Pt Inocycle Technology Group Tbk · IDX:INOV
Pt Inocycle Technology Group Tbk — Investor Presentation (June 2020)
35 slides from Pt Inocycle Technology Group Tbk's investor presentation, June 2020
Slide 1: PT Inocycle Technology Tbk (INOV) Investor Presentation
PT Inocycle Technology Tbk (“INOV”) Turning waste to resources Investor presentation, June 2020
Slide 2: Sustainability Certification on ESG
Has received The INOV’s achievements in The Sustainability Sustainability Certification: Certification on ESG from • Processing 2 billions of plastic bottles waste into resources annually. • Reducing carbon footprint to 0.0005tCO2 emission per production unit. • Partially substituting fossil fuel us
Slide 3: Table of Contents
We are Table of Contents 1 Introduction 2 Company Overview 3 Manufacturing Plants & Products 4 Financial Highlights 5 Investment Highlights
Slide 4: We turn waste to resources
We are We turn waste to resources
Slide 5: Company Overview
Company Overview ▪ Established in 2001, under the name of PT Hilon Felt (subsidiary of Hilon Indonesia) ▪ Products : Recycled Polyester Staple Fiber (Re-PSF), Non-Woven Polyester ▪ Locations : Tangerang (Head Office), Karanganyar, Mojokerto, Palembang, Semarang Recycle > 2 billion plastic bottles Gl
Slide 6: Current Capacity and Utilization
Company Overview Current Capacity and Utilization Location Product Capacity Utilization Tangerang Re-PSF 10,200 Tons 85% Karanganyar, Re-PSF 10,200 Tons 95% Solo Mojokerto Re-PSF 13,200 Tons 90% Salatiga Non-Woven 2,000 Tons 82% Palembang Non-Woven 1,800 Tons 75% Sales and Distribution Domestic: Jab
Slide 7: Our Production Overview
Our Production Overview PET bottles Clean bottles as Flaked Recycled Polyester waste raw materials bottles Staple Fiber (Re-PSF) 1 2 3 4 5 7 Introduction Company Overview Products&Plants Financial Highlights Investment Highlights
Slide 8: PET Bottle
PET Bottle PET (Polyethylene terephthalate) bottles, are plastic bottles that are commonly used to store beverages. 1 2 3 4 5 8 Introduction Company Overview Products&Plants Financial Highlights Investment Highlights
Slide 9: Products Overview
Products Overview Our main product: Recycled Polyester Staple Fiber (Re-PSF), a synthetic fiber from recycled PET bottles waste. It is an effective way to utilize the waste since PET bottle is not bio-degradable The versatility of our Re-PSF is so resourceful, it can be used in wide range of product
Slide 10: Company Overview
We are Company Overview
Slide 11: Vision & Mission
Vision & Mission VISION “To become the Biggest Sustainable Eco-friendly Recycled Fiber Company that produces world-class quality product.” MISSION • To produce world class eco polyester fiber with industry professionals • To provide significant contribution in reducing national waste pollution and c
Slide 12: Shareholder's Composition
Shareholder’s Composition 99,99% PT Hilon Indonesia PT Samudera Industri Sandiana Soemarko Public HSBC – Fund Service A/C 45.54% 20.83% 11.24% 16.02% 6.37% PT Urecel Indonesia PT Plasticpay Technologi Daurulang 45.80% 26% As per May 2020 1 2 3 4 5 12 Introduction Company Overview Products&Plants Fin
Slide 13: Milestones
Milestones 2001 2011 2013 2014 Tangerang Karanganyar Palembang & Karanganyar non-woven plant Re-PSF plant Salatiga for Plant established established Non-Woven & Expansion Homeware 2016 2018 2019 2020 Mojokerto Mojokerto plant GRS Certification Received sustainability Re-PSF plant & expansion & & cer
Slide 14: Management Team
Management Team Commissioners Jung Hyo Choi Dr. Ir. Widhyawan Prawiraatmadja President Commissioner Independent Commissioner Directors Jaehyuk Choi Yoon Chong Hyun Seung Koo Yang Wonhyuk Choi Victor Choi Suhendra Setiadi President Director Finance Director Director Director Director Business Dev. Di
Slide 15: Our Clients
Our Clients 1 2 3 4 5 15 Introduction Company Overview Products&Plants Financial Highlights Investment Highlights
Slide 16: Our Plants and Products
We are Our Plants and Products Re-PSF Non-woven Homeware
Slide 17: Our Plants & Products
Our Plants & Products Re-PSF plant • Tangerang, Banten • Karanganyar, Central Java • Mojokerto, East Java Non-Woven plant • Salatiga, Central Java • Palembang, South Sumatra Consumer products that can be produced Re-PSF Non-woven Homeware Homeware plant • Palembang, South Sumatra • Salatiga, Central
Slide 18: Our Plants & Products
Our Plants & Products TANGERANG KARANG- MOJOKERTO SALATIGA PALEMBANG ANYAR (Solo) Re-PSF Non-Woven Homeware Capacity 10,200 10,200 13,200 2,000 2,000 (Tonnes) Machines Fiber Machine Crusher Boiler, HDP Line, CF Line, HDP Line, CF Fiber Machine, Fiber Machine, Sewing Machine, Line, Sewing Facility Wa
Slide 19: Our Financials
We are Our Financials Highlights
Slide 20: Listed in the Indonesian Stock Exchange
Listed in the Indonesian Stock Exchange On 10 July 2019, Inocycle was listed in the Indonesian Stock Exchange as the first Indonesian plastic recycling company. Indonesian stock exchange - Jakarta 1 2 3 4 5 20 Introduction Company Overview Products&Plants Financial Highlights Investment Highlights
