCI N.V. (Euronext: OCI) is a global producer and distributor of natural gas-based fertilizers & industrial chemicals based in the Netherlands. We produce nitrogen fertilizers, methanol and other natural gas based products, serving agricultural and industrial customers from the Americas to Asia. We rank among the world's largest nitrogen fertilizer producers, and can produce more than 8.4 million metric tons of nitrogen fertilizers and industrial chemicals at production facilities in the Netherlands, the United States, Egypt and Algeria. We expect total production capacity to reach 12.5 million metric tons by 2017. OCI N.V. is listed on the NYSE Euronext in Amsterdam.

For additional information contact:

OCI Investor Relations Department:

Hans Zayed Director Email: hans.zayed@oci.nl

Tel: +31 (0) 6 18 251 367

For additional information on OCI N.V.:

www.oci.nl

OCI N.V. stock symbols: OCI / OCI.NA / OCI.AS / OCINY

Honthorststraat 19 1071 DC Amsterdam The Netherlands