Royal Vopak NV · EURONEXT:VPK
Royal Vopak NV — Investor Day (July 2008)
27 slides from Royal Vopak NV's investor day presentation, Jul 10, 2008
Slide 1: Analyst's Presentation CEMEA
Analyst’s Presentation CEMEA Antwerp July 10, 2008 Professionals in liquid bulk logistics
Slide 2: Introduction
Introduction
Slide 3: Vopak Terminals CEMEA
Vopak Terminals CEMEA Benelux terminals: gate to Europe 500 km 1000 km
Slide 4: Vopak's market share in Europe
Vopak’s market share in Europe Top 10 Independent storage providers for Chemical products Vopak 3.39 LBC 1.19 Simon 0.94 Storage RUBIS 0.77 Odfjell 0.74 Terminals Oiltanking 0.53 Koole Tank 0.46 Storage Sea-Tank 0.44 Baltic Tank 0.40 Westway 0.39 0 1 2 3 4 5 Per Million CBM
Slide 5: Vopak in Antwerp Chemical cluster
Vopak in Antwerp Chemical cluster degussa. VOPAK VOPAK ACS LEFT BANK VOPAK EUROTANK VOPAK HEMIKSEM
Slide 6: Trends
Trends
Slide 7: Operational Excellence
Operational Excellence Vopak CEMEA LTIR Vopak CEMEA LTIR Own personnel Contractors & third parties 20.0 25.0 16.9 21.2 20.0 15.0 14.0 Downward trend Downward trend 15.1 15.1 15.0 13.0 9.7 12.2 10.0 7.3 10.0 5.0 4.2 4.3 TIR own TIR contractors 5.0 4.3 4.3 4.4 personnel & third parties 2.2 1.7 LTIR ow
Slide 8: Key facts & figures Vopak CEMEA
Key facts & figures Vopak CEMEA No. of Terminals 18 No. of Countries 6 Total CBM 4.149.143 EBIT Vopak CEMEA EBIT CEMEA (in €M) 40.0 30.0% 25.0% 30.0 20.0% 23.5 23.1 22.5 22.4 20.9 20.0 15.0% ROCE 17.6 15.7 EBIT CEMEA 14.3 12.9 13.1 10.0% 10.2 10.7 10.8 10.0 5.0% 0.0 0.0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q
Slide 9: Net sales per HY CEMEA
Net sales per HY CEMEA Net Sales (in €M) 180 170 163.0 161.2 160 150.7 150 145.9 140 136.3 130 127.6 125.2 120.2 120 110 100 1st HY 2004 2nd HY 2004 1st HY 2005 2nd HY 2005 1st HY 2006 2nd HY 2006 1st HY 2007 2nd HY 2007
Slide 10: Net sales CEMEA
Net sales CEMEA Revenue development 2004 -> 2007 in € mln 340 324.2 320 300 296.6 280 263.9 260 245.4 240 220 200 2004 2005 2006 2007
Slide 11: Growth Leadership
Growth Leadership
Slide 12: Rationalization of the Business
Rationalization of the Business Standic Vopak Terminal Hemiksem Vopak Barging Europe
Slide 13: Expansion projects CEMEA - Belgium (Linkeroever)
Belgium Expansion projects CEMEA Additional capacity: 40.000 cbm Tanks: 16 Products: Chemicals Completion date: Sept. 2009 Capacity: 100.000 cbm Vopak Tanks: Access: 60 Vessel, Barge, Rail, Truck Draught: 12,5 m Terminal Berth: Products: 1 for vessels, 2 for barges Chemicals, Oleochemicals Linkeroev
Slide 14: Expansion projects CEMEA - Belgium (ACS)
Belgium Expansion projects CEMEA Additional capacity: 12.770 cbm Tanks: 7 Products: Chemicals Completion date: Sept. 2007 Capacity: 194.000 cbm Vopak Tanks: Access: 126 Vessel, Barge, Rail, Truck Draught: 12,8 m Terminal Berth: Products: 5 for vessels, 5 for barges Chemicals, Liquid Sulphur ACS Serv
Slide 15: Expansion projects CEMEA - Netherlands (Botlek)
The Netherlands Expansion projects CEMEA Additional capacity: 149.000 cbm Tanks: 8 Products: Ethanol Completion date: April 2009 Capacity: 695.195 cbm Vopak Tanks: Access: 204 Vessel, Barge, Rail, Truck, Pipeline Draught: 12,5 m Terminal Berth: Products: 6 for vessels, 3 for barges Chemicals Botlek
Slide 16: Expansion projects CEMEA - Netherlands (Vlaardingen)
The Netherlands Expansion projects CEMEA Additional capacity: 60.000 cbm Tanks: 18 Products: Vegoil and Biodiesel Completion date: Q2 2009 Capacity: 428.200 cbm Vopak Tanks: Access: 420 Vessel, Barge, Rail, Truck Draught: 13 m Terminal Berth: Products: 3 for vessels, 11 for barges Vegetable oils, Ol
Slide 17: Expansion projects CEMEA - Spain (Tarragona)
Spain Expansion projects CEMEA Additional capacity: 14.000 cbm Tanks: 5 Products: Chemicals Completion date: 2009 Capacity: 416.000 cbm Terquimsa Tanks: Access: 123 Vessel, Rail, Truck, Pipeline Draught: 11 m Tarragona Berth: Products: 3 for vessels Petroleum Products, Chemicals, Vegetable oils, Ole
Slide 18: Expansion projects CEMEA - UK (Teesside)
United Kingdom Expansion projects CEMEA Additional capacity: 40.000 cbm Tanks: 8 Products: Biodiesel Completion date: Oct. 2008 Capacity: 246.600 cbm Vopak Tanks: Access: 160 Vessel, Truck, Pipeline Draught: 10 m Terminal Berth: Products: 3 for vessels Petroleum Products, Chemicals, Teesside Service
Slide 19: Expansion projects CEMEA - UK (London)
United Kingdom Expansion projects CEMEA Additional capacity: 45.000 cbm Tanks: 7 Products: Transport fuels and components Completion date: 2008 Capacity: 392.899 cbm Vopak Tanks: Access: 125 Vessel, Barge, Truck Draught: 10,4 m Terminal Berth: Products: 3 for vessels Petroleum Products, Chemicals, L
Slide 20: Customer Leadership
Customer Leadership
Slide 21: Customer leadership
Customer leadership • Understand market developments of our customers • Customer satisfaction survey • KAM
Slide 22: Cost Leadership
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Slide 23: Cost leadership
Cost leadership • Process Optimization – Automation – Efficiency Improvements • Energy Savings Projects • Reduce and prevent costs of spills and claims
Slide 24: Biofuels
Biofuels
Slide 25: Why biofuels? World primary energy demand
Why biofuels? World primary energy demand 18 000 Other renewables 16 000 Nuclear Biomass 14 000 12 000 Gas 10 000 Mtoe 8 000 Coal 6 000 4 000 Oil 2 000 0 1970 1980 1990 2000 2010 2020 2030 1. Increasing concern over energy supply and reduction of energy dependence Source: IEA WEO 2006
Slide 26: Why biofuels?
Why biofuels? Future of car fuels in 2. Increasing demand for transport fuel Europe (Energy vision of ECN, Aug 2007) For the next decades biofuels are seen as the only viable alternative for fossil fuels 3. Increasing concern over environment (GHG effect on Global warming) 4. New prospects for agric
Slide 27: Thank you
THANK YOU