Slide 21: Financial Highlights
Financial Highlights* *expressed in billions IDR Net Sales Operating Income Net Income 23 495 51 46 396 15 16 315 327 30 21 7 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 500 Sales Segments Fiber 47 450 Non-woven products Related parties (PT Hilon) Third parties Houseware & others 63
Slide 22: Financial Highlights
Financial Highlights* *expressed in billions IDR ROE to Net Income Margin & Leverage Cashflow Performance 12% 4.0x 130 Net income margin Return on Equity Assets to Equity Cash from operating 97 11% Cash from investing 3.5x 80 Cash from financing 10% Cash balance (bio IDR) 45 9% 3.0x 13 19 8% 30 7% 2
Slide 23: Our Investments
We are Our Investments Highlights
Slide 24: Investments Highlights
Investments Highlights Growing Markets with Opportunities from Domestic and Global Condition 01 02 The Largest Hollow Conjugated Re-PSF Producer In Indonesia Full Support From Parent Company 03 04 Robust Relationship With Customers High Barriers To Entry 05 1 2 3 4 5 24 Introduction Company Overview
Slide 25: Growing Markets - Opportunities from Domestic Demand & Global Condition
1 Growing Markets - Opportunities from Domestic Demand &Global Condition Estimated Indonesia Non-Woven Automotive Global Polyester Staple Fiber (PSF) Consumption Forecast Consumption (in Kilotons) (in thousands of Kilotons) 23.5 22.4 21.4 20.4 19.5 18.7 17.8 17.0 15.5 16.2 21.4 17.6 14.4 10.6 2012 2
Slide 26: Growing Markets - Opportunities from Domestic Demand & Global Condition
1 Growing Markets - Opportunities from Domestic Demand &Global Condition Indonesia Non-Woven Building/Roof Consumption Indonesia Non-Woven Hygiene (in Kilotons) (in Kilotons) 12.5 57.1 41.0 6.9 34.4 5.6 27.3 3.2 2012 2015 2018 [E] 2022 [E] 2012 2015 2018 [E] 2022 [E] Source : Company, Smithers Apex,
Slide 27: Growing Markets - Opportunities from Domestic Demand & Global Condition
1 Growing Markets - Opportunities from Domestic Demand &Global Condition Polyester Contributed 77% of the Total Apparel Material Non-Woven Upholstery/Beddings Consumption 1.50% Polyester Nylon 8.60% Arcylic Others 12.90% 34.4 27.1 27.9 22.7 77% 2012 2015 2018 [E] 2022 [E] Source : www.fibre2fashion.
Slide 28: The Largest Hollow Conjugated Re-PSF Producer in Indonesia
2 The Largest Hollow Conjugated Re-PSF Producer in Indonesia We are the largest Re-PSF Producer in Indonesia with capacity of 37,600 Tonnes. Our national sales channel Our international sales channel 1 2 3 4 5 28 Introduction Company Overview Products&Plants Financial Highlights Investment Highlight
Slide 29: Full Support from Parent Company
3 Full Support from Parent Company Utilising the network from Parent Company for sales 1 2 3 4 5 29 Introduction Company Overview Products&Plants Financial Highlights Investment Highlights
Slide 30: Robust Relationship with Key Customers
4 Robust Relationship with Key Customers Inocycle and Hilon Group have abundant knowhow and experience in product production, so that stable and efficient quality maintenance and production activities are possible and meet customer satisfaction. More than 20 years of relationship 1 2 3 4 5 30 Introd
Slide 31: High Barriers to Entry
5 High Barriers to Entry • High hurdle to procure the raw material, PET bottle. • Government’s strict policies in terms of importing PET bottles from abroad. Time-consuming and cost to build marketing networks. Advanced tecnology knowledge for the industry. Inocycle is the only company in Indonesia
Slide 32: Latest Updates
Latest Updates Big companies move in recycling trend Global Polyester Staple 2030 Demand of Fiber(PSF) Market recycled PET : $ 39.3 B by 2025, CAGR of 6.3% 50% recycled 2025 content 100% renewable and recycled 2020 100% rPET (2024) 100% recyclable, 100% recyclable reusable or compostable or reusable
Slide 33: Entering the new normal adapting to Covid-19 pandemic
Entering the new normal adapting to Covid-19 pandemic In response to the demand from public in this pandemic, Inocycle initiatively producing mask. The filter attached in the mask is related to the Inocycle’s non-woven material. 4 million ea targeted production capacity of mask per month 1 2 3 4 5 3
Slide 34: Entering the new normal adapting to Covid-19 pandemic
Entering the new normal adapting to Covid-19 pandemic • Inocycle is prepared to continue producing PPE (personal protective equipment) “In supplying mask, Indonesia should grow the infrastructure and not rely on imports. Inocycle is setting an example for that.” Victor Choi, Director • Inocycle is c
Slide 35: Disclaimer
DISCLAIMER The information contained in this presentation material has been taken from sources which we deem reliable. However, none of PT Inocycle Technology Group Tbk and/or its affiliated companies and/or their respective employees makes any representation or warranty (express or implied) or acce
PT Inocycle Technology Group — Investor Presentation (June 2020) on 6ix