Royal Vopak Nv · EURONEXT:VPK
Royal Vopak Nv — Investor Day (December 2013)
24 slides from Royal Vopak Nv's investor day presentation, Dec 10, 2013
Slide 1: Vopak Asia: Continuous growth
Vopak Asia: Continuous growth Capital Markets Day, 10 December 2013 Patrick van der Voort, Division President Asia
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains ‘forward-looking statements’, based on currently available plans and forecasts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the
Slide 3: Patrick van der Voort, President, Vopak Asia
Patrick van der Voort President, Vopak Asia Name Patrick van der Voort Age 45 Education Patrick holds a doctoral degree from Erasmus University in Rotterdam. Career Patrick van der Voort joined Vopak in 2008 and has been President of Vopak Asia since October 2010. He has 20 years of experience in lo
Slide 4: Vopak Asia: Healthy demand for storage services
Vopak Asia Healthy demand for storage services Storage Capacity Occupancy rate* In million cbm In percent 95.0 95.0 Singapore 3.1 0% Rest of ASEAN 1.5 China 1.4 YTD 2012 YTD 2013 Korea / Japan 0.5 EBIT** In EUR million India 0.3 163.8 173.5 +6% Australia 0.6 Total 7.4 YTD 2012 YTD 2013 * Subsidiarie
Slide 5: Contents
Contents Asia market environment Strategy and growth opportunities Role of strategic partnerships in Asia 5 Capital Markets Day 10 December 2013
Slide 6: Solid long-term trends driving Asia demand
Solid long-term trends driving Asia demand Increase in energy and chemical consumption Rising population Growing economy Rising middle class Increase in energy and chemical consumption in Asia 6 Capital Markets Day 10 December 2013
Slide 7: Oil demand in Asia
Oil demand in Asia Non-OECD Asia largest source of growth, with China and India leading World liquids consumption and production 2010-2040 Transportation sector In million bpd most important source of growth in liquid fuels OECD Europe Consumption Production use OECD Asia OECD Americas Heavy gro
Slide 8: Supply landscape on crude oil
Supply landscape on crude oil New crude oil supplies from North America and Brazil; traditional supplies for Americas and Middle East will flow to Asia North Sea FSU Refinery Greater closures in Europe Japan North America Middle East Asia Africa Latin America Refinery closures in Key regional net cr
Slide 9: Supply landscape on diesel and gasoil
Supply landscape on diesel and gasoil Increasing flows from North America and the Middle East covering European deficits; growing intra-Asia movements 3.000 3.000 0 Greater -1.000 Europe 1.000 1.000 Refinery 0 closures in 0 -3.000 FSU Japan US 3.000 1.000 Middle 3.000 2012 balance (kp/d) East 0 2018
Slide 10: Petrochemicals demand in Asia
Petrochemicals demand in Asia Asia-Pacific chemicals demand estimated to rise with annual growth rate of 5% till 2020; China and India leading the pack World Chemicals Demand 2008-2020 Top Petrochemical demand drivers In billion Auto- 2008 Manufac- motive Western Europe 2020 turing South America Nor
Slide 11: Supply landscape on petrochemicals
Supply landscape on petrochemicals Asia-Pacific major importer of olefins, driven primarily by growth in China North Europe To NEA America and From NA & Mexico From NEA Mexico NEA Middle East ASEAN, India & Africa Pacific To NEA Latin America 2010 Ethylene flow Competitive ethylene derivatives fro
Slide 12: LNG in Asia: Fastest growing gas market
LNG in Asia: Fastest growing gas market Growing demand and limited pipeline infrastructure further drive need for LNG import terminals 230 195 5 15 81 10 27 54 9 35 68 7 12 64 92 188 14 73 35 67 1 64 Domestic production Demand 11 20 LNG imports LNG exports Pipeline imports Opportunity for a Pipeli
Slide 13: LPG in Asia
LPG in Asia New LPG supplies ‘pushed’ to Asia resulting in opportunities for competitive alternative feedstock to naphtha Europe North America NEA Middle East India ASEAN 2020 Net Africa Latin importers America Asia accounts for 35% of Pacific world’s LPG demand With growing imports; US, Middle
Slide 14: Landscape on vegetable oils and biofuels
Landscape on vegetable oils and biofuels Food use driving vegetable demand, with Malaysia and Indonesia as main suppliers Food use driving Malaysia and Indonesia main vegetable oil demand in Asia suppliers in Asia 3/4 of global demand expansion is Palm oil output in Malaysia and expected in deve
Slide 15: Contents
Contents Asia market environment Strategy and growth opportunities Role of strategic partnerships in Asia 15 Capital Markets Day 10 December 2013
Slide 16: Well-established terminal network in Asia
Well-established terminal network in Asia 25 terminals in 10 countries (7 million cbm of storage) Storage Capacity developments In million cbm under construction 2.9 0.1 10.4 Dongguang Hainan Pengerang 7.3 0.1 Existing hub Existing terminal New terminal FY 2012 2013 2014 2016 FY 2016 under construct
Slide 17: Growth opportunities: Hub strategy
Growth opportunities: Hub strategy Existing footprint, under construction and potential opportunities Northeast Asia: oil and chemicals Potential creation of Northeast Asia hub to facilitate (crude) oil, ethylene and its derivatives flows Hainan (China): crude oil Terminal (1.35 million cbm) wil
Slide 18: Growth opportunities: Industrial terminals
Growth opportunities: Industrial terminals Under construction and potential opportunities Current and potential expansions Banyan (Singapore): recently commissioned 100,200 cbm with additional 10,000 cbm in 2014 Zhangjiagang (China): 46,800 cbm expected to be commissioned in Q1 2014 Caojing (C
Slide 19: Growth opportunities: Import and distribution
Growth opportunities: Import and distribution Under construction and potential opportunities Current and potential expansions Tianjin phase 2 (China): 240,000 cbm for LPG recently commissioned Lanshan (China): 40,000 cbm for chemicals expected to be commissioned in Q4 2013 Penjuru (Singapore):
Slide 20: Contents
Contents Asia market environment Strategy and growth opportunities Role of strategic partnerships in Asia 20 Capital Markets Day 10 December 2013
Slide 21: Strategic alliances support growth strategy
Strategic alliances support growth strategy Over 75% of Asia terminals are with strategic partners Asia is a diverse region with many different languages and cultures Strategic partnerships are typically formed with established local partners and/or governmental-owned entities for easier market
Slide 22: Some prominent partnerships in Asia
Some prominent partnerships in Asia Singapore and Malaysia Vopak Terminals Singapore Kertih Terminals / Pengerang Over 30 years of partnership across four The three parties first collaborated in Kertih terminals in Singapore Terminals more than 10 years ago PSA is one of the world’s largest po
Slide 23: Vopak Asia growth strategy
Vopak Asia growth strategy Supported by a well-established portfolio of existing terminals and growth opportunities Growing imbalances Growth in Asia Demand growth, shifting trade flows Asia remains the growth engine with and energy mix will drive future growth China, India and ASEAN being key o
Slide 24: Royal Vopak contact details
Royal Vopak Westerlaan 10 Tel: +31 10 4002911 3016 CK Rotterdam Fax: +31 10 4139829 The Netherlands www.vopak.com