Merrill Lynch Chemicals Conference
|
|
- Hugo Stone
- 5 years ago
- Views:
Transcription
1 Merrill Lynch Chemicals Conference March 31, 2004 James S. Sawyer Senior Vice President and Chief Financial Officer
2 Forward Looking Statements The forward-looking statements contained in this announcement concerning demand for products and services, the expected macroeconomic environment, sales and earnings growth, and other financial goals involve risks and uncertainties, and are subject to change based on various factors. These include the impact of changes in worldwide and national economies, the cost and availability of electric power, natural gas and other materials, development of operational efficiencies, changes in foreign currencies, changes in interest rates, the continued timely development and acceptance of new products and processes, the impact of competitive products and pricing, and the impact of tax and other legislation and regulation in the jurisdictions in which the company operates. -2-
3 Operating Model Drives Growth and ROC Merrill Lynch Chemicals Conference Applications Technology Growth Industrial Gas Praxair Peers S&P 500 Sales 9% 2% 4% (10 year CAGR) Earnings Growth 15% 6% 7% (10 year CAGR) TSR 18% 7% 11% (10 year annualized) Return on Capital (12/31/93-12/31/03) Sales Contracts Density/ Execution Positioned for profitable and sustainable growth -3-
4 Return on Capital Focus on 10 core geographies Customer contracting strategy Onsite 24% Bulk 31% Packaged 32% Relentless focus on execution Productivity savings > $100MM/yr Six Sigma Operational excellence Praxair 2003 ROC % Average of Industrial Gas Peers ROC=Net Operating Profit After Tax/Average Capital Return on capital substantially better than peers Source: Bloomberg and company reports -4-
5 Operational Performance Metrics Indexed unit cost of prod. (capital and power) Unit Cost of Production 2002 Plants 1996 Plants Plant size (tons per day) Cubic feet per mile Merrill Lynch Chemicals Conference Atmospheric Gases Volume/Trip Per Unit Power Consumption On-stream Reliability Unit Power % Availability
6 2003 Praxair End Markets Food and Beverage 8% Energy 10% Healthcare 10% Manufacturing 22% Metals 15% Applications Technology Productivity Cycle Time Yield Energy Oxyfuel Combustion Hydrogen Electronics 7% Chemicals 11% Aerospace 4% Other 13% Environmental Air Quality Water Treatment Gas consumption intensity continues to grow -6-
7 Unrivalled North American Network Onsite and Bulk Gases 300 production plants 8000 customer locations 1500 distribution vehicles 11 pipeline enclaves Packaged and Specialty Gases 400 branches >300,000 customers 280 independent distributors San Carlos Vancouver Los Angeles Kingman Edmonton E. Chicago Austin Merchant Plants Carbon Dioxide Plants Specialty Gas Plants Packaged Gases Merrill Lynch Chemicals Conference North America Sales: $3,627MM Growth: 8% OP Margin: 15% St Louis Geismar N. Royalton Distributors Helium Transfill Dry Ice Toronto Orlando Bethlehem -7-
8 North American Indexed Industrial Gas Volume Q00 4Q00 1Q01 Combined On-site and Merchant Volume 2Q01 3Q01 4Q01 1Q02 2Q02 3Q02 4Q02 1Q03 2Q03 3Q03 4Q03 Praxair has substantial operating leverage to improving U.S. manufacturing conditions -8-
9 Refinery Hydrogen Pipeline System TEXAS HOUSTON LCR Valero DEER PARK BP Amoco Valero MONT BELVIEU BAYTOWN ExxonMobil LAPORTE TEXAS CITY GALVESTON PORT ARTHUR Motiva GULF OF MEXICO LOUISIANA LAKE CHARLES Citgo Conoco Merrill Lynch Chemicals Conference BATON ROUGE ExxonMobil GEISMAR To New Orleans Refineries HYDROGEN PIPELINE REFINERIES HYDROGEN PRODUCTION NEW HYDROGEN PRODUCTION MMSCFD Average Daily Volume 29% CAGR 2003A 2004E 2005E 2006E 2007E Sulfur Fuel Specifications Gasoline On-Road Diesel Off-Road Diesel ppm ppm ppm ppm ppm -9-
10 Healthcare: Multiple Growth Opportunities North American Sales $600 $500 $400 $300 $200 $100 $360MM Selective Acquisitions? 10% CAGR 3% new starts 7% organic Expected Growth Rates: Organic Growth 7% Institutional Homecare New Starts 3% Acquisitions 0-20% Total 10% + Acquisition Discipline High % respiratory $ Institutional Homecare Geographic overlap Valuation inclusive of rate cuts -10-
11 Praxair Europe 28 air separation plants 4 specialty gas plants 3 key pipeline enclaves More than 100,000 customers Europe Sales: $699MM Growth: 19% OP Margin: 24% NETHERLANDS GERMANY BELGIUM FRANCE Sales (MMEuros) OP (MMEuros) PORTUGAL SPAIN ITALY Sales OP Strong market position in the fast growing Southern Europe region -11-
