Royal Vopak NV · EURONEXT:VPK
Royal Vopak NV — Investor Day (July 2006)
9 slides from Royal Vopak NV's investor day presentation, Jul 4, 2006
Slide 1: Bio Fuels Analyst Meeting July 4, 2006
Bio Fuels Analyst Meeting July 4, 2006
Slide 2: Supporters of Renewable Fuels
Supporters of Renewable Fuels • Farmers, ranchers • Government through tax incentives designed to stimulate business growth • Environmentalists • Consumers “The use of vegetable oils (bio diesel) for engine may seem insignificant today. But such oils may become in course of time as important as Petr
Slide 3: Governmental policies drive the production and consumption of Bio Fuels
Governmental policies drive the production and consumption of Bio Fuels • EU – Bio fuels directive: 2010 – share of 5.75% for bio-ethanol and bio diesel: • focus on bio fuels due to targets for reduction of emission (Kyoto) • Reduction of mineral oil dependency and agricultural interests • Each memb
Slide 4: Policies that promote the use of Bio Fuels in Europe
Policies that promote the use of Bio Fuels in Europe • Fiscal incentives/ Excise Duty exemption: • Austria, Czech republic, France, Germany, Ireland, USA, Belgium Carbon or CO2 tax Sweden • (Production) Subsidy: • Czech republic / Capital subsidy: Many countries • Mandatory Blending / Sales Obligati
Slide 5: European Bio diesel production and demand has grown rapidly and leads the world
European Bio diesel production and demand has grown rapidly and leads the world • European production has expanded rapidly and is mainly Bio Diesel Production based on Rapeseed • In the US production expansions 8 Other (x 1 mln mton) are stepping up with Soybean oil 6 USA as main feedstock • Product
Slide 6: Substantial Growth is anticipated in the coming period
Substantial Growth is anticipated in the coming period • IEA anticipates EU - Bio diesel production to reach 25 million M3 in 2020 and global ethanol production of 120 million M3 The anticipated growth forecast is confirmed by various market sources 6
Slide 7: Production Technology will change over time
Production Technology will change over time • Until 2020 first generation Bio Diesel is expected to be competitive and its economical live can be extended through integration with other production units which will emerge • The evolution of the Fischer-Tropsch (FT) Bio diesel technology is anticipate
Slide 8: Global impact of Bio Diesel: Industrial co-siting, Logistic Flows of vegetable feedstock and Bio Diesel, blending requirements
Global impact of Bio Diesel: Industrial co-siting, Logistic Flows of vegetable feedstock and Bio Diesel, blending requirements Rotterdam Houston Darwin Current industrial co-siting locations 8 Vegetable feedstock Finished products
Slide 9: Vopak Strategy
Vopak Strategy • Tremendous growth in Bio Fuels during the next decades • The strategy of Vopak will enable the company to: •Capture industrial terminal opportunities by having a global network of terminals and a track record in industrial terminals that includes bio diesel production •Serving globa