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OCI Partners LP Announces Management Change


NEDERLAND, Texas, March 5, 2018 /PRNewswire/ -- OCI Partners LP (NYSE: OCIP), a Delaware limited partnership ("Partnership"), announced today that on March 2, 2018, Mr. Fady Kiama resigned as Vice President and Chief Financial Officer of the general partner of the Partnership, effective March 15, 2018, to pursue other opportunities. On March 2, 2018, Mr. Beshoy Guirguis, currently serving at the Partnership's parent company OCI N.V. (Euronext: OCI) as Chief Financial Officer of OCI Americas, was appointed as Vice President and Chief Financial Officer of the general partner of the Partnership, effective March 15, 2018. In addition to this new position, he will continue to serve as CFO of OCI Americas.

OCI Partners LP. (PRNewsFoto/OCI Partners LP)

Mr. Guirguis has extensive experience in the financial, industrial, and petrochemical industries. He joined the OCI N.V. Business Development and Investments team in 2010, evaluating numerous greenfield and brownfield opportunities across multiple geographies. Since late 2011, he has been part of the leadership team responsible for OCI's growth in North America, undertaking various roles including project development and financial management. He was appointed CFO of OCI Americas in 2017, which involves oversight responsibilities over OCI Partners. Mr. Guirguis attended the University of Pennsylvania, where he earned Bachelor's degrees in business and bioengineering, and graduated summa cum laude.

"I would like to thank Fady for all his contributions to the Partnership during the past five years and for his service prior to the Partnership, when he was a key member in the finance management team of OCI N.V. for 11 years," said Ahmed El-Hoshy, President and Chief Executive Officer of OCI Partners LP. "I wish Fady well in his future endeavors and would like to welcome Beshoy to his new role. Beshoy brings a wealth of experience and thanks to his successful time at OCI N.V., his familiarity with the business will ensure a smooth transition."

About OCI Partners LP

OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is strategically located on the Texas Gulf Coast near Beaumont. The Partnership is headquartered in Nederland, Texas and currently has a methanol production design capacity of 912,500 metric tons per year and an ammonia production design capacity of 331,000 metric tons per year.

Hans Zayed
Director of Investor Relations
Phone: +1 917-817-5159

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