12 South America South America #1 position Export industries very competitive Domestic recovery beginning New contracts indexed to US$ LNG Distribution South America Sales: $708MM Growth: 12% OP Margin: 16% Brazil has insufficient oil and excess natural gas Natural gas consumption constrained by lack of distribution infrastructure Joint venture with Petrobras to liquefy and distribute LNG 60% Industrial 40% Auto -12-
13 Praxair China Strategy Leading position in steel Baosteel Shaoguan Meishan Leading position in semi-conductors 46% of contracted N2 Shanghai - SMIC & Tailong Beijing - SMIC 300mm wafer fab Shell Nanhai Complex Shell & CNOOC $4.3B O2, N2 & Ar supply 57% GDP 31% GDP Asia Sales: $389MM Growth: 20% OP Margin: 16% Beijing Tianjin Nanjing Shanghai Caojing petrochemical park 50/50 JV with Air Liquide BP, BAYER, BASF & SINOPEC $8B O2, N2 & H2 supply Guangzhou Shaoguan -13-
14 China - Profitable Growth Investment and Return on Major Projects % 12% Investment ($MM) % 8% 6% 4% 2% 0% -2% ROC Cumulative Investment ROC % Improving return on capital -14-
15 Capital Investment 2004F: About $700 MM Growth 60% - Maint. 30% - Cost Reduction 10% Growth CAPEX by Segment Growth CAPEX by Market 5% 15% 10% 25% 20% 50% 15% 5% 15% 5% 10% 25% North America Europe PST/Other South America Asia Chemicals Energy Manufacturing Other Electronics Food &Beverage/ Healthcare Metals -15-
16 Robust Free Cash Flow Generation Merrill Lynch Chemicals Conference Operating cash flow 11% CAGR Capital spending discipline - increased hurdle rates Uses of free cash flow Dividends Debt reduction Selective acquisitions Share repurchases $1,200 $1,100 $1,000 $900 $800 $700 $600 $500 $400 Free Cash Flow ($MM) Operating Cash Flow Free Cash Flow (1) CAPEX (2) (1) Non-GAAP measure. Free cash flow equals operating cash flow minus capital expenditures (2) Excludes Leased Asset Purchase in
17 What We are NOT Doing Dilutive acquisitions Projects at or near our cost of capital Spending CAPEX ahead of demand Project financing One-off plant sales A highly disciplined approach that mitigates risk -17-
18 Leader in Corporate Governance 2/9/04 - For the second time, Praxair has received the highest rating from GovernanceMetrics International. Only 22 companies out of 2,100 received this rating 9/4/03 - Praxair was selected as an index component of the Dow Jones Sustainability World Index Praxair ranked in the 94 th percentile of S&P 500 by Institutional Shareholder Services 9 of 10 independent directors. All members of audit, compensation, governance and nominating committees are independent Quarterly meetings of non-management directors Rotation of board committee members and chairpersons every 3-5 years Exceeding the requirements of Sarbanes-Oxley and NYSE -18-
Banc of America Securities 34 th Annual Investment Conference
Banc of America Securities 34 th Annual Investment Conference Opportunities for Growth September 23, 2004 James S. Sawyer Senior Vice President and Chief Financial Officer www.praxair.com 2 Forward Looking
More informationCredit Suisse First Boston s Chemical Industry Conference
Credit Suisse First Boston s Chemical Industry Conference Opportunities for Growth September 28, 2004 James S. Sawyer Senior Vice President and Chief Financial Officer www.praxair.com 2 Forward Looking
More informationLehman Brothers Global Chemical Industry Leaders Conference
Lehman Brothers Global Chemical Industry Leaders Conference April 1, 2004 Dennis H. Reilley Chairman, President and CEO www.praxair.com Forward Looking Statements The forward-looking statements contained
More informationPRAXAIR. Lehman Brothers Twenty-first Annual Industrial Select Conference. February 6th, 2004
PRAXAIR Lehman Brothers Twenty-first Annual Industrial Select Conference February 6th, 2004 James S. Sawyer Senior Vice President and Chief Financial Officer www.praxair.com Forward Looking Statements
More informationPRAXAIR, INC. May 20, James S. Sawyer Senior VP and Chief Financial Officer
PRAXAIR, INC. Becoming The Investment In Industrial Gases, Surface Technologies, and Services May 20, 2003 James S. Sawyer Senior VP and Chief Financial Officer www.praxair.com Forward Looking Statements
More informationSANFORD C. BERNSTEIN & CO.
