Institutional Presentation
|
|
- Coral Lewis
- 6 years ago
- Views:
Transcription
1 Institutional Presentation
2 Disclaimer Certain statements in this presentation may constitute forward-looking statements. Such statements are subject to known and unknown risks and uncertainties that could cause the Company s actual results to differ materially from those set forth in the forward-looking statements. These risks include changes in customer demand for the Company s products, changes in raw material costs, seasonal fluctuations in customer orders, pricing actions by competitors, significant changes in the applicable rates of exchange of the Brazilian real against the US dollar, and general changes in the economic environment in Brazil, emerging markets or internationally. 2
3 01 Corporate Overview 02 Strategy 03 Pulp & Paper Industry 04 Results
4 Corporate Overview Suzano is a forestry-based company, publicly traded, controlled by Suzano Holding. Suzano operates in the pulp and paper businesses Competitive Advantages Forestry Low wood cost High productivity of our forests Low average distance Biotechnology Eucalyptus cycle: 7 years Pulp Low production costs Certified products Energy self-sufficient Diversified markets Commercial strategy Paper Regional leader Vertically integrated operations Distribution Forests Ports Mills Capital Structure (December/14) 53% Controlling Group Maranhão Limeira Suzano Embu Rio Verde Santos 45% Free Float 2% Market Cap: R$12.5 billion Piauí Treasury Itaqui Port Mucuri Portocel Vitória 4
5 Production Capacity Production Capacity ( 000 tons) 4,210 4,710 2,850 1,750 3,210 3,210 3,210 1,920 1,920 1,920 2,920 3,420 1,100 1,290 1,290 1,290 1,290 1, Paper Pulp ( 000 ton) Pulp Paper Unit Integrated Market Pulp Fluff Uncoated Coated Paperboard Maranhão - 1, Mucuri 200 1, Suzano * 270* 90* 200 Limeira Rio Verde Embu Total 970 3, * 850* 190* 250 *Note: Flexibility to produce Fluff or Printing and Writing paper 5
6 Diversified and Complementing Product Portfolio Suzano s products portfolio is made of market pulp, paperboard, uncoated paper and coated paper Net Revenues 58% Exports / 42% Domestic Market R$ 7.3 billion Market Pulp 2 nd eucalyptus market pulp producer Paper 53% 47% Paperboard Printing and Writing 10% 36% Uncoated Coated 27% 8% Note: Figures of last 12 months ending on 12/31/2014. Other paper represented 1% of net revenue on the period. 6
7 Positioning on Pulp Segment In 2014, the market pulp capacity 1 totalizes 61 million tons. The top 20 biggest producers represent 73% of the market. Pulp Production Capacity Top 20¹ (million ton) Eucalyptus Pulp Production Capacity (million ton) Fibria APRIL Arauco Suzano CMPC UPM-Kymmene Stora Enso Georgia Pacific Ilim Metsa Group Weyerhaeuser Paper Excelence Eldorado Mercer Domtar IP Sodra Resolute FP Canfor Ence Total: 44 million tons¹ Fibria Suzano CMPC Eldorado Arauco Stora Enso UPM-Kymmene Cenibra Ence Altri Other Brazil Mondi Portucel Lwarcel Faruki Total: 20 million tons Includes Sotfwood, Hardwood, Unbleached and Sulphite Fonte: Hawkins Wright (dec/14) and Suzano 7
8 Positioning on Paper Segment Leadership on Brazilian paper market Brazilian Paper Demand ( 000 ton) Paperboard 588 8% 92% Coated 48% 52% 558 Uncoated 6% Suzano Imports 94% Other Producers 1,363 National Producers Imports Source: Brazil's Forestry Industry Association Ibá (data considers the Common Mercosul Nomenclature - NCM - for the products manufactured by Suzano) 8
9 Forestry Assets Suzano s investment in R&D over many years allows the Company to expand its forestry assets to the northeast region of Brazil 2014 Total area (k ha) 1 1,060 Total planted area (k ha) Own planted area (k ha) Forest Partnership Program (k ha) 86 MA Own Preserved Area (k ha) Average Distance in Bahia (km) 2 73 TO PI Average Distance in São Paulo (km) BA Average Distance in Maranhão (km) Base 12/31/ Own and leased areas 2 Figures consider own, leased and third-parties areas Nursery in Mucuri SP MG ES 2014 Annual planting (k ha) 64 Planted seedlings / day (k) 221 Note: Both own and leased land can suffer variation up to 5% quarter over quarter. The total amount can differ due to rounding. The areas of SER Project were incorporated into Suzano s areas. 9
10 Sustainability Certifications Our responsible socioenvironmental management results in competitive advantages as the Forest Stewardship Council certification. Biodiversity We invest in technology, environmental monitoring and encourage the rational use of natural resources to minimize the impacts of our activities. Socioenvironmental Responsability We have tools aimed at strengthening the relationship with stakeholders. Also, we develop projects focused on income generation and education in the communities. 10
11 01 Corporate Overview 02 Strategy 03 Pulp & Paper Industry 04 Results
12 Strategy Focus Deleveraging Structural Competitiveness 12
13 Structural Competitiveness Forestry Industrial Average distance reduction - Short term: wood and land swap - Medium term: forestry precision - Long term: biotechnology Clone improvement Standartization and insourcing harvesting Structural Efficiency Gain Investment in retrofitting Small projects, high returns Logistics Commercial Integrated logistics with synergy gains New logistic modes Road transportation with autonomous drivers Price discipline Optimization of regional and customer mix Expansion of client base Maximize the return on assets and cash generation 13
