Slide 1: Investor Update August 16, 2007
In vestor Update August 16, 2007
Slide 2: Forward-looking statements
Certain matters discussed in this presentation are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company’s statements regarding trends in the marketplace and potential futur
Slide 3: About the Company
With 19 locations in 10 countries, ICO produces custom polymer powders and remains an industry leader in size reduction, compounding and other tolling services for plastic and non-plastic materials. ICO's Bayshore Industrial subsidiary produces specialty compounds, concentrates and additives primari
Slide 4: ICO's Fit in the Value Chain
Additive producer: CIBA, Teknor Oil & Gas Exploration and Production Ethane, Propane, Naphtha Polymer Producers: PE, PP, PS, PVC End Product Converters: tank producers, film manufacturers, toy makers, molders Ethylene, Propylene, Styrene, Vinyl Processors: ICO Polymers/ Bayshore Industrial Chloride
Slide 5: Products & Services
Compounds, including Concentrates Produced by Bayshore Industrial Products & Services Custom Powders for Rotational molding ■ Proprietary ICORENE ® and COTENE ® product lines sold across the globe ■ Business built on value-adds, such as: - Grades tailored to client, driven by application - R&D and t
Slide 6: Tolling Processing Services
■ Ambient Grinding - high-volume, low value-add service ■ Cryogenic Grinding - greater value-add and requiring more technical expertise to serve the market ■ Jet Milling - greater value-add and requiring more technical expertise ■ Other related services: - Compounding - Blending - Packaging - Wareho
Slide 7: Global Platform: ICO Europe
Global Platform ICO Europe Verolanuova, IT Soreco, FR Montereau, FR Beaucaire, FR Gainsborough, UK ’s-Gravendeel, NL
Slide 8: Global Platform: ICO Polymers NA
Global Platform ICO Polymers NA China, TX Fontana, CA Asbury, NJ Grand Junction, TN East Chicago, IN Bayshore MB Compounding LaPorte, TX
Slide 9: Global Platform: ICO Courtenay (Asia-Pacific)
Global Platform ICO Courtenay (Asia-Pacific) ICO Malaysia ICO New Zealand ICO Australia ICO U.A.E
Slide 10: Global Platform: ICO Polymers do Brazil
Global Platform ICO Polymers do Brazil Belo, Brazil Started production operations in 2002
Slide 11: Historical Financial Performance
Historical Financial Performance
Slide 12: Historical Financial Performance- Cont'd
Historical Financial Performance- Cont’d In Q107, the Company repurchased 85% of the outstanding Preferred Stock for total consideration of $28.5 million.
Slide 13: Operating Margin Breakdown 2004-June 2007
Operating Margin Breakdown 2004-June 2007
Slide 14: Operating Income, Assets, ROIC% by Business Segment
Operating Income, Assets, ROIC% by Business Segment ROIC% computed as trailing twelve months operating income divided by average of last thirteen months invested capital base. Invested capital base equal to total tangible assets minus inter-company loans less current liabilities excluding debt.
Slide 15: Value Creation Opportunities - FY 2007 and Beyond
Value Creation Opportunities - FY 2007 and Beyond ■ Capitalize on global platform • Cultivate global customer relationships • FY 2007 expansion of compounding capacity in Malaysia - the first global expansion of Bayshore product and service line • Further develop strategic raw material supply relati