Bilfinger Se · XETR:GBF
Bilfinger — Bilfinger Berger — Investor Day (December 2010)
28 slides from Bilfinger's investor day presentation, Dec 2, 2010
Slide 1: High Pressure Piping in Power Plants – Water / Steam Cycles
High Pressure Piping in Power Plants – Water / Steam Cycles Capital p Markets Day y “Power Services“ at Moorburg g Power Plant December 2, 2010 Ronald Diehl, Member of the Executive Board of BB Power Services GmbH
Slide 2: Agenda
Agenda g 1. Overview division Piping Technology 2. High-Pressure Piping Systems 3. Service Range 4. Market Structure 5. Clients 6 Contract Types 6. 7. Competitive differentiators and success factors 8. References Bilfinger Berger Capital Markets Day December 2, 2010 Page 2
Slide 3: Overview division Piping Technology: activities in the power plant sector
1. Overview division Piping Technology Bilfinger Berger activities in the power plant sector Fields of competence Service range Basic Engineering Steel Quality (Process Manufactu- construction, Commission- Project j Detail Construction,, assurance,, engineering engineering, ring ring, manlifts manli
Slide 4: Power Services Companies active in Piping Technology
1. Overview division Piping Technology Power Services Companies active in Piping Technology Bilfinger Berger SE Bilfinger Berger Power Services GmbH Energy and Steam Generators Mechanical Apparatus Steam Generators Environmental Piping Technology South Africa and Plant Engineering Engineering Babcoc
Slide 5: Development and volume forecast
1. Overview division Piping Technology Development and volume forecast Orders received Output volume € million € million 600 600 500 500 400 400 300 300 200 200 100 100 0 0 Orders received and output volume include between €120m and €150m / year standard business ((service). ) Bilfinger Berger Capit
Slide 6: Power plant types
2. High-Pressure Piping Systems Power plant types Water/steam cycles in thermal power plants are the connections between the feed water pumps, the boiler / heat exchanger and the turbine. Coal-fired power plants Lignite-fired power plants Nuclear power plants Combined-cycle power stations
Slide 7: BoA power plant – reference RWE Neurath
2. High-Pressure Piping Systems BoA power plant – reference RWE Neurath lignite-fired g power plant (optimised plant design, BoA), 1,100 MW Total material approx. 3,100 t / unit Pipes approx. 2,200 t Form pieces approx 115 t approx. Fittings approx. 190 t Supports/hangers approx. 600 t Total pipe le
Slide 8: BoA power plant – reference RWE Neurath
2. High-Pressure Piping Systems BoA power plant – reference RWE Neurath lignite-fired g power p p plant 172 m level (optimised plant design, BoA), 1,100 MW Feed water 430 bar, 250 °C, Ø 588 mm, w.th. 44 Main steam 295 bar, 610 °C, Ø 549 mm, w.th. 97 Cold reheat 75 bar, 435 °C, Ø 824 mm, w.th.
Slide 9: Service range
3. Service range High intermediate and low pressure piping High, Engineering Manufacturing Erection Service Fabrication of piping Assembly of the Plant maintenance spools prefabricated pipe consulting service spools l anddhhangers Bending Plant maintenance Power plant new engineering Weldi
Slide 10: Position in Target Markets
4. Market Structure Position in Target Markets High Pressure Piping Systems High-Pressure Market leader in Europe Market leader in South Africa One of six leading contractors worldwide Piping Systems in Nuclear Power Plants Market leader in Europe Main Coolant Piping in Nuclear Power Plants (i t (in
Slide 11: Competitors
4. Market Structure Competitors Germany KAM (Kraftanlagen München) BIP (Babcock Industry and Power) E.ON Anlagenservice WWV (Wärmeverwertung) ( ä e e e u g) Europe YIT (Industrial and Network Services), Finland Fives Nordon, France Fabricom (Suez Gaz de France), Belgium Boccard, France Bassi, Italy
Slide 12: Clients
5. Clients Top ten operators and turnkey suppliers / general contractors Bilfinger Berger Capital Markets Day December 2, 2010 Page 12
Slide 13: Contract Types
6 Contract Types 6. BBPS Client Hourly rates Billing on basis of hours and Service contract material spent according to unit rate list BBPS Client Lump sum fixed price for exactly defined scope of supplies and services Lump sum g water/steam cycles e.g. y Unit rate lists with defined quantities BBPS
Slide 14: Competitive differentiators: efficiency and CO2 emission