14 01 Corporate Overview 02 Strategy 03 Pulp & Paper Industry 04 Results
15 World Paper Supply and Demand by Region World paper demand is estimated to grow +1.7% p.a. from 2014 to 2019, driven by emerging economies, while supply is projected to grow +1.6% p.a. during the period Paper Global Demand (million tons) e Paper Global Supply (million tons) e North America Western Europe Eastern Europe Asia Latin America Others* CAGR Demand e e North America -1.8% -0.7% Western Europe -0.9% -0.4% Eastern Europe +4.1% +2.9% Asia +4.1% +2.9% Latin America +3.0% +2.3% Others* +2.7% +2.7% Total +1.7% +1.7% CAGR Supply e e North America -1.4% -0.6% Western Europe -0.5% -0.2% Eastern Europe +3.7% +3.5% Asia +4.2% +2.9% Latin America +2.6% +2.7% Others* +2.7% +3.6% Total +1.6% +1.6% Note: *Others includes Middle East and Africa Source: Poyry (2013) 15
16 World Paper Supply and Demand by Segment World paper demand growth is driven by tissue and paperboard segments Paper Global Demand (million tons) e Paper Global Supply (million tons) e Printing & Writing Tissue Paperboard Specialties Others* Newsprint CAGR Demand e Printing & Writing +0.2% +0.4% Tissue +3.5% +3.2% Paperboard +2.7% +2.4% Specialties +0.3% +0.5% Others* +3.3% +2.7% Newsprint -1.8% -1.2% Total +1.7% +1.7% CAGR Supply e Printing & Writing -0.1% +0.3% Tissue +3.5% +3.2% Paperboard +2.3% +2.3% Specialties +1.0% +0.6% Others* +3.4% +2.7% Newsprint -1.9% -1.2% Total +1.6% +1.6% Note: *Others Includes corrugated and sackkraft paper, products with little or no virgin fiber consumption Source: Poyry (2013) 16
17 USA Canada Sweden Norway Macau Switzerland Finland Hong Kong Denmark Austria Germany UK Iceland Chile Mexico Uruguay Argentina Brazil Colombia China India Per-capita Consumption of Tissue Demand for tissue is impacted by cultural factors, the economic growth (GDP) and the development of the country (urbanization). The share of this segment in total paper demand should increase driven by higher demand in emerging countries Per-capita Consumption of Tissue (Kg/person/year) Source: World Tissue Business Outlook RISI (2013) 17
18 World Market Pulp Supply and Demand Expectations of a scenario marked by supply and demand in balance. The growth in market pulp demand is driven by pulp consumption in Asia, which has invested in nonintegrated paper mills. Supply growth is driven by Latin America, the most competitive region for pulp production Market Pulp Global Demand (million tons) e Market Pulp Global Supply (million tons) e North America Europe Latin America Asia Others* CAGR Demand e North America -3.8% -1.7% Europe -0.3% +0.2% Asia +7.8% +4.4% Latin America +5.5% +3.3% Others* +6.3% +3.5% Total +3.2% +2.4% CAGR Supply e North America +0.4% +0.1% Europe +1.3% +1.0% Asia +4.5% +4.2% Latin America +6.9% +3.9% Others* +1.7% +0.1% Total +2.9% +2.2% Note: *Others includes Middle East and Africa Source: Poyry (2013) 18
19 Million ton Million ton Pulp and Paper Production Chain Globally, market pulp represents 14% of fiber consumption for paper production 56% 244 Total fiber consumption % Recycled % Non-wood, Mechanical Pulp and Integrated Pulp Virgin fiber 31% 59 Paper Production Market Pulp Printing & Writing Paperboard Tissue Corrugated Newsprint Others BEKP 1 BHKP 2 Others 4 BSKP Bleached Eucalyptus Kraft Pulp 2 Bleached Hardwood Kraft Pulp 3 Bleached Softwood Kraft Pulp 4 Includes Unbleached Kraft Pulp and sulphite 5 excludes dissolving pulp and fluff Source: Poyry (2013) and PPPC (Sep/14)
20 Volume by Fiber Type (Million ton) Competitiveness of Eucalyptus Pulp BEKP competitiveness leads to fiber substitution CAGR BEKP: +7.2%p.a Others BHKP: -2.1%p.a. CAGR BEKP: +4.5% p.a. Others BHKP: +0.5%p.a Total Market Volume (million ton) e 2016e 2017e 2018e 2019e Market Pulp BEKP Others BHKP BSKP Others 0 1 Market Pulp: Excludes Mechanical Pulp 2 Bleached Eucalyptus Kraft Pulp 3 Others Bleached Hardwood Kraft Pulp 4 Bleached Softwood Kraft Pulp 5 Includes sulphite and unbleached pulp Source: Poyry (2013) and PPPC (Dec/2014) 20
21 Russia Brazil Chile/Uruguay Africa Indonesia Finland Iberia Bel/Fra Sweden Japan Other Asia USA Canada China Eastern Europe Chile Finland Sweden Other USA Other Europe Japan West Canada East Canada BC Coast Cash Cost in Pulp Production New pulp projects are located in low-cost regions, most of them in South America. Brazil is the main destination for global investments Cash Cost CIF / Europa (US$/ton) Hardwood Softwood 25.1 MM ton 6.3 MM ton 19.4 MM ton *Others includes New Zeland, Argentina, China and South Africa Source: Hawkins Wright (Dec/14) 6.5 MM ton Low Cost High Cost Low Cost High Cost 21 21
22 Forestry Competitiveness in Brazil Brazil presents competitive advantages to support continuous increase of its global forestry standing Hardwood Productivity (m 3 /ha/year) Competitive Advantages - Brazil Availability of productive land Excellent soil and climate conditions Short harvesting cycle for planted forests Opportunity to recover degraded areas Brazil China Indonesia Australia Chile New Zealand South Africa USA Portugal Finland Sweden Low establishments and maintenance costs Source: ABRAF Pulp Productivity 10.5 adtm /ha/year adtm/ha/year +100% Biotechnology More wood / hectare More pulp / m³ Superior quality Smaller area Decreasing costs / m³ Source: Suzano 22
