Aksa Akrilik Kimya Sanayii A.s. · BIST:AKSA

Aksa Akrilik Kimya Sanayii A.s — Investor Presentation (May 2014)

39 slides from Aksa Akrilik Kimya Sanayii A.s's investor presentation, May 2014

  1. Slide 1: Aksa Akrilik Kimya Sanayii A.Ş.

    Aksa Akrilik Kimya Sanayii A.Ş. May 2014 1 Aksa - Investor Presentation

  2. Slide 2: Content

    Content 01/ Aksa in brief……………………………........... 3-10 02/ Operational Information…………………….. 11-31 1 03/ Financial Information……………………........ 32-37 2 Aksa - Investor Presentation

  3. Slide 3: Aksa in brief

    Aksa in brief 1 3 Aksa - Investor Presentation

  4. Slide 4: Company Info

    Company Info Company Name Aksa Akrilik Kimya Sanayii A.Ş. Main Activity Acrylic Fiber production and sales Establishment 1968 Share Capital 185.000.000 TL Listing Borsa Istanbul (BIST) (1986 >) Stock Code AKSA Company HQ Miralay Şefikbey Sok. No:15 Akhan Gümüşsuyu, Beyoğlu, Istanbul/Türkiye Plant De

  5. Slide 5: Shareholders & Stock Information

    Shareholders & Stock Information Shareholders Aksa Stock Performance 9,00 95.000,00 8,00 85.000,00 7,00 Quoted Akkök 42% 39% 75.000,00 6,00 65.000,00 5,00 4,00 Emniyet 55.000,00 19% 3,00 45.000,00 2,00 35.000,00 1,00 16 May 2014 25.000,00 02.01.2013 - 02.02.2013 02.03.2013 02.04.2013 02.05.2013 02.0

  6. Slide 6: Participations - Subsidiaries – Joint Ventures

    Participations - Subsidiaries – Joint Ventures Joint Ventures Subsidiaries Participations • DowAksa Holdings • Aksa Egypt • Akpa > 50% ownership > %100 share > %13,47 share > 370 mio. USD capital > Textile > International trade > Carbon Fiber production 6 Aksa - Investor Presentation

  7. Slide 7: Aksa biggest 50

    Aksa Aksa is one of the biggest 50 industry companies from the beginning of the index. 7 Aksa - Investor Presentation

  8. Slide 8: Akkök Holding

    Akkök Holding Chemicals Energy •Aksa Akrilik • Akenerji •DowAksa • SEDAŞ • Akkim Real Estate • Akiş Textile – Akbatı • Aksa Egypt – Akasya • Akmerkez • Akturizm Services • Akmerkez Lokantacılık • Ak-Pa • Aktek • Dinkal 8 Aksa - Investor Presentation

  9. Slide 9: Akkök Holding

    Akkök Holding Net sales (Billion USD) 4.350 17 5 employees companies Quoted AKKÖK Çalışan sayısı company 3,1 3,1 Konsolide ciro 2,9 2,7 2010 2011 2012 2013 9 Aksa - Investor Presentation

  10. Slide 10: Milestones

    Milestones 1960-1970s •Company Foundation •The plant in Yalova began to operate with a capacity of 5,000 tons /year •First export •Increasing the capacity to 35,000 tons/year 1980 – 1990s •Distributed Control System (DCS) was established for the first time in Turkey •Acrylic fiber production capacity

  11. Slide 11: Operational Information

    Operational Information 2 11 Aksa - Investor Presentation

  12. Slide 12: Strategic Business Units

    Strategic Business Units Acrylic Fiber • Largest acrylic fiber producer in the world • 16% Global, 67% local market share • 750-800 mio. USD/year revenue • Export over 50 countries Technical Fiber • High value-added products / Develop fibers for technical end-use areas • >50% Global market share Ene

  13. Slide 13: What is Acrylic Fiber?

    What is Acrylic Fiber? Natural and warm appearance and touch Easily washed and keep dimensional stability Wool (natural fiber) Resistant against sunlight & chemical substances Resembles wool Dyed in brilliant colours Acrylic Fiber (synthetic fiber) 13 Aksa - Investor Presentation

