New York, August 04, 2016 -- Moody's Investors Service, ("Moody's") downgraded OCI Beaumont LLC's Corporate Family Rating (CFR) to B2 from B1, and revised its outlook to negative as a result of the extended weakness in methanol prices and expected further declines in ammonia pricing before year end, which have compressed margins and lowered Moody's expectations for OCI's credit metrics. Moody's also lowered the Speculative Grade Liquidity (SGL) Rating to SGL-4 from SGL-3 due to the increased possibility of covenant noncompliance within the next twelve months as a result of a deeper than anticipated cyclical downturn in these two markets.

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