23 Euca Fluff Up to 70% softwood substitution for tampons and up to 30% for diapers Cost reduction for clients Annual Capacity: up to 100 kton Capex: approximately R$30 million Start-up: December/2015 Unit: Suzano Flexibility to produce fluff or printing and writing paper according to current production capacity First company in the world to produce fluff from hardwood 23
24 01 Corporate Overview 02 Strategy 03 Pulp & Paper Industry 04 Results
25 Operating Result Pulp Business Presence in main international markets and strategic relationship with clients with 80% of total sales through long-term contracts Pulp Production ( 000 tons) 2,982 Pulp Sales Volume ( 000 tons) 2, ,824 1,876 1,932 1,808 1,847 1, ,373 1,445 1,435 1,480 Domestic Market Export Pulp Sales Volume per Region 2014 Asia 41% North America 11% Pulp Sales per Segment 2014 Special 18% Others 5% P & W 15% South / Central America 1% Europe 30% Packaging 7% Brazil 17% Tissue 55% 25
26 Operating Result Paper Business Operational excellence in paper: product portfolio and revenue management, optimization of assets, and strengthening of distribution channel Paper Production ( 000 tons) 1,287 1,311 1,293 1,301 Paper Sales Volume ( 000 tons) 1,335 1,347 1,312 1, Domestic Market Export Brazil 71% Paper Sales Volume per Region 2014 South / Central America 14% Others 1% North America 11% Europe 3% Suzano s Strategy Consolidation of the leadership position in the domestic market Improvement in sales mix between the domestic and export markets Unique model of joint operations with the distribution channel in Latin America 26
27 Financial Result Cost reduction even with inflation of 6.2% Net Revenue (R$ million) 7,265 Consolidated Cash Cost* (R$/ton) 4,848 5,192 5,689 3, ,835 3,004 3,111 2,013 2,188 2,577 3,851 Average R$/US$ Pulp Paper Consolidated Cash Cost* (R$/ton) COGS (R$/ton) % 3.6% -1.8% (57) 1,200 1,261 1,307 1,284 - R$ 45/ton 2013 Wood Chemicals Fixed Cost 2014 *Ex-maintenance downtime Inflation +5.7% +5.9% +6.2% 27
28 Financial Result Continuous focus on increasing operational results Sales Expenses / Net Revenue (%) 5.1% 4.8% 4.4% 4.1% Adm. Expenses / Net Revenue (%) 7.8 % 6.9% 6.6% 5.4% Adjusted EBITDA/ton (R$/ton) Adjusted EBITDA and Adjusted EBITDA Margin (R$ million) (%) % 33.8% % 24.3% 2,452 1,141 1,260 1, Adjusted EBITDA Adjusted EBITDA Margin 28
29 Debt on 12/31/2014 Gross Debt: R$13,761 million Amortization (R$ million) Net Debt: R$10,074 million 3,686 Average Cost of Debt: 2,503 3,029 In BRL: 10.5% p.a. or 91.2% of CDI In USD: 4.7% p.a. 1,795 1,468 1,462 1,825 1,679 Average Debt Maturity: 3.95 years Cash Position onward Debt Profile and Index Exposure Net Debt / Adjusted EBITDA (x) Local Currency 45% Short Term 13% CDI 27% TJLP 13% Fixed (R$) 6% 4.8x 5.1x 5.2x 4.1x Foreign Currency* 55% Long Term 87% * The debt percentage in foreign currency, considering derivative adjustment, was 57%. Libor 18% Fixed (US$) 33% Basket of Currencies 3%
30 CAPEX 2015 Competitiveness Project Capex (R$ billion) Digester at Suzano unit Insourcing and equipment modernization Reduction in average supply radius in SP Energy efficiency program Small projects, high returns Maintenance Vale Florestar Euca Fluff Competitiveness Projects Capex 2015e EBITDA Gain: ~R$ 95 million/year as of
31 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Stock Performance Daily Trade Number - SUZB5 (Trade number) 11,279 Daily Financial Volume SUZB5 (R$ million) 6,574 8, , Stock Performance - SUZB5 (100 basis: Jun/12 - Dec/14) 260 SUZB5 +192% IBrX-50 +4% Ibovespa -8% Source: Bloomberg 30
32 Investor Relations 31
Institutional Presentation
Institutional Presentation Disclaimer Certain statements in this presentation may constitute forward-looking statements. Such statements are subject to known and unknown risks and uncertainties that could
More informationInstitutional Presentation
Institutional Presentation Disclaimer Certain statements in this presentation may constitute forward-looking statements. Such statements are subject to known and unknown risks and uncertainties that could
More informationBTG Pactual Pulp & Paper Day
BTG Pactual Pulp & Paper Day Disclaimer Certain statements in this presentation may constitute forward-looking statements. Such statements are subject to known and unknown risks and uncertainties that
More informationInstitutional Presentation 1Q17 1
Institutional Presentation 1Q17 1 Disclaimer The statements in this presentation constitute forward-looking statements. Such statements are subject to known and unknown risks and uncertainties that could
More informationInstitutional Presentation 4Q17 1
Institutional Presentation 4Q17 1 Disclaimer The statements in this presentation constitute forwardlooking statements. Such statements are subject to known and unknown risks and uncertainties that could
More informationGlobal Market Pulp Statistics
Global Market Pulp Statistics Bleached Kraft Pulp November Data 217 Global Statistics for Bleached Kraft Market Pulp The statistics in this file is based on EPIS (European Pulp Industry Sector) data, distributed
More informationINSTITUTIONAL PRESENTATION
INSTITUTIONAL PRESENTATION ITAU CONFERENCE NEW YORK - MAY, 2015 KLBN11 KLBN11 / KLBAY DISCLAIMER The statements contained in this presentation related to the business outlook, operating and financial projections,
More informationSouth America The ABC... &... U countries
