Methanex Management Presentation Methanex Investor Day May 12, 2015 1
Forward ‐ looking Statements & Non ‐ GAAP Measures Information contained in these materials or presented orally at the Methanex Geismar Investor Day on May 12, 2015 (“the Investor Day”), either in prepared remarks or in response to questions, contains forward ‐ looking statements. Actual results could differ materially from those contemplated by the forward ‐ looking statements. For more information, we direct you to our 2014 annual MD&A and first quarter 2015 MD&A, as well as the last slide of the Investor Day Closing Remarks presentation. The materials presented at the Investor Day also contain certain non ‐ GAAP financial measures that do not have any standardized meaning and therefore are unlikely to be comparable to similar measures presented by other companies. For more information regarding these non ‐ GAAP measures, please see our 2014 annual MD&A and our first quarter 2015 MD&A. 2 2
Agenda • Project Execution • Responsible Care • Construction Video • Geismar Organization and Community • Business Landscape • Virtual Plant Tour 3 3
Project Execution 4 4
Geismar 1 Timeline System First Shipment Commissioning Leaves Chile Chile II Commences Dismantling First All Methanol Equipment on Geismar Site Gas Contract Surpassed Signed 3,000 Final tonnes/day Construction Investment production Complete Decision July, Aug 2012 – January, April, December, July, December, January 24, March 2012 2013 2013 2013 2014 2014 2015 10, 2015 Dec 2013 5 5
Disassembly and Loading in Chile 6 6
Atlantic Voyage • 6 Shipments • 30 Day Voyage • ~7500 miles 7 7
Mississippi River Transport • 70 miles from New Orleans • 5 bridges 8 8
Equipment Moving Over Levee 9 9
Equipment Moving Over Levee 1010
Equipment Moving Over Levee 1111
Geismar 1 Construction Stats • Dirt 1,200,000 cu yds / 100,000 truck loads • Pilings = 3,659 • Concrete 30,000 cu yds / 3,000 truck loads • Structural Steel = 2080 Tons • Piping = 32 miles 1212
Geismar 2 Timeline System First Shipment Commissioning Leaves Chile Commences * Chile III First Dismantling Methanol * All Equipment on Geismar Site Target 100% Construction operating Final Completion * rate Investment achieved * Decision April Aug, Sept 2013 – April, September Q2, Q1, 2016 Q1, 2016 May 2014 2014 2014 2016 2013 2015 * Targeted dates 1313
Geismar Project Execution • Key contractors include Jacobs Engineering / Field Services, Cajun Contractors, MMR, Group, CB&I, Turner Industries, and many more • Worked with over 30 different contractors to execute the project • Key learnings from G1 were applied to G2 to continually improve project execution • Some components for G2 already in place including: • Wastewater Treatment • Site Buildings • Terminal • Electrical Substation 1414
Geismar Project Supply Arrangements Gas Supply • G1: 10 ‐ year methanol linked gas supply contract (Chesapeake) Gas Transportation • G1: Enlink • G2: Gulf South Utilities : • Electrical: Entergy • Water, Nitrogen, Steam: Air Liquide 1515
Key RC Performance Indicators Geismar 1 Project : • Roughly 5.2 million hours worked across two locations • Total of seven recordable injuries, one with lost time of low severity Geismar 2 Project : • Roughly 2.8 million hours worked across two locations so far • Total of five recordable injuries, one with lost time of medium severity Key Takeaway: While we can do better, this is a first class performance 1616
Site Progress 1717
Geismar Organization and Community 1818 18
Geismar Organizational Chart VP North America, Kevin Henderson Plant Manager, Glynn Fontenot Kristy DeBenedetto Bob Brady, Meg Mahoney, Nick Dobbins, Jose Rodriguez, Nick Lattimore, Irvine, Greta Gordon, Jack Dirks, Operations Maintenance Responsible Care Public Affairs Technical Manager Human Resources Finance Manager IT Manager Manager Manager Manager Manager Manager 1919
Human Resources Mobilization Job Families Recruited Highlights • Administration • 8 member Site Management Team • Operations • Maintenance/Instrumentation and Electrical • Over 95% of all hires were local • Finance and Accounting • Talented, experienced workforce • Purchasing and Warehouse • Technical/Engineering/Laboratory • Responsible Care/Environment, Health, Safety • Information Technology • Human Resources • Public Affairs Status • G1 121 • G2 – Hired 33 • G2 – Recruiting 6 160 2020
Social Responsibility A Good Community Neighbor and Strong Industry Partner Louisiana Chemical Association (LCA) Greater Baton Rouge Industry Alliance (GBRIA) Ascension Community Awareness & Emergency Response (CAER) Geismar Area Mutual Aid (GAMA) Ascension Chamber of Commerce Industry Partner for Pecan Grove Primary School United Way 2121
Social Responsibility 2222
Social Responsibility 2323
Geismar Business Landscape 2424
Virtual Plant Tour 2525 25
Geismar Technology Conventional Steam Reforming Primary Heat Recover Natural Gas Natural Gas Reforming & Preparation feedstock (catalyst) Compression Product Synthesis Storage Distillation Methanol (catalyst) 2626
Methanex Geismar Facility 2727
Natural Gas Preparation 2828
Primary Reforming 2929
Heat Recover and Compression Insert image 3030
Synthesis 3131
Distillation 3232
Storage 3333
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