Indorama Ventures Public Co. Ltd. · SET:IVL
Indorama Ventures Public — Indorama Ventures — Investor Presentation (September 2010)
14 slides from Indorama Ventures Public's investor presentation, Sep 13, 2010
Slide 1: IVL Investor Presentation – Strong Fundamentals, the growth story continues
IVL – Investor Presentation Strong Fundamentals – the growth story continues… September 13-14, 2010
Slide 2: Disclaimer
Disclaimer This presentation contains “forward-looking statements”, which are based on current expectations and projections about future events, and include all statements other than statements of historical facts, including, without limitation, any statements preceded by, followed by or that includ
Slide 3: Agenda
Agenda • Aspiration 2014 • Financial results Q2 2010 and 6M 2010 • Outlook 03 BLS September Investor Presentation
Slide 4: This is polyesters – products indispensable to everyday life
This is polyesters – products indispensable to everyday life Everyday – Everywhere Beverage Containers Food Packaging Apparels Home Textiles Non Wovens Technical Textiles 04 BLS September Investor Presentation
Slide 5: Aspiration 2014 and beyond
Aspiration 2014 and beyond Our Vision “Integrating the Polyester Value Chain” The Polyester Value Chain Refinery Aromatics plant PTA plant Naphtha PX PTA Steam Cracker MEG plant PET plant Ethylene MEG 05 BLS September Investor Presentation
Slide 6: Key goals and objectives
Key goals and objectives Maximize Total Stakeholder Return Minimize Stakeholder Risk Being a growth company, maintain a policy of Create an increasingly stronger balance sheet as 30% dividends to our shareholders. we grow, mitigating risks under different plausible industry scenarios Create capital
Slide 7: Moving towards undisputable leadership
Moving towards undisputable leadership Aspiration 2014 Cannot be imitated Difficult to imitate Can be imitated (but may not be) Easy to imitate 1995 to 2002 2003 to 2007 2008 to 2009 2010 to 2014 • New incumbents to polyester • Established assets over • Established significant market • Establish und
Slide 8: Created superior market access
Created superior market access IVL Global footprint today PTA capacity by region Workington, UK Klaipeda, Lithuania (K tpa) Capacity (K tpa) Capacity (K tpa) PET: 155 PET: 198 Asheboro, USA Lopburi, Thailand Capacity (K tpa) Capacity (K tpa) 1,240 PET: 225 PET: 180, Packaging1 550 Thailand Europe Na
Slide 9: Optimized five elements to cost leadership
Optimized five elements to cost leadership Technology Conversion cost Cost leadership Well-known, latest generation High capacity utilization technologies Energy efficiency Lean workforce Scale Capital cost Integration Large scale, modern, efficient Low Greenfield/Brownfield capex facilities Attract
Slide 10: Spectacular polyester demand driven by consumer needs
Spectacular polyester demand driven by consumer needs Polyester (Fibers and PET) market demand (1991–2016E) (K Tons) +9% CAGR Polyester has grown and expected to continue to grow at multiples of GDP growth Source: SBA CCI, IVL analysis 010 BLS September Investor Presentation
Slide 11: Polyester chain with proven sustainability and resilience
Polyester chain with proven sustainability and resilience Polyester chain margins resilient …as well as to changes in through the economic cycle… crude oil prices Global Polyester chain spread vs. GDP (1997-2009) Global PTA/PET spread vs. Crude price (1997-2009) Spread1 World GDP2 Spread1 World GDP2
Slide 12: Planned Capex and Investments of over US$ 2.0 billion
Planned Capex and Investments of over US$ 2.0 billion (US$ million) (Times) 3,000 1.5 2,500 Debt Service Coverage Ratio “DSCR” > 1.1 times 1.3 2,000 1.1 1.1 1.1 1.1 1.1 1.1 1,500 0.9 1,000 0.7 500 - 0.5 2010E 2011B 2012B 2013B 2014B Current net debt Implied net debt DSCR Visibility of earnings allow
Slide 13: IVL Polyester value chain business .....Stronger By 2014
IVL Polyester value chain business .....Stronger By 2014 Key Success Factor IVL Business Strategy 1 • Multiple opportunities identified to maximise stakeholders value • Increase presence in Emerging Markets through acquisition and Domestic greenfield assets Presence in • Enhance market leadership in
Slide 14: 2014 portfolio will serve regional markets and extend global reach
2014 portfolio will serve regional markets and extend global reach to all key mature and developing markets North Europe China, East Asia, East Europe North America South Europe Middle East, Africa India South America SEA, Australia New assets by 2014 Existing assets Target Sales Geography Exports 0
Indorama Ventures — Investor Presentation (September 2010) on 6ix