South America The ABC... &... U countries Celso Foelkel 2005 International Pulp Week Montreal / Canada May 2005 The players we are talking about Brazil Uruguay Wood & P & P Chile Argentina The players
More informationBRAZIL: Forests, Pulp Mills & Pulp Markets. Facing Today s & Tomorrow s Challenges
BRAZIL: Forests, Pulp Mills & Pulp Markets Facing Today s & Tomorrow s Challenges Celso Foelkel COMPETITIVENESS The ability to add more value than the global average in relation to the competitors in terms
More informationBrazilian Pulp And Paper Industry. May 2013
Brazilian Pulp And Paper Industry May 2013 Index Industry Overview 3 Main World And Pulp and Paper Producers 2009 4 Planted Forests by the Brazilian Pulp and Paper Industry 5 Planted Forests Area in the
More informationFirst Quarter 2017 Earnings Results
First Quarter 2017 Earnings Results Forward-looking Statements This presentation may contain forward-looking statements, that should be considered as good faith estimates. Such statements are subject to
More informationCAPACITY. Domestic market. 2.5 m t. 243 k ha 700 k t. Domestic and export markets. 1.7 m t. 145 k t. 960 k t. Domestic market 250 k t.
DISCLAIMER The statements contained in this presentation related to the business outlook, operating and financial projections, and growth prospects of Klabin S.A. are merely projections, and as such are
More informationKlabin Institutional Presentation May 2008
Klabin Institutional Presentation May 2008 1 Forward Looking Statement The statements contained in this presentation related to the business outlook, operating and financial projections, and growth prospects
More informationMeghanaReddy JessieYoh JamesYoon. sow ideas. cultivate relationships. reap results.
MeghanaReddy JessieYoh JamesYoon sow ideas. cultivate relationships. reap results. stern iag agenda Thesis Company Overview History Businesses Industry/Market Pulp Competitive Advantages Competition Risks
More informationGlobal Fluff Pulp Outlook
Global Fluff Pulp Outlook RISI North American Conference San Francisco, USA October 218 Patrick Cavanagh Economist, Pulp Presentation Overview Fluff pulp basics Demand Steady growth trends for both mature
More informationSourcing of China s Paper Fiber Supply & Recent Trade Trends. Kerstin Canby
Sourcing of China s Paper Fiber Supply & Recent Trade Trends Kerstin Canby Where will the supply come from? GDP per capita & paper consumption 400 Consumption 2000, kg per capita Finland USA USA 300 200
More informationFibria Investor Day. May 11, 2011
Fibria Investor Day May 11, 2011 AGENDA Fibria s Strategy Market, Sales and Logistics Innovation and Competitiveness Forestry Operations Industrial Operations Sustainability Human Resources Corporate Governance
More informationPresentation prepared for Bolsa de Santiago - MILA s Conference Fernando Hasenberg CFOO Santiago, Chile June 2012
Company Overview Presentation prepared for Bolsa de Santiago - MILA s Conference Fernando Hasenberg CFOO Santiago, Chile June 2012 Agenda 3 Overview 9 Business Divisions 20 Social Responsibility &Sustainability
More informationEmpresas CMPC S.A Presentation Prepared for The Chilean Forestry Sector Conference
Empresas CMPC S.A. 11.09 Agenda Overview 3 Business Divisions 7 Social Responsibility and Sustainability 16 Financial Review 18 Concluding Remarks 20 2 CMPC is an important player in the P&P industry CMPC
More informationUpdate: The Global Demand for Wood Fibre
Update: The Global Demand for Wood Fibre Timber Invest Europe Conference, London Bob Flynn Director, International Timber October 25, 21 End-use Market Sectors for Timberland Investments Pulp and Paper
More informationDefining the China Market for pulp, paper and board
Defining the China Market for pulp, paper and board Roger Wright September 2004 HAWKINS WRIGHT Statistics 32.74% of statistics are made up on the spot HAWKINS WRIGHT Paper Industry structure The New China
More informationAgenda. Arauco Overview. Business Segments. Investments. Financial Highlights. Sustainability
Agenda Arauco Overview Business Segments Investments Financial Highlights Sustainability 2 Arauco started more than 30 years ago as a Chilean forest and pulp firm 1977 1990 1993 1994 1995 1996 1999 2000
More informationPolicy and Market Brief
C e n t e r f o r I n t e r n a t i o n a l F o r e s t r y R e s e a r c h China s Wood Pulp Imports: A Summary of Recent Trends by Volume, Value and Country of Origin Christopher Barr, Ahmad Dermawan,
More informationOutlook for the World
Outlook for the World Paper Grade Pulp Market Kurt Schaefer, VP Fiber June 2015 kschaefer@risi.com 1 Copyright 2015 RISI, Inc. Proprietary Information Recent Developments and Near-Term Outlook 2 Copyright
More informationOutlook for Woodchip Imports in China
Outlook for Woodchip Imports in China Bob Flynn Director, International Timber, RISI JOPP Seminar, Tokyo, June11, 2013 Thousand BDMT As recently as 2003, China was the fourth largest supplier of hardwood
More informationSenior Management Symposium 10 April 2017
Senior Management Symposium 10 April 2017 Pulp: 70% of your tissue costs, but what s happening in the pulp market? Pierre Bach Research Manager Hawkins Wright UK Pierre joined Hawkins Wright in 2014 and
More informationGlobal Wood Flows: 2011 and Beyond