SANFORD C. BERNSTEIN & CO. Strategic Decisions Conference Dennis H. Reilley Chairman and CEO June 1, 2006 Page 1 Forward Looking Statement This document contains forward-looking statements within the meaning
More informationBanc of America Securities 33rd Annual Investment Conference
Banc of America Securities 33rd Annual Investment Conference September 17, 2003 James S. Sawyer Senior Vice President and Chief Financial Officer www.praxair.com Forward Looking Statements The forward-looking
More informationInvestor Teleconference Presentation Fourth Quarter January 26th, 2005
Investor Teleconference Presentation January 26th, 2005 2 Forward Looking Statements Earnings Teleconference The forward-looking statements contained in this announcement concerning demand for products
More informationJP MORGAN. Basics & Industrials Conference. Stephen F. Angel President and COO. June 5, 2006
JP MORGAN Basics & Industrials Conference Stephen F. Angel President and COO June 5, 2006 JP Morgan Basics & Industrials Conference - NYC 6/5/06 Page 1 Forward Looking Statement This document contains
More informationPraxair, Inc. Matthew J. White Senior Vice President and Chief Financial Officer
Praxair, Inc. Matthew J. White Senior Vice President and Chief Financial Officer December 11, 2014 Forward Looking Statement This document contains forward-looking statements within the meaning of the
More informationInvestor Teleconference Presentation Fourth Quarter Praxair, Inc. January 26, 2017
Investor Teleconference Presentation 2016 Praxair, Inc. Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
More informationPraxair, Inc. Stephen F. Angel Chairman, President & Chief Executive Officer
Praxair, Inc. Stephen F. Angel Chairman, President & Chief Executive Officer May 28, 2015 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities
More informationPraxair, Inc. Matthew J. White Senior Vice President and Chief Financial Officer
Praxair, Inc. Matthew J. White Senior Vice President and Chief Financial Officer March 3, 2015 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private
More informationMorgan Stanley Basic Materials Conference
Morgan Stanley Basic Materials Conference Domingos Bulus President, White Martins December 5, 2005 São Paulo, Brazil Page 1 Forward Looking Statements This document contains forward-looking statements
More informationPraxair, Inc. Kelcey Hoyt Director, Investor Relations
Praxair, Inc. Kelcey Hoyt Director, Investor Relations May 7, 2015 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationInvestor Teleconference Presentation Second Quarter Praxair, Inc. July 27, 2017
Investor Teleconference Presentation 2017 Praxair, Inc. Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
More informationPraxair, Inc. Steve Angel Chairman, President and Chief Executive Officer. William Blair Annual Growth Stock Conference June 13, 2012
Praxair, Inc. Steve Angel Chairman, President and Chief Executive Officer William Blair Annual Growth Stock Conference June 13, 2012 Forward Looking Statement This document contains forward-looking statements
More informationInvestor Teleconference Presentation Second Quarter Praxair, Inc. July 23, 2014
Investor Teleconference Presentation Praxair, Inc. July 23, Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act
More informationInvestor Teleconference Presentation First Quarter Praxair, Inc. April 29, 2015
Investor Teleconference Presentation 2015 Praxair, Inc. April 29, 2015 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation
More informationInvestor Teleconference Presentation First Quarter 2016
Investor Teleconference Presentation 2016 Praxair, Inc. April 29, 2016 April 29, 2016 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities
More informationInvestor Teleconference Presentation Fourth Quarter Praxair, Inc. January 29, 2016
Investor Teleconference Presentation 2015 Praxair, Inc. January 29, 2016 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation
More informationInvestor Teleconference Presentation Second Quarter Praxair, Inc. July 29, 2015
Investor Teleconference Presentation 2015 Praxair, Inc. July 29, 2015 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation
More informationInvestor Teleconference Presentation Second Quarter Praxair, Inc. July 25, 2012
Investor Teleconference Presentation Praxair, Inc. Forward Looking Statement This document contains forwardlooking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
More informationInvestor Teleconference Presentation Fourth Quarter Praxair, Inc. January 25, 2018