  14. Slide 14: Acrylic Fiber – Applications

    Acrylic Fiber – Applications Akrilik Elyafın Kullanım Alanları Aksa - Investor Presentation 14

  15. Slide 15: Acrylic Fiber Producers

    Acrylic Fiber Producers Aksa is the biggest producer in the global market in capacity Global sector capacity utilization rate = 80% Aksa capacity utilization rate is 17% higher than the global average 15 Aksa - Investor Presentation

  16. Slide 16: Global Fiber Consumptions

    Global Fiber Consumptions 2000 2005 2006 2007 2008 2009 2010 2011 2012 2025 2050 Synthetic Fibers 32,1 38,2 41,3 44,5 42,6 43,9 48,7 52,7 54 63,6 97,2 Polyester 19,1 24,7 27,8 31,1 30,7 32 36 40 41 50 80 PP fibers 6 6,5 6,5 6,4 5,9 6,1 6 6,2 7 7 10 Polyamide 4,1 3,9 3,9 3,9 3,5 3,3 4 3,7 3,9 4,5 5 A

  17. Slide 17: Global Synthetic Fiber Consumption

    Global Synthetic Fiber Consumption KiloTones %100= 32,101 38,165 41,277 44,523 42,640 43,900 48,700 52,800 54,600 63,600 97,200 Polyester 19,073 24,701 27,808 31,094 30,650 32,000 36,000 40,000 41,400 50,000 Pp fibers 5,984 80,000 6,463 6,473 6,444 5,940 6,100 6,000 6,200 6,500 Polyamide 4,063 7,000

  18. Slide 18: Acrylic Fiber Consumption (Based on Country)

    Acrylic Fiber Consumption (Based on Country) 2012 Acrylic Fiber Consumption KiloTones 1,960 882 Global demand is mostly concentrated in Asia and Middle East 272 128 98 60 51 48 29 295 28 26 22 21 consumption Indonesia Romania Pakistan Mexica Turkey Other China Egypt Brasil Total India Italy USA Iran

  19. Slide 19: Acrylic Fiber Production (Based on Country)

    Acrylic Fiber Production (Based on Country) 2012 Acrylic Fiber Productions KiloTones 1,960 694 290 Production is also concentrated in China, 169 Not Turkey, Germany, Japan 145 operating 102 and Tailand 79 70 68 61 51 47 45 35 33 32 14 25 Brasil Turkey Iran Taiwan China Uzbekistan South Korea Egypt P

  20. Slide 20: Acrylic Fiber Producers

    Acrylic Fiber Producers Capacity KiloTones/ year 2013 2,363 166 Wet spinning Dry spinning 566 Both Not 60 60 operating 62 64 65 72 75 82 95 120 100 Aksa is the biggest 160 120 acrylic fiber producer in 308 188 the World Aksa Dralon SPC Jilin Thai Jimont Monte- KAL- Anqing For- Daqing Qilu Poly- Hang

  21. Slide 21: Acrylic Fiber Sales of Aksa (Domestic application)

    Acrylic Fiber Sales of Aksa (Domestic application) Percentage 48 Products of Aksa is mainly used in knitwear 100 and carpets 30 12 10 Total Knit Carpet Hand knitting Other wear 21 Aksa - Investor Presentation

  22. Slide 22: Acrylic Fiber Cost Components

    Acrylic Fiber Cost Components 22 Aksa - Investor Presentation

  23. Slide 23: What is Technical Fiber?

    What is Technical Fiber? Industrial and outdoor applications High Endurance High resistance to rot and mold 23 Aksa - Investor Presentation

  24. Slide 24: Technical Fiber - Application areas

    Technical Fiber - Application areas Home Textiles Filtration Sunshade Umbrella Battery Titles 24 Aksa - Investor Presentation Toys