Global Wood Flows: 211 and Beyond Bob Flynn Director, International Timber FRA Webinar, April 13, 211 Global Wood Flow - Agenda Impact of the Japanese earthquake and tsunami Pacific Rim Woodchip Market
More informationGlobal Pulp Market: Size, Trends & Forecasts ( ) June 2018
Global Pulp Market: Size, Trends & Forecasts (2018-2022) June 2018 Global Pulp Market: Coverage Executive Summary and Scope Introduction/Market Overview Market Analysis Regional Analysis Market Dynamics
More informationSoftwood Log and Lumber Markets in Asia
Softwood Log and Lumber Markets in Asia Mapping the Course Vancouver, Washington January 24, 219 Bob Flynn Director, International Timber Fastmarkets/RISI Email: rflynn@fastmarkets.com Phone: 1-36-471-6578
More informationThe global need for food, fibre and fuel is there enough land to satisfy the demands?
The global need for food, fibre and fuel is there enough land to satisfy the demands? Global demand for wood and fibre in the next 20 years KSLA, Stockholm 27 September 2011 Agenda Introduction Industrial
More informationStora Enso in transformation and expansion. Mats Nordlander, Executive Vice President Renewable Packaging
Stora Enso in transformation and expansion Mats Nordlander, Executive Vice President Renewable Packaging The strategic shift 2 Transforming from a European pulp and paper company to a renewable materials
More informationWood Fibre Supply: Global Trends and Changing Forces
Wood Fibre Supply: Global Trends and Changing Forces Stephen Midgley Director. The World Needs Wood What is influencing global wood demand? Population: More people = More wood Economic growth: Rich people
More informationFibria s Biostrategy How a Global Leader in Pulp Production is Diversifying into the Bioeconomy
Fibria s Biostrategy How a Global Leader in Pulp Production is Diversifying into the Bioeconomy Mike Rushton, Fibria Innovations Copyright 2017 Fibria, all rights reserved RBI Meeting Atlanta - March 7,
More informationChallenges for the Forest Products Industry of the North
Jouko Karvinen Helsinki, Finland CEO, Stora Enso Oyj Challenges for the Forest Products Industry of the North Stora Enso CEO Jouko Karvinen 14 Introduction Challenges for the forest products industry of
More informationGROWTH OPPORTUNITIES IN PULP
GROWTH OPPORTUNITIES IN PULP Heikki Vappula EVP, UPM Biorefining 1 Pulp is used in products we all use daily 2 Megatrends accelerate the demand of wood fibres High population growth areas in Asia, Africa
More informationPulp Industry Expansion and New Wood Fibre Demand in Southern China - Implications for the Region -
Pulp Industry Expansion and New Wood Fibre Demand in Southern China - Implications for the Region - Christian Cossalter CIFOR The Future of Forests in East Asia and China 7 8 October 2004 Kuala Lumpur,
More informationInvesting in Plantations. Stora Enso s Experiencies
Investing in Plantations Stora Enso s Experiencies Stora Enso in Brief Paper Packaging Boards Forest Products Production capacities 15.7 million tonnes of paper and board 1570 7.4 million m 3 of sawn and
More informationBiomaterials. Innovating for the future Markus Mannström EVP, Biomaterials division
Biomaterials Innovating for the future Markus Mannström EVP, Biomaterials division Our road to success in the bioeconomy Introducing Addressing Delivering Generating xxxx xxxx new products xxxx superior
More informationFibria creating shared value
Fibria creating shared value STRATEGIC PILLARS We combine strength with market opportunity, creating leverage for business growth Operational excellence Seek maximum efficiency and lower costs in industrial
More informationEuropean Pulpwood Import Markets February 2016, Vietnam
European Pulpwood Import Markets February 2016, Vietnam 1. European pulpwood production Europe. Main Players PULP PRODUCTION European pulp production ~31 Mill tad/yr 11.6 Mill. MT/year 10.5 Mill. MT/year
More informationMARKET DRIVEN BUSINESS MODEL What does it mean to Energy and Pulp? Heikki Vappula President Energy and Pulp Business Group
MARKET DRIVEN BUSINESS MODEL What does it mean to Energy and Pulp? Heikki Vappula President Energy and Pulp Business Group Contents Growth through market based approach Energy Pulp Biofuels Summary 2 UPM
More informationPulp and paper markets and forecasts. Bernard de Galembert
Pulp and paper markets and forecasts Bernard de Galembert Top pulp producers - 2006 Mt 06/05 Mt 06/05 World 192.3 +1.9% Indonesia 5.7 +3.7% USA 53.2 +0.5% Chile 3.6 +6.5% Canada 23.7-7.2% India 3.2-3.0%
More informationAlumina Refining Under Review Analysis of Global Supply and Demand
Alumina Refining Under Review Analysis of Global Supply and Demand 2015 Metal Bulletin International Aluminium Conference Simon Storesund, SVP Commercial, B&A 23 September 2015 (1) Cautionary note Certain
More informationUpdate on the Asian Wood Markets
Update on the Asian Wood Markets RISI North American Conference Boston, USA October 16 18, 2017 Bob Flynn Director, International Timber, RISI Copyright 2017 RISI, Inc. Proprietary Information Agenda Market
More informationWood Pulp Sector. Sector Focus. Insatiable Chinese appetite for fiber and pulp. REGIONAL 20 July Singapore Equity Research
Singapore Equity Research 20 July 2005 REGIONAL www.dbsvickers.com Wood Pulp Sector Insatiable Chinese appetite for fiber and pulp In this report, we discuss the global demand and supply of market wood
More informationUS Forest Products Sector Overview.
