OCI N.V.
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Publicatie datum
16 mei 2013 - 20:58
Statutaire naam
OCI N.V.
Titel
OCI N.V. Trading Update
Bericht
Construction Group Update
• Consolidated backlog as at 31 March 2013 stood at US$ 6.8 billion reflecting a decrease of 3% over the backlog as at 31 December 2012 and an increase of 5% over the same period last year
• New awards totaled US$ 700 million during the quarter as compared to US$ 841 million during the same period last year
• Infrastructure and industrial work constitute 72% of the Construction Group backlog as at 31 March 2013
Fertilizer Group Update
• During the first quarter, the Fertilizer Group sold 1.57 million metric tons of nitrogen-based fertilizer products as compared to 1.33 million metric tons during the same period last year.
• The Group also sold 183 thousand tons of methanol and 38 thousand tons of melamine during the quarter as compared to 23 thousand tons of methanol and 38 thousand tons of melamine during the first quarter of 2012
• The Group’s plants in Egypt, Egyptian Fertilizer Company (EFC) and Egypt Basic Industries Corporation (EBIC), faced natural gas supply curtailments during the quarter which reduced their utilization rates to 47.3% and 29.7% respectively
• Since the tax settlement agreement with the Egyptian Tax Authority (ETA), utilization rates at EFC and EBIC have increased to a daily range of 60-70%
• Iowa Fertilizer Company (Iowa Fertilizer) issued US$ 1.2 billion in bonds in the US tax-exempt market
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Datum laatste update: 19 december 2025