7. Competitive differentiators and success factors Development of efficiency and CO2- CO2 Emission in Coal-Fired Power Plants Higher Hi h process per kWh temperatures and Process temperature ency pressures … efficie am CO2 p … increase net Efficiency and reduce CO2 emissions. … require better materi
Slide 15: Competitive differentiators
7. Competitive differentiators and success factors Competitive differentiators More than 100 years of expertise and know-how from Mannesmann Anlagenbau (MAB), today BHR Babcock Rohrbau, today BHR Close cooperation with world market leader Vallourec & Mannesmann (V&M), formerly Mannesmann Röhrenw
Slide 16: Core competence: process engineering and design calculation
7. Competitive differentiators and success factors Core competence Process engineering and design calculation Pressure surge g calculation of the main steam piping system Turbine safety shutdown in max. 150 milliseconds Velocity of steam flow up to approx. 210 km/h Bilfinger Berger Capital Marke
Slide 17: Core competence: detail engineering and calculation
7. Competitive differentiators and success factors Core competence Detail engineering and calculation Control of forces and loads Transfer of forces and loads into the building steel structure by means of Lisega Pipe Hangers Rigids Constant hangers Shock absorbers Spring hangers Bilfinger Berger Cap
Slide 18: Core competence: the key technologies
7. Competitive differentiators and success factors Core competence The key technologies Inductive bending Submerged arc welding (SAW) SAW socket welding SAW-narrow gap welding Weld cladding g Manual arc welding Inert-gas Inert gas tungsten-arc tungsten arc welding (TIG) TIG pulse orbital narrow gap
Slide 19: Key technology inductive bending
7. Competitive differentiators and success factors Example: Key technology inductive bending Pipe p bends Production of bends with flow optimised radii = minimised pressure loss Reduction of number of welds = increased benefit Bilfinger Berger Capital Markets Day December 2, 2010 Page 19
Slide 20: Key technology inductive bending (movie)
7. Competitive differentiators and success factors Example: Key technology inductive bending Movie Inductive Bending Bilfinger Berger Capital Markets Day December 2, 2010 Page 20
Slide 21: Successful in the market
7. Competitive differentiators and success factors Successful in the market Coal- and lignite-fired big sized power plant new builds in Germany Number of power plant units (14) Number of BHR projects (12) Bilfinger Berger Capital Markets Day December 2, 2010 Page 21
Slide 22: References: piping in nuclear power plants
8. References High-pressure High pressure piping in nuclear power plants Olkiluoto 3, Finland, EPR 1,600 MWe Bilfinger Berger Capital Markets Day December 2, 2010 Page 22
Slide 23: References: piping in nuclear power plants
8. References High-pressure High pressure piping in nuclear power plants Olkiluoto 3, Finland, EPR 1,600 MWe Bilfinger Berger Capital Markets Day December 2, 2010 Page 23
Slide 24: References: piping in nuclear power plants
8. References High-pressure High pressure piping in nuclear power plants Olkiluoto 3, Finland, EPR 1,600 MWe main steam silencer steam generator pressurization system safety injection system feed water reactor coolant system nuclear reactor containment Bilfinger Berger Capital Markets Day December 2
Slide 25: References: piping in thermal solar power plants
8. References High-pressure High pressure piping in thermal solar power plants Water / Steam Cycles Photo: Siemens press release Bilfinger Berger Capital Markets Day December 2, 2010 Page 25
Slide 26: References: piping in thermal solar power plants
8. References High-pressure High pressure piping in thermal solar power plants Water / Steam Cycles Bilfinger Berger Capital Markets Day December 2, 2010 Page 26
Slide 27: References: piping solutions in offshore wind power plants
8. References Piping solutions in offshore wind power plants Steel pipes for offshore foundations Bilfinger Berger Capital Markets Day December 2, 2010 Page 27
Slide 28: Strong arguments for successful expansion of share in power piping market
Strong arguments for a successful expansion of the share in the worldwide power piping market Thank you for your attention Bilfinger Berger Capital Markets Day December 2, 2010 Page 28