Investor Teleconference Presentation Fourth 2017 Praxair, Inc. Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationInvestor Teleconference Presentation Third Quarter Praxair, Inc. October 26, 2017
Investor Teleconference Presentation 2017 Praxair, Inc. Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
More informationInvestor Teleconference Presentation Fourth Quarter January 27, 2010
Investor Teleconference Presentation January 27, 2010 Forward Looking Statements This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
More informationInvestor Teleconference Presentation Third Quarter October 25, 2006
Investor Teleconference Presentation October 25, 10/25/06 2 Earnings Teleconference Forward Looking Statements This document contains forward-looking statements within the meaning of the Private Securities
More informationInvestor Teleconference Presentation Fourth Quarter Praxair, Inc. January 28, 2015
Investor Teleconference Presentation 2014 Praxair, Inc. January 28, 2015 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation
More informationInvestor Teleconference Presentation First Quarter Praxair, Inc. April 24, 2013
Investor Teleconference Presentation 2013 Praxair, Inc. Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
More informationInvestor Teleconference Presentation First Quarter Praxair, Inc. April 26, 2018
Investor Teleconference Presentation 2018 Praxair, Inc. April 26, 2018 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation
More informationInvestor Teleconference Presentation First Quarter April 27, 2011
Investor Teleconference Presentation 2011 April 27, 2011 Forward Looking Statements This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act
More informationPraxair, Inc. Stephen F. Angel Chairman, President & Chief Executive Officer
Praxair, Inc. Stephen F. Angel Chairman, President & Chief Executive Officer September 14, 2016 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private
More informationInvestor Teleconference Presentation Third Quarter Praxair, Inc. November 9, 2018
Investor Teleconference Presentation Praxair, Inc. November 9, Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationPraxair, Inc. Kelcey Hoyt Director, Investor Relations
Praxair, Inc. Kelcey Hoyt Director, Investor Relations June 23, 2016 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private Securities Litigation
More informationFirst Half 2007 Management Report
First Half 2007 Management Report H1 2007 key figures in millions of euros H1 2006 H1 2007 07/06 as published 07/06 ex.currency Total revenue 5,483 5,629 +2.7% +6.3%* Operating income recurring 807 856
More informationPraxair, Inc. Steve Angel Chairman, President and Chief Executive Officer. Credit Suisse Basic Materials Conference September 17, 2014
Praxair, Inc. Steve Angel Chairman, President and Chief Executive Officer Credit Suisse Basic Materials Conference September 17, 2014 Forward Looking Statement This document contains forward-looking statements
More informationManagement s Discussion and Analysis 19. Management s Report on Internal Control over Financial Reporting 43
Management s Discussion and Analysis Financials Management s Discussion and Analysis 19 Management s Report on Internal Control over Financial Reporting 43 Report of Independent Registered Public Accounting
More informationFinancial Statements and Supplemental Information. For the Fiscal Year Ended December 31, 2010
2010 Financial Statements and Supplemental Information For the Fiscal Year Ended December 31, 2010 TABLE OF CONTENTS FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION For the fiscal year ended December
More informationNews Release PRAXAIR REPORTS RECORD FOURTH-QUARTER RESULTS
News Release Contacts: Susan Szita Gore, Media (203) 837-2311 - susan_szita-gore@praxair.com Elizabeth Hirsch, Investors (203) 837-2354 - liz_hirsch@praxair.com Praxair, Inc. 39 Old Ridgebury Road Danbury,
More informationInvestor Conference Call
Investor Conference Call Planned Acquisition of German Industrial Gas Business from Air Liquide October 7, 2004 www.praxair.com 2 Forward Looking Statements The forward-looking statements contained in
More informationPRAXAIR NEWS RELEASE. Praxair Reports Full-Year and Fourth-Quarter 2017 Results
PRAXAIR NEWS RELEASE Media Contact: Lisa Esneault (203) 837-2448 lisa_esneault@praxair.com Investor Contact: Juan Pelaez (203) 837-2213 juan_pelaez@praxair.com Praxair Reports Full-Year and Fourth-Quarter
More informationPraxair Annual Report: Exceptional
05 Praxair Annual Report: Exceptional Efficient Execution Ethical Exacting Expertise Expansion Enterprising Experienced TABLE OF CONTENTS FINANCIAL HIGHLIGHTS 2 CHAIRMAN S LETTER 3 OPERATIONS REVIEW 9
More informationCreate Shareholder Value