  25. Slide 25: Energy

    Energy Generating continous, high quality and cheaper electricity and steam 100 Mw dual gas plant (coal and natural gas) and 42.5 Mw. Natural gas. Large amount of energy is consumed in Aksa, remaining is sold to sister Companies 25 Aksa - Investor Presentation

  26. Slide 26: What is Carbon Fiber?

    What is Carbon Fiber?  Carbon fibers are extremely fine fibers (typ. 5-7 µ in human hair . dia.) consisting mostly of carbon atoms (50-70 μ)  Carbon fiber is >95% carbon carbon fiber  Carbon fibers are produced in tows (yarns) ranging (5-7 μ) from 1.000 filaments (1k), to 3k, 6k, 12k, 24k, 50k, e

  27. Slide 27: What is Carbon Fiber?

    What is Carbon Fiber?  Carbon Fiber is a high performance material, by its 30 high strength and stiffness Carbon Fiber  Carbon Fiber is used in high performance applications 20 Aramid Fiber S-glass where high strength to weight ratios are valued, as in 10 aircraft and space structures, sporting go

  28. Slide 28: Carbon Fiber - Application areas

    Carbon Fiber - Application areas Wind Turbine Pressurized Civil Infrastructure Marine Aerospace Blades Vessels Automotive Oil and Gas Power Transmission Sporting Goods Defense Aksa - Investor Presentation 28

  29. Slide 29: Carbon Market

    Carbon Market  The durability and long life of CRP and its ability to be combined Breakdown of Global CF consumption by application in with traditional lightweight materials will open the way to 2013 additional fields of application. In the area of lightweight construction, the search is going on f

  30. Slide 30: Aksa - Investor Presentation

    DOP ENERGY POWER PREPARATION RAW MATERIAL STATION SOLVENT FIBER STORAGE AREA RECOVERY SPINNING BALING AKTEK NATURAL WAREHOUSE DOWAKSA GAS AK-KİM POLYMERIZATION CARBON FIBER Aksa - Investor Presentation DYE AND 30 CROP

  31. Slide 31: Web site – www.aksa.com

    Web site – www.aksa.com Aksa - Investor Presentation 31

  32. Slide 32: Financial Information

    Financial Information 3 32 Aksa - Investor Presentation

  33. Slide 33: Balance Sheet

    Balance Sheet Balance Sheet 1.000.000 1.000.000 800.000 800.000 600.000 600.000 400.000 400.000 200.000 200.000 0 0 2011 2012 2013 2014/Q1 Current liabilities Non-current liabilities Current Assets Non-current assets Aksa - Investor Presentation 33

  34. Slide 34: Income Statement

    Income Statement Aksa - Investor Presentation 34

  35. Slide 35: Investment – Profit – Dividend

    Investment – Profit – Dividend 159 160 140 120 98 94 96 100 88 80 75 74 67 57 57 55 60 52 50 49 45 39 37 40 30 27 26 28 24 20 25 18 16 20 9 13 11 18 10 14 10 10 10 0 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 INVESTMENT NET PROFIT DIVIDEND 35 Aksa - Investor Presentation

  36. Slide 36: Production Capacity - Turnover

    Production Capacity - Turnover Aksa - Investor Presentation 36

  37. Slide 37: Budget Figures

    Budget Figures Aksa - Investor Presentation 37

  38. Slide 38: APPENDIX/DISCLAIMER

    APPENDIX/DISCLAIMER • Aksa Akrilik Kimya Sanayii A.Ş. contract or investment decision. events which may not prove to be (“Aksa”) has prepared this Investors and prospective investors in accurate. The forward-looking book (the “Book”) for the sole purpose of securities of any issuer mentioned stateme

  39. Slide 39: Thank You

    Aksa Akrilik Kimya Sanayii A.Ş. Miralay Şefikbey Sok. No:15 Akhan Gümüşsuyu/Beyoğlu, İstanbul T:+90 212 251 45 00 yatirimciiliskileri@aksa.com Thank You For further information E- mail: yatirimciiliskileri@aksa.com Aksa - Investor Presentation 39

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