Mr. Janardhanan R

Vice PresidentRegional Head - South Asia & AustraliaSABIC

A Mechanical Engineering Degree from University of Mysore, India, and anMBA from University of Madras, Mr. Janardhanan is responsible for thegrowth of SABIC’s market leadership through partnerships and collaborationwith industry and government stakeholders acrossAustralia, India, Indonesia, Malaysia, Philippines, Singapore, Thailand andVietnam.

He is a veteran in the petrochemical industry with more than 25 years ofexperience from polyolefin to styrene & engineering plastics and chemicals.Prior to joining SABIC, Mr. Janardhanan was the Head of Global TextileChemicals for BASF.

He also held other regional and global roles with BASF in his more than twodecades of service with the company, including marketing, productmanagement, sales & technical service, industry management & marketdevelopment for engineering plastics.

PETROCHEMICALS GLOBAL & INDIA GROWTH PERSPECTIVE Upstream Investment Opportunities and Challenges

Petrochemical Conclave- Indian Oil Ltd.

Janardhanan,R

Vice President

Regional Head- South Asia & Australia,

SABIC

18th March 2013

No. 1

CONTENTS

SABIC Overview

SABIC In India

Petrochemical Industry Growth- Global & Indian

Petrochemical Growth Strategic Drivers & Enablers- Global & Indian

Global Chemical Majors & Indian Companies Petrochemical Co-operations

Successful Partnerships

No. 2

SABIC IN NUMBERS

1976, our beginning

37 years of growth

2nd largest global diversified chemical company*

88th largest public company in the world*

90 B$ total assets

50 B$ annual revenue

40,000 employees

40 countries

6 Strategic Business Units

60 world-class plants worldwide

1 Corporate Research & Innovation Center

17 Technology and Application Centers

150 new products each year

8,000 global patents

* Forbes 2012

No. 3

CREATING

LONG-TERM

SUCCESS

A SPIRIT OF

INGENUITY

COMMITMENT

TO DELIVER ACTIONS NOT

JUST WORDS

OUR PROMISE

We create partnerships that drive growth and leadership for SABIC and our customers.

We call this…

No. 4

INNOVATIVE PLASTICS Our portfolio of nearly 30,000 thermoplastic

resins, specialty compounds, films, sheets,

foams, fibers, additives and intermediates

provides innovative solutions for industries

including automotive, electronics, healthcare,

lighting and construction.

POLYMERS We help find the right alternatives to

replace traditional materials – wood,

cotton or glass – used in a vast

array of consumer and industrial

products.

SIX STRATEGIC BUSINESS UNITS

CHEMICALS

Our largest operating unit

manufactures the essential

building blocks for a wide range

of advanced chemicals, plastics

and materials used in every day

life around the world.

PERFORMANCE

CHEMICALS

Our newest SBU, created

to produce and market

technologically advanced

chemical derivatives. We

tailor high-value chemicals

for specialized industrial and

consumer applications.

FERTILIZERS

We are a global leader in the

fertilizers industry, supplying a

comprehensive portfolio of

nitrogen-based inorganic

products. We help solve the

world’s food supply challenges

with a leading position in Middle

East, Far East, Africa and

the US.

METALS

As a leader in the Gulf region

for steel production and manufacturing, we

produce high-quality metals, and have

played a vital role in the construction and

industrialization of some of the world’s

fastest growing economies.

No. 5

A CONNECTED MANUFACTURING NETWORK

ONE GLOBAL DELIVERY SYSTEM

EMDAD, our supply chain program, ensures

products reach global markets effectively

MIDDLE EAST (22) Saudi Arabia (19)

Bahrain (3)

AMERICAS (17)

USA (11) Canada (2)

Mexico (2)

Argentina

Brazil EUROPE (12) Netherlands (4)

Italy (2)

UK (2)

Austria

Belgium

Germany

Spain

ASIA (9) China (3)

India

Japan

Korea

Singapore

Thailand

Malaysia

No. 6

UNIQUE TRACK RECORD OF SIGNIFICANT GROWTH

16 9

24

36

89 90

6

84

6 2

7

21

50

6.6

0.5

41

50

22

13

28

47

69 72

6

67

In 2012 we have achieved new records and confirmed our

ambitions for growth Assets

$ Billion

Sales revenue

$ Billion

• A high rate of growth reaching 72M metric tons in 2012

• Production has multiplied by 5 in 20 years. Pro

du

cti

on

(m

illio

n to

ns)

2012

Net Income

No. 7

OVERVIEW OF SABIC INDIA

SABIC IN INDIA

• Established in 1994, SABIC Group now has

three 100% owned subsidiaries in India:

SABIC Research and Technology Pvt. Ltd.

SABIC Innovative Plastics India Pvt. Ltd.

SABIC India Pvt. Ltd.

• 1 Manufacturing/Compounding plant in Vadodara

& 11 offices around the country

• 2 research centers: Of which 1 is under

construction in Bangalore

• Over 550 employees

Delhi Gurgaon

Vadodara

Mumbai Pune

Bangalore

Chennai

SABIC Sales/Marketing

Offices

SABIC Manufacturing

SABIC Research &

Technology

INDIA

SABIC’s forthcoming Bangalore

Global Research Center, the largest

of the 4 Research and Application centers

SABIC will inaugurate in 2013

No. 8

GLOBAL CHEMICAL & CHEMICAL GROWTH PROJECTIONS

• Global petrochemical industry growth expected to continue.

