Petkim Petrokimya Holding Anonim Sirketi · BIST:PETKM
Petkim Petrokimya Holding Anonim Sirketi — Petkim Petrokimya Holding A.Ş. — Q4 2017 Earnings Presentation
15 slides from Petkim Petrokimya Holding Anonim Sirketi's earnings presentation, Mar 1, 2018
Slide 1: 4Q17 Results Investor Presentation
4Q17 Results Investor Presentation 01/03/2018
Slide 2: Ethylene – Naphtha spread averaged US$ 600/ton in 4Q17
Ethylene – Naphtha spread averaged US$ 600/ton in 4Q17 • Ethylene-naphtha spreads decreased by 12% from the average of US$ 681/ton in the 3Q17 to US$ 600/ton in the 4Q17. • Ethylene Naphtha – increased prices Naphthaduespread averaged to oil prices US$from and demand 705/ton in 2Q17 sector. the petr
Slide 3: PLATT's Index averaged US$ 1.020 per ton in 4Q17
PLATT’s Index averaged US$ 1.020 per ton in 4Q17 • PLATT’s index increased to $1.020 per ton in 4Q17 from $947 per ton in 3Q17 • In 4Q17 PLATT’s index is %21,1 above 2016 average • The petrochemical index data show prices rising in the second half of the year as the increase of the oil price
Slide 4: Feedstock vs. Product Prices in 4Q17
Feedstock vs. Product Prices in 4Q17 • Another strong full year for Petkim • Naphtha based cracker margin in 2017 was among the highest • Feedstock costs were passed down the chain of the production from cracker to polymer plants • The petrochemical and polymer markets are relatively tight and provi
Slide 5: Costs and Operational Efficiency in 4Q17
Costs and Operational Efficiency in 4Q17
Slide 6: In 4Q17 Petkim achieved TL 1.945mn sales via 491k ton volume
In 4Q17 Petkim achieved TL 1.945mn sales via 491k ton volume 4Q17 Volume: 491k ton 4Q17 Revenue: TL1.945mn 4Q17 Export Revenue: TL681mn
Slide 7: PETKIM 4Q17 Income Statement
PETKIM 4Q17 Income Statement TL mn 4Q16 4Q17 Sales 4.532,6 7.363,8 Cost of sales (3.574,8) (5.505,9) Gross Profit 957,8 1.858,0 Gross profit % 21,1% 25,2% Marketing and sales expenses (42,3) (59,4) General admin. Expenses (138,1) (200,9) R&D Expenses (12,8) (17,2) Operating profit 764,6 1.580,4 Othe
Slide 8: PETKIM 4Q17 Balance Sheet
PETKIM 4Q17 Balance Sheet TL mn 12M16 12M17 Cash and cash equivalents 1.267,2 1.460,4 Trade receivables 674,5 918,8 Inventory 604,3 893,6 Other receviables 30,8 837,4 Other current assets 83,2 98,2 Current assets 2.659,9 4.208,4 Non current assets 3.608,6 3.580,5 Total Assets 6.268,5 7.788,9 Short t
Slide 9: PETLIM – Operations Commenced in December 2016
PETLIM – Operations Commenced in December 2016 • PETLIM Port Project has 1.5 million TEU container handling capacity, 42 hectare main port area, 8 hectare off- dock service area terminal port. • APMT and Petkim’s 70% subsidiary PETLIM has a revenue sharing agreement for the 28 years (+4 years option
Slide 10: Petkim - Wind Power Plant
Petkim - Wind Power Plant • Petkim is setting up a wind power plant with a total capacity of 51MW at the Petkim Peninsula. • The WPP is planned to generate 200GWh electricity per annum. • Construction phase of the investment has been completed. WPP has started its operation with existing 25MW capaci
Slide 11: STAR Refinery
STAR Refinery • STAR Refinery will have 10 million tons /year crude oil refining capacity. • Petkim signed a 20-year off-take agreement with STAR Rafineri A.Ş to offtake 270,000 tonnes mixed-xylene and 1,600,000 tonnes naphtha annually. • Naphtha price will be set as the Platts’ FOB MED spot market
Slide 12: Appendix 1. Petrochemical Complex Flow Chart
Appendix 1. Petrochemical Complex Flow Chart Petkim has fully integrated operations LDPE Bag, greenhouse covers, film, cable, toys, pipes, (350,000 ton/year) bottles, hose, packaging HDPE Construction and water pipes, packaging film, Ethylene Plant (96,000 ton/year toys, bottles, soft drink crates,
Slide 13: Appendix 2. PETKIM STOCK PERFORMANCE
Appendix 2. PETKIM STOCK PERFORMANCE Petkim Stock Performance PETKIM STOCK PERFORMANCE Th Unit 260 175000 250 240 230 150000 220 210 125000 200 190 180 100000 170 160 150 75000 140 130 120 50000 110 100 25000 90 80 70 0 12.16 03.17 06.17 09.17 12.17 Volume Petkim BİST 100 Closing Closing Price Price
Slide 14: Investor Relations
Investor Relations We welcome your questions, comments and suggestions. Our corporate headquarters office address is: Petkim Petrochemical Holding Corp. PO. Box.12 Aliağa, 35800 İzmir/ TURKEY To contact us with respect to shareholding relations for individual and corporate investors, please call dir
Slide 15: Disclaimer
Disclaimer This presentation is confidential and does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any securities of Petkim Petrokimya Holding A.Ş. (the “Company”) or any member of its group nor should it or
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