US Forest Products Sector Overview Forest area (>2 million hectare) Canada Russia USA China Mx Co Vz Bo Peru Su DRC In Indo PN Brazil A Key: This shape represents 1 million hectares. Area of shapes is
More informationGrowth Engine. Mats Nordlander, EVP, Renewable Packaging
Growth Engine Mats Nordlander, EVP, Renewable Packaging 2 World needs a new approach to materials Renewable packaging Recyclable packaging Packaging More from less End of waste Responsible and resource
More informationContinuing our successful journey. Markus Mannström EVP, Biomaterials division
Continuing our successful journey Markus Mannström EVP, Biomaterials division Solid performance with increased focus on innovation Sales by product 9% 1% Hardwood Softwood 10% 49% Nr 1 in fluff in Europe
More informationSOUTH AFRICAN FORESTRY AND FOREST PRODUCTS INDUSTRY 2016
SOUTH AFRICAN FORESTRY AND FOREST PRODUCTS INDUSTRY 2016 Image: Mondi SEPTEMBER 2017 By Roger Godsmark Presentation Outline Introduction The importance of the Forestry Industry The importance of the Forest
More informationAn overview of global cement sector trends
An overview of global cement sector trends Insights from the Global Cement Report 1 th Edition XXX Technical Congress FICEM-APCAC 2 September, 213 Lima, Peru Thomas Armstrong International Cement Review
More informationGreen CRA Annual Report
Green CRA Annual Report 2017 1 Introduction At 93 years of age, Suzano Papel e Celulose continues to constantly seek out growth, to build a better and more sustainable future, and to innovate in all areas
More informationInternational Timber Outlook: Logs and Woodchips
International Timber Outlook: Logs and Woodchips RISI 33 rd Annual North American Conference San Francisco, California October 1 12, 218 Bob Flynn Director, International Timber RISI Agenda Chinese imports
More informationGlobal Dynamics of the Pulp and Paper Industry 2017
NC State University Global Dynamics of the Pulp and Paper Industry 2017 Richard B. Phillips North Carolina State University Raleigh, North Carolina richard_phillips@ncsu.edu NC State University Four Main
More informationUBS Paper and Packaging Conference Cape Town 27 September 2012
UBS Paper and Packaging Conference Cape Town 27 September 2012 Forward looking statements Certain statements in this release that are neither reported financial results nor other historical information,
More informationCIBC Whistler Conference A Brief Introduction to Mercer January 2010
CIBC Whistler Conference A Brief Introduction to Mercer January 2010 Forward Looking Statements The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements.
More informationFull Year For personal use only. Market Update. March 2016
Full Year 2015 Market Update March 2016 Important Notice and Disclaimer This presentation includes forward-looking statements. These can be identified by words such as may, should, anticipate, believe,
More informationTighter competition in a globalised world: Threats and opportunities for the European pulp & paper industry
Tighter competition in a globalised world: Threats and opportunities for the European pulp & paper industry International Meeting of Slovene Paper Industry Bled, 23 November 2011 Bernard Lombard, CEPI
More informationPulp & Paper Statistics 2018
Pulp & Paper Statistics 2018 Japan Paper Association CONTENTS Page Outline of Japanese Pulp and Paper Industry 2017 Paper and Paperboard Production Paper and Paperboard Domestic Demand Paper and Paperboard
More informationHancock Timberland Investor First Quarter 2014
Hancock Timberland Investor First Quarter 214 Brazil Eucalyptus Pulpwood Markets Brazil s eucalyptus pulpwood markets are expected to confront headwinds, but longer term prospects remain strong. Brazil
More informationFuture supply of timber and engineered wood products to Australian markets
Building construction with prefabricated timber and engineered wood Future supply of timber and engineered wood products to Australian markets Frame Australia 2016 Conference and Exhibition Erkki Välikangas
More informationTransformation. John V. Faraci Chairman & CEO. Marianne M. Parrs Executive VP & CFO
Presentation includes additional slides from International Paper s second quarter 2005 earnings conference call on July 26, 2005 Transformation John V. Faraci Chairman & CEO Marianne M. Parrs Executive
More informationThe South African Forestry and Forest Products Industry 2015
The South African Forestry and Forest Products Industry 2015 Produced By Roger Godsmark Forestry South Africa, January 2017 Presentation Outline Introduction The importance of the Forestry Industry The
More informationFinancial Results Meeting: The 1st 3 Months of FY Ending March (April 1, 2016 June 30, 2016) August 9, 2016
Financial Results Meeting: The 1st 3 Months of FY Ending March 2017 (April 1, 2016 June 30, 2016) August 9, 2016 Unification of Accounting Period Unify accounting period (financial reporting period) of
More informationPEFC Global Statistics: SFM & CoC Certification.