• Rapidly developing economies driving global petrochemical growths

Key Global Region Growth

(Figures for 2010 & 2015 ethylene demand)

US

D t

rilli

on

No. 9

INDIAN CHEMICAL INDUSTRY GROWTH PROJECTIONS

India Petrochemical & Chemical industries have significant strategic

growth potentials & aspirations

Key India Regional Growth

(Figures for 2010 & 2015 ethylene volume)

US

D b

illio

n

Nil

No. 10

INDIAN PETROCHEMICAL GROWTH UNDERPINNED BY STRONG STRATEGIC DRIVERS & END MARKETS GROWTH

Indian Chemical &

Petrochemical Growth

Population

Urbanization

Construction Industry

Electronics Industry

Automotive Industry

GDP

No. 11

GLOBAL PETROCHEMICAL & CHEMICAL GROWTH STRATEGIC DRIVERS & ENABLERS

Global Petrochemical Growth

Key Drivers & Enablers

Plans

Petrochemical

Zones

Strategic Alliances

Policies

Approvals

Technologies

Clear plans to promote coordinated

petrochemical & chemical growths

Special

petrochemical zones

& petrochemical

parks with modern

infrastructure,

logistic networks &

utility supplies

Strategic alliances &

JVs of local

companies with

global chemical

companies

encouraged

Favourable policies to

attract foreign chemicals

company investments

Modern Chemical

plants designed with

best-in-class

technologies & built

using first class

contractors &

suppliers

Efficient & flexible

approvals for major

petrochemical &

chemical

investments by

international

companies

No. 12

INDIA PETROCHEMICAL GROWTH STRATEGIC DRIVERS & ENABLERS

Indian Petrochemical Growth Strategic

Drivers & Enablers

Refinery &

Petrochemical

Integration

Manpower Operating Rate &

Reliability

Infrastructure

Utilities

Free Trade

Agreements

Petrochemical Zones,

PCPIRs

No. 13

GLOBAL PETROCHEMICAL MAJORS CAN CONTRIBUTE SIGNIFICANTLY TO INDIA’S GROWTH

Global Majors Contribution to

Indian Petrochemical Growth

Supply of raw material &

intermediates

Advanced managements

& systems

New advanced technology

for petrochemical &

chemical processing &

products

New R&D centers for new

technology & products

innovations

Skill manpower training &

development

New products &

applications for Indian

market

Increase in foreign direct

investment (FDI)

Expand India’s

petrochemical & chemical

market portfolio

No. 14

SUCCESSFUL PARTNERSHIPS- DRIVERS & ENABLERS

Successful Partnership

Feedstock

Infrastructure

Utilities

Policies

Partnership

Market

Secured feedstock at

competitive prices

Modern

infrastructure &

efficient logistic

network required

across India

Reliable utility

supply & good

infrastructure

available in

PCPIRs

Clear & simplified policies

and approval systems for

major petrochemical

investments

Good market

access for locally

produced &

imported chemical

products

‘Win-win’ & reliable

partnerships with

leading Indian

Partners

No. 15

HIGH PERFORMANCE AFFILIATES & JVS

PETROKEMYA Arabian Petrochemical Co.

HADEED Saudi Iron & Steel Co.

IBN ZAHR Saudi European Petrochemical Co.

UNITED Jubail United Petrochemical Co.

IBN AL-BAYTAR National Chemical Fertilizer Co.

YANSAB Yanbu National Petrochemical Co.

AL-BAYRONI Al-Jubail Fertilizer Co.

YANPET Saudi Yanbu Petrochemical Co.

A joint venture with ExxonMobil

AR-RAZI Saudi Methanol Co.

A joint venture with Mitsubishi

SADAF Saudi Petrochemical Co.

A joint venture with Shell

SHARQ Eastern Petrochemical Co.

A joint venture with Mitsubishi

KEMYA Al-Jubail Petrochemical Co.

A joint venture with ExxonMobil

SSTPC SINOPEC SABIC Tianjin

Petrochemical Co.

A joint venture with SINOPEC

IBN RUSHD Arabian Industrial Fiber Co.

GAS National Industrial Gases Co.

SPECIALITY CHEM Saudi Speciality Chemicals Co.

SAFCO Saudi Arabian Fertilizer Co.

SAUDI KAYAN Saudi Kayan Petrochemical Co.

IBN SINA National Methanol Co.

SABTANK SABIC Terminal Services

Company

No. 16

SUMMARY

• India is an attractive and growing

petrochemical & chemical market. Realization

of its full growth potential needs appropriate

policies & infrastructure supports

• Combination of new local petrochemical &

chemical production and imports will be

required to meet the future, growing India

market demands

• New petrochemical & chemical investments

(steam crackers & new plants) in India must be

world-scale & competitive against global

players

• SABIC can contribute in a positive way to the

growth of Indian economy and petrochemical &

chemical industry, plus meet Indian customer

requirements

No. 17 THANK YOU