Create Shareholder Value Q2 FY18 Earnings Conference Call April 26 2018 Forward-looking statements This release contains forward-looking statements within the safe harbor provisions of the Private Securities
More informationNews Release PRAXAIR REPORTS SECOND-QUARTER 2011 RESULTS
News Release Contacts: Susan Szita Gore, Media (203) 837-2311 - susan_szita-gore@praxair.com Kelcey Hoyt, Investors (203) 837-2118 - kelcey_hoyt@praxair.com PRAXAIR REPORTS SECOND-QUARTER 2011 RESULTS
More informationTreasurer s s Department 2005/06 Recruiting
Treasurer s s Department 2005/06 Recruiting Global Energy Industry Growth World oil and gas demand growing Chemical business expanding Independent power growing Dynamic Environment Rapid advances in technology
More informationInvestor Teleconference Presentation Third Quarter October 29, 2003
Investor Teleconference Presentation October 29, -2- Earnings Teleconference Forward Looking Statements The forward-looking statements contained in this announcement concerning demand for products and
More informationManagement s Discussion and Analysis 14. Management s Report on Internal Control over Financial Reporting 37
F i n a n c i a l s Management s Discussion and Analysis 14 Management s Report on Internal Control over Financial Reporting 37 Report of Independent Registered Public Accounting Firm on Internal Control
More informationPRAXAIR EARNINGS RELEASE
PRAXAIR EARNINGS RELEASE Media Contact: Lisa Esneault (203) 837-2448 lisa_esneault@praxair.com Investor Contact: Juan Pelaez (203) 837-2213 juan_pelaez@praxair.com Praxair Reports Third-Quarter 2018 Results
More informationCreate Shareholder Value
Create Shareholder Value Seifi Ghasemi Chairman, President and Chief Executive Officer Credit Suisse Basic Materials Conference September 12 2017 Forward-looking statements NOTE: This presentation contains
More informationPraxair, Inc. Matthew J. White Senior Vice President and Chief Financial Officer
Praxair, Inc. Matthew J. White Senior Vice President and Chief Financial Officer August 9, 2017 Forward Looking Statement This document contains forward-looking statements within the meaning of the Private
More informationNews Release Exxon Mobil Corporation 5959 Las Colinas Boulevard Irving, TX Telephone Facsimile
News Release 5959 Las Colinas Boulevard Irving, TX 75039 972 444 1107 Telephone 972 444 1138 Facsimile FOR IMMEDIATE RELEASE TUESDAY, JANUARY 31, 2017 ExxonMobil Earns $7.8 Billion in 2016; $1.7 Billion
More informationCreate Shareholder Value
Create Shareholder Value Q1 FY18 Earnings Conference Call January 26 2018 Forward-looking statements This presentation contains forward-looking statements within the safe harbor provisions of the Private
More informationThird quarter 2007 revenue: 2,941 million, +10.3%
Third quarter 2007 revenue: 2,941 million, +10.3% Paris, 25 October, 2007 Accelerating growth, strengthened by Lurgi acquisition Third quarter highlights - Gas and Services sales growth at its highest
More informationPraxair, Inc. Matthew J. White Senior Vice President and Chief Financial Officer
Praxair, Inc. Matthew J. White Senior Vice President and Chief Financial Officer November 9-10, 2015 Forward Looking Statement This document contains forward-looking statements within the meaning of the
More informationProduct Pipelines. Natural Gas Pipelines. CO 2 Pipelines. Cochin. Pacific. Pacific. Pacific KMCO 2 KMTP
2000 Annual Report 3 Cochin Pacific KMIGT Trailblazer Pacific 3 CALNEV Pacific KMCO 2 Product Pipelines Transport more than 2 million barrels/day of gasoline, jet fuel, diesel fuel and natural gas liquids
More informationPRAXAIR NEWS RELEASE. Praxair Reports Third-Quarter 2017 Results
PRAXAIR NEWS RELEASE Praxair Reports Third-Quarter 2017 Results Media Contact: Lisa Esneault (203) 837-2448 lisa_esneault@praxair.com Investor Contact: Juan Pelaez (203) 837-2213 juan_pelaez@praxair.com
More information1 st Quarter 2008 Revenue
1 st Quarter 2008 Q1 2007 Q1 2008 08/07 as published 08/07 Gas and Services revenue 2 452 2 649 +8.0% +9.1% Engineering & Construction 86 189 +119.9% +12.5% Other Activities 253 253 +0.2% +1.5% Total revenue
More information1 st Half 2009 Revenue and Results
1 st Half 2009 Revenue and Results Resilience in sales and net profit 2009 objectives maintained Air Liquide, world leader in gases for industry, health and the environment July 30, 2009 Agenda Introduction
More informationCredit Suisse Conference
Credit Suisse Conference Greg C. Garland Chairman and CEO February 13, 2018 NYSE: PSX www.phillips66.com Lake Charles Refinery Cautionary Statement This presentation contains certain forward-looking statements.
