Royal Vopak NV · EURONEXT:VPK
Royal Vopak NV — Investor Presentation (December 2003)
11 slides from Royal Vopak NV's investor presentation, Dec 3, 2003
Slide 1: The World of Vopak: Global Capacity Overview
“THE WORLD OF VOPAK” GLOBAL CAPACITY OVERVIEW* • Source Company annual reports and websites Rotterdam 03-12-03 • Best estimates September 2003
Slide 2: Global Capacity and Main Operators
GLOBAL CAPACITY AND MAIN OPERATORS Global independent tankstorage capacity Capacity top 10 operators Latin- Vopak America 19% 3% Asia 17% Other 40% Oiltanking 9% Europe 46% Kinder Morgan 7% ST Services Odfjell 6% 2% IMTT North- LBC 5% America 2% Petroplus 34% Transmontaigne Magellan 4% 3% 3% • Total
Slide 3: Global Capacity and Main Operators: Characteristics
GLOBAL CAPACITY AND MAIN OPERATORS Characteristics • Large local companies with a regional focus • Relatively small companies with a focus across the globe • Focus of all competitors are the major players in Petrochemicals Global operators Operators present on more than one continent market share ma
Slide 4: European Capacity and Main Operators (1)
EUROPEAN CAPACITY AND MAIN OPERATORS (1) Top 5 Countries Total capacity 48 mln CBM Country % of capacity Company Market share 1 Netherlands 23% 1 Vopak 27% 2 Germany 22% 2 Oiltanking 11% 3 UK 11% 3 Petroplus 8% 4 Sweden 10% 4 VTG 7% 5 Belgium 9% 5 STS 4% • ARA-Region, UK, Sweden, Germany and France
Slide 5: European Capacity and Main Operators (2): ARA Region
EUROPEAN CAPACITY AND MAIN OPERATORS (2) The situation in the ARA - Region The Netherlands Belgium Total capacity: 11 mln CBM Total capacity: 4.3 mln CBM Marketshare of the Netherlands in Europe: 23% Marketshare of Belgium in Europe: 9% Company Oil Company Chemicals Company Oil Company Chemicals 1 2
Slide 6: North American Capacity and Main Operators
NORTH AMERICAN CAPACITY AND MAIN OPERATORS Total market capacity: 36 mln CBM* • Large players in Oil and Pipelines throughout North-America • Fiscally driven • In most occasions no direct competitors for Vopak North-America * excl. Private terminals Canada 7% 1 Statia 49% 2 IMTT 27% 3 Vopak 8% East
Slide 7: Latin American Capacity and Main Operators (1)
LATIN AMERICAN CAPACITY AND MAIN OPERATORS (1) Latin America is still a small market for Total capacity 3.4 mln CBM Company Market share independent Tankstorage capacity. 1 Oiltanking 32% 2 Vopak 24% Main characteristics • Independent players with dedicated 3 Odfjell 9% 4 Cattilini 6% 5 Decal 5% oil
Slide 8: Latin American Capacity and Main Operators (2)
LATIN AMERICAN CAPACITY AND MAIN OPERATORS (2) The terminals of Odfjell S.A. and the Odfjell family combined is the only other operator to offer an extensive network for chemicals in Latin America. Mexico 9% Colombia 4% 1 Vopak 63% 1 Almacol 40% 2 Tepeal 19% 2 Algranel 26% 3 Terminals Maritimas 11%
Slide 9: Asian Capacity and Main Operators (1)
ASIAN CAPACITY AND MAIN OPERATORS (1) Main characteristics • Total capacity 18 mln CBM • More than 50 operators identified • Top 10 operators represents 65% of the market Top 5 Countries Top 5 operators Country % of capacity Company Market share 1 China 34% 1 Vopak 19% 2 Singapore 22% 2 Oiltanking 9
Slide 10: Asian Capacity and Main Operators (2): Singapore
ASIAN CAPACITY AND MAIN OPERATORS (2) The situation in Singapore: • Singapore represents the second market in Asia after China with 22% of capacity. • 5 operators present in Singapore with combined storage of Oils and Chemicals • Oiltanking and Odfjell have established a partnership in Singapore for
Slide 11: Asian Capacity and Main Operators (3): China
ASIAN CAPACITY AND MAIN OPERATORS (3) The situation in China: 25,0% 20,0% 15,0% 10,0% 6,3% 5,0% 2,8% 2,0% 0,0% il . ll i i . l p ak pec t da ong O oup ase way CO sen or p f je gip tsu zen ish arm arm Ltd uan em wn eum ina o Ne d t an G r nb ns al ie l C Od bA Mi en ub F F h o l Vo in n g i e i i in