ARLANXEO strong global synthetic rubber player

Transcription

1 ARLANXEO strong global synthetic rubber player ARLANXEO at K 2016 Jan Paul de Vries, CEO ARLANXEO Düsseldorf, June 28, 2016

2 Safe harbor statement The information included in this presentation is being provided for informational purposes only. This presentation contains certain forward-looking statements, including assumptions, opinions and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of any of the ARLANXEO Group entities to differ materially from the estimations expressed or implied herein. None of the ARLANXEO Group entities guarantees that the assumptions underlying such forward-looking statements are free from errors nor do they accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of any ARLANXEO Group entity or any of such entity s officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document. 2

3 ARLANXEO a global leading synthetic rubber company Background: ARLANXEO: Joint venture formed by LANXESS and Saudi Aramco; Start-up April 1, 2016 A world-leading synthetic rubber company: development, manufacturing and marketing of high-performance rubber Global set-up: 20 plants in nine countries ~3,800 employees worldwide Global sales of ~2.8bn in 2015 Corporate Headquarters: Maastricht, Netherlands Business Units: Tire & Specialty Rubbers High Performance Elastomers ARLANXEO name: combining one syllable each of Saudi Aramco and LANXESS; ending EO refers to elastomers 3

4 ARLANXEO a powerful combination ARLANXEO Performance Elastomers World s largest integrated energy enterprise Backward integration into feedstock for synthetic rubber Strategic commitment to further develop value chain downstream A leading player in feedstocks Leading market and technology positions in synthetic rubber Well invested asset base Broadest product portfolio in the rubber industry with leading brands and quality A leading player in synthetic rubber 4

5 Saudi Aramco the world s largest energy player extends its business downstream Company Business Downstream commitment Headquarters: Dhahran, Kingdom of Saudi Arabia Employees: ~62,000 globally State-owned (100%) Represented in all major global energy markets World s largest integrated energy enterprise* - producing 1 in 8 barrels of oil globally World s largest oil production capacity World scale integrated chemical complexes A world leading producer of natural gas Powerful partnerships to extend downstream business, e.g.: SATORP (JV with Total) and further expansions Sadara (JV with Dow): Naphtha based chemicals value chain (start up Q3 2015) and further global projects Saudi Aramco targets to be the world s leading integrated energy and chemicals company by

6 ARLANXEO established new structures within a short period of time ARLANXEO Executive Board announced and Shareholders Committee established ARLANXEO Country representatives (Managing Director and CFOs) nominated ARLANXEO support functions established Headquarters in Maastricht, Netherlands, officially opened (June 22, 2016) ARLANXEO launched on April 1 Headquarters building in Maastricht, Netherlands (2 nd floor) 6

7 ARLANXEO synthetic rubber operations now benefit from backward integration Synthetic rubber* capacity Backward integration * Butyl, SSBR, ESBR, Nd- Co-, Li-, PBR, EPDM, (H)NBR, CR, EVM 7

8 ARLANXEO synthetic rubber businesses for a wide range of applications Tire & Specialty Rubbers (TSR) High Performance Elastomers (HPE) Primarily used in inner liners, treads and sidewalls of modern, fuel-efficient tires as well as non-tire applications For a wide range of technical applications (e.g. seals, hoses, profiles, cable sheathing, special films and adhesives) Butyl rubbers ~400kt EPDM ~450kt CR >60kt PBRs/SBRs >1,000kt (H)/NBR >130kt EVM ~15kt * PBR/SBR= Polybutadiene rubber / Styrene butadiene rubber, EPDM = Ethylene Propylene Diene Monomer, (H)NBR= (Hydrated) Nitrile butadiene rubber, CR= Chloroprene rubber, EVM= Ethylene vinyl acetate rubber 8

9 ARLANXEO on the K fair exhibition ARLANXEO booth with ~250m² including exhibition area, information desk and two meeting rooms Draft version First ARLANXEO booth on K will represent diverse range of synthetic rubbers applications focusing on: new products, mobility, leisure and green Draft version K trade fair location: hall 6 9

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11 ARLANXEO Performance Elastomers Appendix

12 ARLANXEO s Executive Board long-standing international management experience Jan Paul de Vries Chief Executive Officer (CEO) 12 Ali Ba-Baidhan Chief Financial Officer (CFO) Jorge Nogueira Member of the Executive Board Fayez Alsharef Chief Procurement Officer (CPO)

13 ARLANXEO Shareholders Committee Matthias Zachert Chairman of the Shareholders Committee Warren W. Wilder Vice Chairman Shareholders Committee Michael Pontzen Shareholders Committee Member Khalid H. Al- Dabbagh Shareholders Committee Member 13

14 More than 100 years of experience in performance elastomers Selected milestones in our history 1909 Fritz Hofmann invented synthetic rubber 1929 Invention of butadiene styrene copolymerization to produce SBR 1930 BUNA registered as trademark 1944 Butyl rubber production in Sarnia (Canada) started 1943 Synthetic rubber production exceeded 120kt p.a Start of industrial production of SBR (BUNA) 1939 Isobutylene copolymerized with isoprene making Butyl Rubber cross-linkable 1955 Foundation of Marl, largest and most modern synthetic rubber plant in Europe 1975 First production of First production of Chlorinated Butyl Rubber Brominated Butyl Rubber 2010 Groundbreaking for new Singapore site 1990 Acquisition of Polysar 2004 Spin-off of LANXESS from Bayer 2008 Acquisition of Petroflex 2016 ARLANXEO starts JV of Saudi Aramco and LANXESS 2013 Butyl SGP opening 2015 EPDM CHN opening Nd-BR SGP opening 2011 Acquisition of DSM Elastomers 14