More informationEXXON MOBIL CORPORATION ANNOUNCES ESTIMATED SECOND QUARTER 2014 RESULTS
News Release Exxon Mobil Corporation 5959 Las Colinas Boulevard Irving, TX 75039 972 444 1107 Telephone 972 444 1138 Facsimile FOR IMMEDIATE RELEASE THURSDAY, JULY 31, 2014 EXXON MOBIL CORPORATION ANNOUNCES
More information2007 Revenue and Results. 2007: strong increase in results Strengthened growth momentum. February 15 th, 2008
2007 Revenue and Results 2007: strong increase in results Strengthened growth momentum February 15 th, 2008 2007 revenue and results Agenda A successful 2007 Be the recognized industry leader John Glen
More informationFebruary 2019 MINERALS TECHNOLOGIES INC. MTI OVERVIEW INNOVATION LEADERSHIP EXCELLENCE
MINERALS TECHNOLOGIES INC. February 2019 MTI OVERVIEW INNOVATION LEADERSHIP EXCELLENCE SAFE HARBOR STATEMENT This presentation may contain forward-looking statements within the meaning of the Private Securities
More informationKinder Morgan is headquartered in Houston, Texas, and has more than 11,000 employees.
Who is Kinder Morgan? Kinder Morgan owns or operates approximately 75,000 miles of pipelines and 180 terminals in North America. Our pipelines transport natural gas and refined petroleum products including
More informationCreate Shareholder Value
Create Shareholder Value Q4 FY 14 Earnings Conference Call October 30, 2014 Forward looking statements This presentation contains "forward-looking statements" within the safe harbor provisions of the Private
More informationRohm and Haas Company. Jacques M. Croisetière Executive Vice President and CFO Morgan Stanley Basic Materials Conference
Rohm and Haas Company Jacques M. Croisetière Executive Vice President and CFO Morgan Stanley Basic Materials Conference 1 Forward Looking Statement The presentation today may include forward-looking statements
More informationStrategy execution. Business performance. Looking ahead. Capital disciplined growth. Achievements 2013 ANALYST PRESENTATION 2013.
