Ridley Corporation Limited · ASX:RIC
Ridley — UBS Emerging Companies Conference Series – Food and Agribusiness 2016
22 slides from Ridley's conference presentation, Nov 30, 2016
Slide 1: Novacq Presentation – UBS Emerging Companies Conference
NOVACQTM PRESENTATION For personal use only UBS EMERGING COMPANIES CONFERENCE SERIES – FOOD AND AGRIBUSINESS 30 NOVEMBER 2016 1
Slide 2: Contents
CONTENTS The purpose of this presentation is to provide an update on: For personal use only What is NovacqTM and where we started from Our competitive advantage stemming from NovacqTM Historical shrimp/prawn production globally and a view on feed demand based on a conservative Feed Conversion
Slide 3: What is Novacq and where we started from
WHAT IS NOVACQTM AND WHERE WE STARTED FROM NovacqTM is a patented CSIRO technology. It is a microbial biomass ingredient produced from For personal use only the use of a carbon waste stream. Effectively a bacterial floc product from the same bacterial family that is naturally present in marine estua
Slide 4: Ridley Novacq – Our competitive advantage
RIDLEY NOVACQTM – OUR COMPETITIVE ADVANTAGE CSIRO Licence For personal use only HOW TO IMPROVE THE JAWS OF VALUE WITH Crustacean – Australia, Thailand, Indonesia, NOVACQTM Malaysia, Philippines Licence Livestock We are endeavouring to extend our existing Yield / licences to new territories and appli
Slide 5: Novacq: A revolution in shrimp production
NOVACQ™ : A REVOLUTION IN SHRIMP PRODUCTION…. Conducted a number of lab-based trials over the past 4 years in Live under the microscope For personal use only both Australia and Thailand, consistently demonstrating growth rate improvements in the vicinity of 40% or more. In addition to the improvem
Slide 6: Global shrimp/prawn production
GLOBAL SHRIMP/PRAWN PRODUCTION Shrimp/prawn production ('000 metric tonnes) Comprises China and Vietnam, where CAGR 5,000 For personal use only CSIRO has licensed NovacqTM to 1990- separate local partners. 2014 4,500 4,000 3,500 2,351 10.4% 2,132 1,907 2,024 3,000 1,777 2,500 2,000 1,003 1,051 1,126
Slide 7: Global estimated feed demand
GLOBAL ESTIMATED FEED DEMAND Estimated shrimp/prawn feed requirement assuming 1.3 standard FCR * For personal use only Ridley can sell Australian made NovacqTM 7,000 licensed products anywhere in the world including CSIRO is yet to license NovacqTM for Rest China and Vietnam. 6,000 of World, excludi
Slide 8: Yamba
For personal use only YAMBA 8
Slide 9: Yamba Novacq production site
For personal use only YAMBA NOVACQTM PRODUCTION SITE 315km to Aquafeed site at Narangba 3 Ponds lined and actively producing Tru Blu Prawn NovacqTM farm Project milestones at Yamba: Ridley has invested c.A$2m in calendar 2016 at Yamba to develop NovacqTM production, including pond preparation and
Slide 10: Next twelve months – Yamba (1)
NEXT TWELVE MONTHS - YAMBA (1) Storage, For personal use only Standard prawn Silo for pond-side ponds have to settlement of be levelled and harvested NovacqTM production, lined with pvc (fore) & silo storage sheeting (back) harvesting, aeration, dewatering and drying cycle equipment and site securi
Slide 11: Next twelve months – Yamba (2)
NEXT TWELVE MONTHS – YAMBA (2) Strategy for Yamba: For personal use only Moving from batch to continuous production cycle critical Produce NovacqTM at for environmental sustainability. Yamba to service the Looking to secure long term supply agreement for third Australian market and party technol
Slide 12: Thailand
For personal use only THAILAND 12
Slide 13: Novacq project milestones in Thailand
NOVACQTM PROJECT MILESTONES IN THAILAND Entered into a strategic joint venture agreement with a Thai feed-milling and progressive For personal use only shrimp farmer (Jan 2016) to produce Ridley diets with NovacqTM inclusion for Thai market. In addition, through this joint venture and at a cost
Slide 14: Chanthaburi, Thailand
For personal use only CHANTHABURI, THAILAND Feedmill Feedmill co-owner’s residence and Fallow prawn ponds Gulf of Thailand Sureerath Prawn Farm headquarters Ideally located in a major prawn growing region of Chanthaburi, Thailand, the world’s second largest prawn producing capacity country.# Maj
Slide 15: Next twelve months – Chanthaburi (1)
NEXT TWELVE MONTHS – CHANTHABURI (1) Secure the long term lease of For personal use only ponds for local NovacqTM production Secure licence to import Yamba NovacqTM for inclusion in trial diets 250klm 250km SE East of Bangkok of Bangkok in Bay of Thailand Trat airport Generate positive Capacit
Slide 16: Next twelve months – Chanthaburi (2)
NEXT TWELVE MONTHS – CHANTHABURI (2) Work with a local Thai For personal use only engineering firm to design a blending operation to produce a prawn feed pre- mix combining NovacqTM, Current Feedmill, with 30,000 tonne p.a. capacity. 2nd line possible to with Land Animal Protein, increase to 55,00
Slide 17: Thailand – Shrimp industry overview
THAILAND – SHRIMP INDUSTRY OVERVIEW The ideal location to build two blending facilities is adjacent For personal use only to Chanthaburi feedmill. Opposite is a map of Thailand, showing location and density of prawn feed mills and prawn farms. If not possible on site, an alternative location f
Slide 18: Thailand – Township and localities
THAILAND – TOWNSHIP AND LOCALITIES Among the 4 Thai provinces shown For personal use only opposite, the most suitable location for prawn ponds are the coastal land along Chanthaburi and Trat. Chonburi and Rayong are not suitable because of existing heavy industry and risk of water pollution, and
Slide 19: Thailand – Future development in special business zone – Trat Klong Yhai port
THAILAND – FUTURE DEVELOPMENT IN SPECIAL BUSINESS ZONE – TRAT KLONG YHAI PORT Developer Marine department, Ministry of For personal use only Transport Contractor ITD – UNIQUE Joint Venture Project Value 1,295,000,000 Baht (c.A$49m) Area 26 rai (41,600 sqm) Status Under construction Estimated Q4 2016
Slide 20: Milestones to reach in short term
MILESTONES TO REACH IN SHORT TERM For personal use only 20
Slide 21: Milestones to reach in short term
MILESTONES TO REACH IN SHORT TERM Continue to develop the continuous improvement process to aerate, produce, harvest, dewater For personal use only and dry the NovacqTM produced at Yamba. Finalise the long term supply agreement to secure the technology underpinning the Novacq TM production proce
Slide 22: Ridley Corporation Limited
For personal use only Ridley Corporation Limited ABN 33 006 708 765 Level 4, 565 Bourke Street Melbourne, VIC. 3000 Australia www.ridley.com.au
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