PEFC Global Statistics: SFM & CoC Certification Data: Sep 2017 www.pefc.org Members, Endorsed Systems; Distribution of Certificates North America 164.4 million ha 54.1% TCA 451 CoC Europe 95.9 million
More informationOpportunities and Threats to the Forest Industry in the South
Ergilio Claudio-da-Silva Jr São Paulo, Brazil Corporate Technology Manager, Aracruz Celulose SA Opportunities and Threats to the Forest Industry in the South The Marcus Wallenberg Prize Symposium Stockholm,
More informationSummary Update. Contents
Contents Summary Update Timber Prices Product Prices Timberland Markets International Update Economic News The FIA Quarterly Dashboard Summary Update Timber and Product Prices While exports remain the
More informationTimberland Investment and International Timber Markets
Timberland Investment and International Timber Markets RISI North American Conference October 2016 Bob Flynn Director, International Timber Agenda Overview of timberland investment in 2016 Update on two
More informationKnowledge for Africa s Development: Innovation, Education, and Information and Communications Technologies Johannesburg, South Africa, May 8-10, 2006 DEVELOPING AND IMPLEMENTING KNOWLEDGE STRATEGIES EXPERIENCES
More informationRBC Capital Markets Global Industrials Conference September 11, 2012
RBC Capital Markets Global Industrials Conference September 11, 2012 Forward Looking Statements The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements.
More informationSemi-Annual NY Micro Cap Conference Sidoti & Company, LLC January 2012
Semi-Annual NY Micro Cap Conference Sidoti & Company, LLC January 2012 Forward Looking Statements The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements.
More informationA Formula for Sustainability
A Formula for Sustainability Pacwest Conference June 2008 Forward Looking Statements The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. Certain
More information2015 REGIONAL SENIOR EXECUTIVE REWARD SURVEY MERCER EXECUTIVE REMUNERATION GUIDES (MERG) CHINA, HONG KONG, INDIA, JAPAN AND SINGAPORE
2015 REGIONAL SENIOR EXECUTIVE REWARD SURVEY MERCER EXECUTIVE REMUNERATION GUIDES (MERG) CHINA, HONG KONG, INDIA, JAPAN AND SINGAPORE MERCER EXECUTIVE REMUNERATION GUIDES MERCER S NEW ASIA SENIOR EXECUTIVE
More informationEXPORTS: COMPETITION,
FUTURE FORESTS S 2002 EXPORTS: COMPETITION, COLLABORATION AND THREATS Rob McLagan NZ Forest Owners Association Melbourne November 2002 NZ PLANTATION FORESTS VITAL STATISTICS 1.8 million ha plantation forest
More informationMAYR-MELNHOF KARTON AG
MAYR-MELNHOF Results for the 2001 FIRST HALF-YEAR August 28, 2001 Page 1 MM MM - GROUP MAYR-MELNHOF CARTONBOARD 8 Mills 5 Countries 2,485 Employees * PACKAGING 17 Facilities 7 Countries 2,802 Employees
More informationWORKFORCE METRICS BENCHMARK REPORT
WORKFORCE METRICS BENCHMARK REPORT THE MORE YOU KNOW, THE SMARTER YOU WORK As an HR professional, you focus on helping your organization optimize its human capital, but how do you show that achievement?
More informationD E C E M B E R , S A O P A U L O PIMEC
D E C E M B E R 2 0 1 6, S A O P A U L O PIMEC D E C E M B E R 2 0 1 6, S A O P A U L O KLBN11 / KLBAY FABIO SCHVARTSMAN C H I E F E X E C U T I V E O F F I C E R D E Z E M B R O 2 0 1 6, S A O P A U L
More informationFinancial Results Meeting: FY Ended March 2018 (April 1, 2017 March 31, 2018)
Financial Results Meeting: FY Ended March 2018 (April 1, 2017 March 31, 2018) May 14, 2018 Contents Summary of Business Results for FY Ended March 2018, and Forecast for FY Ending March 2019 02 Financial
More informationPaper Industry Outlook and Implications
Paper Industry Outlook and Implications AIMCAL Fall Technical Conference October, 2004 Frank Perkowski Business Development Advisory 770-643-9081 frank@bd-advisory.com www.bd-advisory.com 1 Agenda 20 North
More informationRussia China Forest Products Trade. Promoting Sustainable Trade. Kerstin Canby Forest Trends August 15, 2006
Russia China Forest Products Trade Promoting Sustainable Trade Kerstin Canby Forest Trends August 15, 2006 Importance of Russian Chinese Trade Overall Trade China : Russia s 4 th largest trade partner
More informationGlobal Timber and Solidwood Market Highlights - Focus on Asia 2012
Global Timber and Solidwood Market Highlights - Focus on Asia 2012 25 th Annual Global Forest & Paper Industry Conference, PWC, Vancouver, British Columbia, May 12, 2012 Bob Flynn Director, International
More informationYara International ASA SEB Investment Grade seminar
Yara International ASA SEB Investment Grade seminar 24 Aug 2017 Thor Giæver, Investor Relations Safe operations is our first priority 4,5 4,0 TRI (Total recordable injuries 12-month rolling) 1 3,5 3,0
More informationAdvanced Analytics Meets Pulp and Paper Planning and optimizing your Supply Chain from A to Z. June 22, 2016
Advanced Analytics Meets Pulp and Paper Planning and optimizing your Supply Chain from A to Z June 22, 2016 Meet the Presenters Gertjan de Lange Connecting Business & Optimization SVP, AIMMS Gertjan has