Achievements Annual Results ANALYST PRESENTATION 1 Forward-looking statements This presentation contains forward-looking statements, based on currently available plans and forecasts. By their nature, forward-looking
More informationSeptember 2018 MINERALS TECHNOLOGIES INC. MTI OVERVIEW INNOVATION LEADERSHIP EXCELLENCE
MINERALS TECHNOLOGIES INC. September 2018 MTI OVERVIEW INNOVATION LEADERSHIP EXCELLENCE SAFE HARBOR STATEMENT This presentation may contain forward-looking statements within the meaning of the Private
More informationNews Release PRAXAIR REPORTS THIRD-QUARTER RESULTS
News Release Contacts: Susan Szita Gore, Media (203) 837-2311 - susan_szita-gore@praxair.com Elizabeth Hirsch, Investors (203) 837-2354 - liz_hirsch@praxair.com Praxair, Inc. 39 Old Ridgebury Road Danbury,
More informationStrategy. Operating Excellence. Growth. Returns. Distributions. High-Performing Organization. See appendix for footnotes. 4
Cautionary Statement This presentation contains forward-looking statements. Words and phrases such as is anticipated, is estimated, is expected, is planned, is scheduled, is targeted, believes, intends,
More informationFirst Half Results 2008:
First Half Results 2008: A strong performance in the first half ALMA gaining momentum August 4 th, 2008 First half results 2008 Agenda A strong performance in the first half ALMA gaining momentum John
More informationInvestor Presentation
Investor Presentation May 2013 48,000 employees 200 offices 70 countries 1 global platform Table of Contents I. Company Description II. Global Growth Strategy III. Financial Overview IV. Appendix 2 Company
More informationDriven to Create Value
Driven to Create Value Bank of America Refining Conference March 2016 2015 Corporation. All Rights Reserved. Forward Looking Statements This Presentation includes forward-looking statements within the
More informationManagement s Discussion and Analysis 10. Management s Report on Internal Control over Financial Reporting 32
Financials Management s Discussion and Analysis 10 Management s Report on Internal Control over Financial Reporting 32 Report of Independent Registered Public Accounting Firm on Internal Control over Financial
More informationBrazil Shareholder visit 2016 Re-shaping Shell, to create a world-class investment case
Brazil Shareholder visit 2016 Re-shaping Shell, to create a world-class investment case Royal Dutch Shell plc November 11, 2016 Let s make the future Royal Dutch Shell November 11, 2016 John Abbott Downstream
More information2011 First quarter activity
2011 First quarter activity Paris, April 26, 2011 Pierre Dufour, Senior Executive Vice-President Jean-Pierre Duprieu, Senior Vice-President Fabienne Lecorvaisier, Chief Financial Officer 2011 First Quarter
More informationINNOSPEC IMPROVING PORTFOLIO QUALITY. August 2018
INNOSPEC IMPROVING PORTFOLIO QUALITY August 2018 FORWARD-LOOKING STATEMENTS 2 This publication contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform
More informationWe create chemistry for a sustainable future
Ingo Rose Director Investor Relations Redburn Conference Toronto May 9-10, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation contains
More informationOiltanking s Houston Ship Channel Pipeline and Storage Project September 21,
Oiltanking s Houston Ship Channel Pipeline and Storage Project September 21, 2012 Trying to look all big and dumb.. Forward-Looking Statements Some of the information in this presentation may contain forward-looking
More informationH.B. Fuller Company. J.P. Morgan Securities
Michele Volpi President & Chief Executive Officer Jim Giertz Senior Vice President and Chief Financial Officer Steven Brazones Director, Investor Relations J.P. Morgan Securities New York, New York June
More information2018 Annual Meeting of Shareholders May 9, 2018 Houston, TX
2018 Annual Meeting of Shareholders May 9, 2018 Houston, TX NYSE: PSX www.phillips66.com CPChem s Cedar Bayou Ethane Cracker Cautionary Statement This presentation contains certain forward-looking statements.
More informationInvestor Presentation. 53,000 employees, 200 offices, 75 countries, 1 global platform
Investor Presentation 53,000 employees, 200 offices, 75 countries, 1 global platform August 2014 Who we are JLL is a leading provider of real estate services and investment management, creating value for
More informationJ.P. Morgan China Conference 2012
J.P. Morgan China Conference 2012 Gary E. Anderson, Chief Executive Officer, Europe & Asia 15 June 2012 Forward-Looking Statements The statements in this presentation that are not historical facts are
More informationStoring vital products. with care. PT2SB - Pengerang, Malaysia
Storing vital products with care PT2SB - Pengerang, Malaysia Clear and robust financial framework Gerard Paulides Member of the Executive Board & CFO Forward-looking statement This presentation contains
