Amg Critical Materials N.v. · EURONEXT:AMG
Amg Critical Materials — AMG Advanced Metallurgical Group — Investor Day (June 2017)
20 slides from Amg Critical Materials's investor day presentation, June 2017
Slide 1: AMG Titanium Alloys & Coatings Capital Markets Day June 2017
AMG Titanium Alloys & Coatings Capital Markets Day June 2017
Slide 2: Table of Contents
TABLE OF CONTENTS AMG Business Segments 1 AMG Titanium Alloys & Coatings: Safety 2 Overview 3 Titanium Aluminides 4 Long Term Contracts 9 Titanium Master Alloys 13 Chemicals 14 Coating Materials 15 Strategy 16 Plant Tour 17
Slide 3: Cautionary Note
CAUTIONARY NOTE THIS DOCUMENT IS STRICTLY CONFIDENTIAL AND IS BEING PROVIDED TO YOU SOLELY FOR YOUR INFORMATION BY AMG ADVANCED METALLURGICAL GROUP N.V. (THE “COMPANY”) AND MAY NOT BE REPRODUCED IN ANY FORM OR FURTHER DISTRIBUTED TO ANY OTHER PERSON OR PUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE
Slide 4: AMG Business Segments
SLIDE I: AMG BUSINESS SEGMENTS AMG CRITICAL AMG ENGINEERING MATERIALS Vacuum Technology • Vanadium • Superalloys • Metallurgy • Titanium Alloys & Coatings • Heat Treatment Services • Aluminum Alloys • Tantalum & Niobium & Lithium • Antimony • Graphite • Silicon Metal
Slide 5: Health and Safety Focus
SLIDE II: HEALTH AND SAFETY FOCUS LEADING SAFETY INDICATORS • The number of safety improvement items (based on near miss or unsafe conditions) reported in 2016 was 31% higher compared to 2015. These are essential in order to avoid potential injuries. • Safety training hours increased 11% in 2016. •
Slide 6: Overview: A leading manufacturer of high performance metals and materials
SLIDE III: OVERVIEW AMG Titanium Alloys and Coatings Titanium Master Alloys Titanium Aluminides Chemicals Coatings 29% of 21% of 17% of 33% of revenues revenues revenues revenues A leading manufacturer of high performance metals and materials Note: Figures based on 2016 revenue split
Slide 7: Titanium Aluminides – Products, End Markets, and Applications
SLIDE IV: TITANIUM ALUMINIDES – PRODUCTS, END MARKETS, AND APPLICATIONS End Market TRANSPORTATION Key Products • Titanium Aluminides (ɣ -TiAl) Value • The new high growth area in light-weighting aerospace Proposition engines • Strong thermo-mechanical properties at lower densities • Reduction of eng
Slide 8: Market – Titanium Master Alloys & Ti Aluminides
SLIDE V: MARKET – TITANIUM MASTER ALLOYS & TI ALUMINIDES Material Ti-64 Ti-6246 Ti-834 Ni-based Ti Superalloys Aluminides Op temperature [°C] up to 300 up to 450 up to 600 1,230 - 750 up to 750 AMG TAC produces a complete range of materials along the exhaust path
Slide 9: Titanium Aluminides – Products, End Markets, and Applications
SLIDE VI: TITANIUM ALUMINIDES – PRODUCTS, END MARKETS, AND APPLICATIONS
Slide 10: Titanium Aluminides – Products, End Markets, and Applications
SLIDE VII: TITANIUM ALUMINIDES – PRODUCTS, END MARKETS, AND APPLICATIONS
Slide 11: Titanium Aluminides Expansion Timeline
SLIDE VIII: TITATNIUM ALUMINIDES EXPANSION TIMELINE 2017 Install and commission additional melting capacity May 2016 Awarded by MTU Aero Engines for the Pratt & Whitney PurePower® PW1100 engine (value exceeds $40M) July 2014 Selected by 2016 SNECMA for the Production LEAP engine quantity tenfold pro
Slide 12: Long Term Contracts: Titanium Aluminides Sales Visibility
SLIDE IX: LONG TERM CONTRACTS Titanium Aluminides Sales Visibility • Close to 100% of sales contracted • Average contract length: 5 years or longer
Slide 13: Market – Titanium Aluminides Mid-/Longterm
SLIDE X: MARKET – TITANIUM ALUMINIDES MID-/LONGTERM P&W PurePower engine Airbus A 320neo Mitsubishi Regional Jet CFM LEAP engine Airbus A 320 neo: LEAP-1A Boeing B737MAX: LEAP-1B
Slide 14: Market – Titanium Aluminides Mid-/Longterm
SLIDE XI: MARKET – TITANIUM ALUMINIDES MID-/LONGTERM We are the world leader in Titanium Aluminides Aircraft Engine Boeing 747-8 GE Aviation Intercontinental + Freighter GEnx-1B Boeing 787 GE Aviation “Dreamliner” GEnx-2B COMAC 919 Snecma / GE Boeing 737 max LEAP-X Airbus A320 neo Bombardier P&W / M
Slide 15: Market – Titanium Aluminides Short-/Midterm
SLIDE XII: MARKET – TITANIUM ALUMINIDES SHORT-/MIDTERM
Slide 16: Titanium Master Alloys – Products, End Markets, and Applications
SLIDE XIII: TITANIUM MASTER ALLOYS – PRODUCTS, END MARKETS, AND APPLICATIONS End Market TRANSPORTATION Key Products • Titanium master alloys for aircraft engine components − Vanadium Aluminum (VAl) − Molybdenum Aluminum (MoAl) Value • Reduce aircraft weight, improving fuel efficiency and Proposition
Slide 17: Chemicals – Products, End Markets, and Applications
SLIDE XIV: CHEMICALS – PRODUCTS, END MARKETS, AND APPLICATIONS End Markets SPECIALTY METALS TRANSPORTATION & CHEMICALS Key Products • Vanadium oxides and • Vanadium oxides for Titanium compounds for various master alloys (for aircraft industries engines and components) − V2O5, AMV, KMV, SAV − V2O5,
Slide 18: Coatings – Products, End Markets, and Applications
SLIDE XV: COATINGS – PRODUCTS, END MARKETS, AND APPLICATIONS SPECIALTY METALS End Markets ENERGY & CHEMICALS Key Products • Sputtering targets for various industries • Sputtering targets for such as tooling, automotive and aerospace TCF’s for PV thin film cells − AlTi, AlCr − AZOY® (ZnO/Al2O3) − Alu
Slide 19: Strategy
SLIDE XVI: STRATEGY Summary • Traditional emphasis: light-weighting the engine • Additional future emphasis: metallurgical powder products for additive manufacturing
Slide 20: Plant Tour
SLIDE XVII: PLANT TOUR Titanium Aluminides Inspection (Vanadium Aluminum) Meeting Room Main Entrance
AMG Advanced Metallurgical Group — Investor Day (June 2017) on 6ix