More informationTrends and Changes in the Forest Products Industry
Trends and Changes in the Forest Products Industry International Paper The world s leading producer of fiber-based packaging, pulp and paper Our vision is to be among the most successful, sustainable,
More informationAlumina in focus Supply, Demand and Pricing
Alumina in focus Supply, Demand and Pricing 2015 Metal Bulletin B&A Conference Simon Storesund, SVP Commercial, B&A 26 February 2015 (1) Cautionary note Certain statements included within this announcement
More informationARAUCO Corporate Presentation. renewables for a better life
ARAUCO Corporate Presentation renewables for a better life Arauco Overview Business Segments Future Investments Recent Events and Initiatives Sustainability ARAUCO STARTED AS A CHILEAN FORESTRY AND PULP
More informationBrazilian Copper & Scrap Industry overview. June 2 nd, 2014
Brazilian Copper & Scrap Industry overview June 2 nd, 2014 1 Disclaimer and Forward-looking Statements This presentation may contain certain forward-looking statements and information relating to Paranapanema
More informationThe aluminium value chain - Upstream drivers and challenges
The aluminium value chain - Upstream drivers and challenges Kathrine Fog, SVP Corporate Strategy & Analysis Hydro Metal Bulletin Conference, Singapore, October 2015 (1) Cautionary note Certain statements
More informationFIBER. June 20, 2012 KATHY KNEER, PRINCIPAL New York, NY
FIBER June 20, 2012 KATHY KNEER, PRINCIPAL New York, NY GAA Environmental Workshop Washington, D.C. June 19-21, 2012 OVERVIEW OF FIBER DEMAND GAA Environmental Workshop 2012 2 THE WORLD OF FIBER The global
More informationMarket Update PPT Stockholm
Market Update PPT Stockholm 2012-01-26 Market Update Macro Economy Fiber markets Tissue Packaging Graphic Paper Summary 1 Economic outlook Market Update Macro Economy Fiber markets Tissue Packaging Graphic
More informationNOPA Norske Skog 5 April 2017 Carsten Dybevig VP Communication
NOPA Norske Skog 5 April 2017 Carsten Dybevig VP Communication Norske Skog in brief Publication paper producer in Europe and Australasia Total production capacity 2.7 million tonnes 2016 revenue NOK 12
More informationNovak Djokovic Serbia Tennis #1 Cash award 2016: USD 11 MM Estimated revenue 2016: USD 58 MM
SUZANO DAY 2016 LEE Chong Wei Malaysia Badminton #1 Cash award 2016: USD 1 MM Estimated revenue 2016: USD 11 MM Novak Djokovic Serbia Tennis #1 Cash award 2016: USD 11 MM Estimated revenue 2016: USD 58
More informationPEFC Global Statistics: SFM & CoC Certification. November 2013
PEFC Global Statistics: SFM & CoC Certification 1 November 2013 Members; Endorsed Systems; Distribution of Certificates North America 151 million ha 60% TCA 503 CoC Europe 81 million ha 32% TCA 8,389 CoC
More informationNational Forest Stewardship Standards Process and Status.
National Forest Stewardship Standards Process and Status. National General Assembly. FSC Russia. 11/04/2016. Fon. Gordian Fanso (MSc./ING.) Policy Manager FSC National Forest Stewardship Standards FSC
More informationWhy Export? Mitigating Risk by Diversifying Your Market Portfolio
Why Export? Mitigating Risk by Diversifying Your Market Portfolio Dr. Ivan Eastin Director, CINTRAFOR College of Forest Resources, UW Presented at the: National Indian Forestry and Wildland Fire Management
More informationSolid platform for profitable growth in the bioeconomy. Annica Bresky EVP, Consumer Board division
Solid platform for profitable growth in the bioeconomy Annica Bresky EVP, Consumer Board division We are well positioned in the bioeconomy Sales by product Liquid Packaging Board Folding Boxboard Food
More informationCorporate Presentation May, 2017
Corporate Presentation May, 2017 2 Disclaimer The information contained in this presentation may include statements which constitute forward-looking statements, within the meaning of Section 27A of the
More informationRECOVERED PAPER DATA 2006
RECOVERED PAPER DATA 2006 RECOVERED PAPER DATA 2006 FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Rome, 2007 NOTE The figures reported in this survey are those supplied by countries. As is apparent
More informationGlobal Trends & Perspectives for Sugar
Global Trends & Perspectives for Sugar Plinio Nastari DATAGRO UNITED STATES DEPARTMENT OF AGRICULTURE WORLD AGRICULTURAL OUTLOOK FORUM February 19-20, 2015 Crystal Gateway Marriott Hotel, Arlington, Virginia
More informationFuture Suppliers of Softwood Lumber to the US Market. Supply and Demand Outlook A Multi-Client Study by
Future Suppliers of Softwood Lumber to the US Market Supply and Demand Outlook 2017-2030 A Multi-Client Study by ForestEdge LLC and Wood Resources Int. LLC March 2018 Future Suppliers of Softwood Lumber
More informationIdentifying the marginal supply of wood pulp
Identifying the marginal supply of wood pulp Report 2010-05-31 Jürgen Reinhard 1, Bo Weidema 2 & Jannick Schmidt 2 1 EMPA, Technology and Society Lab, Überlandstrasse 126, Dübendorf, Switzerland 2 2.-0
More information