More informationProviding Energy, Improving Lives
Cautionary Statement This presentation contains forward-looking statements. Words and phrases such as is anticipated, is estimated, is expected, is planned, is scheduled, is targeted, believes, intends,
More information2010 Results. Solid performance New momentum established. Paris, February 15, Benoît Potier, Chairman and CEO
2010 Results Solid performance New momentum established Paris, February 15, 2011 Benoît Potier, Chairman and CEO Solid 2010 performance Back to more sustained growth Further improvement in operating performance
More informationReturn to growth in Q1 Solid operating performance
Paris, April 26, 2010 1st quarter 2010 revenue Return to growth in Q1 Solid operating performance Q1 2009 Q1 2010 change comparable change* Q1 10/08 comparable change* Gas and Services 2,548 2,760 +8.3%
More informationFinancial Statements and Supplemental Information
2017 Financial Statements and Supplemental Information For the Fiscal Year Ended December 31, 2017 FINANCIAL SECTION TABLE OF CONTENTS Business Profile 2 Financial Information 3 Frequently Used Terms 4
More informationInvestor Presentation. 53,000 employees, 200 offices, 75 countries, 1 global platform
Investor Presentation 53,000 employees, 200 offices, 75 countries, 1 global platform December 2014 Who we are JLL is a leading provider of real estate services and investment management, creating value
More informationAir Products Reports Fiscal Q2 Financial Results
News Release Air Products and Chemical, Inc 7201 Hamilton Boulevard, Allentown, PA 18195-1501 www.airproducts.com Second Quarter Summary Air Products Reports Fiscal Q2 Financial Results Non-GAAP adjusted
More informationPraxair 2008 ANNUAL REPORT
Praxair 2008 ANNUAL REPORT financial highlights praxair Dollar Amounts in millions except per share data year ended december 31, 2008 2007 2006 Sales $ 10,796 $ 9,402 $ 8,324 Operating profit $ 1,883 $
More informationbelow our forecasts. With the integration of Airgas and the launch of the NEOS program for the period , Air Liquide is
PRESS RELEASE Paris, February 15, 2017 Solid performance in 2016 after Airgas integration: Increase in revenue, net profit, and earnings per share 2016 Key Figures Group revenue: 18,135 million euros Net
More informationEXXON MOBIL CORPORATION ANNOUNCES ESTIMATED FOURTH QUARTER 2011 RESULTS % %
News Release Exxon Mobil Corporation 5959 Las Colinas Boulevard Irving, TX 75039 972 444 1107 Telephone 972 444 1138 Facsimile FOR IMMEDIATE RELEASE TUESDAY, JANUARY 31, 2012 EXXON MOBIL CORPORATION ANNOUNCES
More informationINNOSPEC IMPROVING PORTFOLIO QUALITY. March 2018
INNOSPEC IMPROVING PORTFOLIO QUALITY March 2018 FORWARD-LOOKING STATEMENTS 2 This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform
More informationSolid performance in a mixed environment
2014 Full Year Solid performance in a mixed environment Paris, 2014 Full Year Paris, Solid performance and sustained shareholder return in a mixed environment Sales growth, enhanced competitiveness Strong
More informationJanuary March 2008 Conference Call. Georg Denoke, CFO May 9, 2008
January March 2008 Conference Call Georg Denoke, CFO May 9, 2008 Disclaimer This presentation contains forward-looking statements about Linde AG ( Linde ) and their respective subsidiaries and businesses.
More informationSeptember 2018 MINERALS TECHNOLOGIES INC. MTI OVERVIEW INNOVATION LEADERSHIP EXCELLENCE
MINERALS TECHNOLOGIES INC. September 2018 MTI OVERVIEW INNOVATION LEADERSHIP EXCELLENCE SAFE HARBOR STATEMENT This presentation may contain forward-looking statements within the meaning of the Private
More informationCB&I Investor/Analyst Day
A World of Solutions CB&I Investor/Analyst Day November 2014 Safe Harbor Statement This presentation contains forward-looking statements regarding CB&I and represents our expectations and beliefs concerning
More informationNews Release Exxon Mobil Corporation 5959 Las Colinas Boulevard Irving, TX Telephone Facsimile
News Release 5959 Las Colinas Boulevard Irving, TX 75039 972 444 1107 Telephone 972 444 1138 Facsimile FOR IMMEDIATE RELEASE THURSDAY, APRIL 30, 2015 ExxonMobil Earns $4.9 Billion in of 2015 Balanced portfolio
More informationTransformation through Distinctive Performance Simmons Energy Conference. February 27, 2014
Transformation through Distinctive Performance Simmons Energy Conference February 27, 2014 Forward Looking Statements This Presentation includes forward looking statements within the meaning of the Private
More informationDUKE REALTY Investor Presentation October 2008
1 DUKE REALTY Investor Presentation October 2008 Forward-Looking Statement When used in this presentation, the word believes, expects, estimates and similar expressions are intended to identify forward-looking
More information