Titanium s Wuthering Heights

Transcription

1 Titanium s Wuthering Heights Group Stainless 1

2 Titanium s Wuthering Heights Topics of Presentation Aerospace Market Europe Industrial Market Europe Stainless 2

3 Comparison of Turnovers in European Civil and Military Aerospace in 2004 Civil Domestic 22,0 % Military Export 9,9 % Military Domestic 25,2 % Civil Export 42,9 % Source: ASD 76,1 billion in 2004 (72,5 billion in 2003) Stainless 3

4 European Civil Aerospace 149 of the big double-deck Airbus A380 ordered 125 orders for the new A350 Airbus Situation I 9% 6% A350 structure composition by material * *including Landing Gear Source: Luft- und Raumfahrt 10/2005 Stainless 4 11% 14% 23% 37% Composite Aluminium-Lithium Steel Aluminium Titanium Other materials

5 European Civil Aerospace Airbus Situation II Airbus Order Portfolio No. of aircrafts A318/A319/A320/A321: 1110 A300/A310: 52 A330/A340: 264 A 380: 149 Order backlog aircrafts: 1575 ~ 5 years Source: Airbus Stainless 5

6 European Military Aerospace The European fighter programs: 638 Eurofighters (50 produced) Titanium content: 7 tons/plane 294 Rafale (15 produced) 232 Gripen The JSF35 will bring activity to the European partners UK, Italy, Holland. Transport: 188 of the new Airbus A400M have been ordered and production just starts. Stainless 6

7 European Helicopter Market Civil - Eurocopter with 332 helicopters ordered and 279 delivered in 2004 is the world leader with more than 50 % market share. - Augusta-Westland with 10 % market share has a good cooperation with Lockheed Martin for the US 101 Military - USA with Sikorsky, Bell and Boeing controls the market. Europe with the NH 90 and Eurocopter Tiger have ¼ of the world market. The use of titanium in helicopters is limited to rotative parts, fire protection, transmission. European market is ca. 300 tons. Stainless 7

8 Civil Aerospace Engines in tons of titanium in 10 years - POWER: 2,5-10 TONS ( lbs) TONS ( lbs) TONS ( lbs) +31 TONS ( lbs) Source: Rolls Royce / own research PLANES: NG A318 A319-A320-A340 A X-767X ERJ TU204-IL 96 M A340/600 A380-A330 ENGINES: Pratt Wittney PW6000 PW2000 PW4000 PW4000 Rolls Royce BR715 RB211 RB211-Trent Trent General Electric CF34 CF6-0 GENX CF6-80 GE90 Honeywell LF507-AS977 CFM (Snecma + GE) CFM 56 CFM56 Alliance (GE + Pratt) GP7000 IAE (RR + PW + MTU + JA) V2500 TITANIUM: Buy Weight/engine CFM56: 2,9 t PW2000: 2,8 t PW4000: 4,9 t RB 211: 4,0 t Fly weight= BR715=0,6 t CFM56 C = 1 t CF 6-80 = 1,5 t % engine weight CFM56 B = 0,6 t V2500 = 0,8 t Trent 500 = 1,2 t Trent 700 = 1,6 t DELIVERIES: engines Rolls Royce claims 40 % market share in 2004 against 34 % for G.E., 16 % for SNECMA and 10 % for Pratt (excl. business jets) Stainless 8

9 European Industrial Titanium Market (in metric tons) Sector/Year Chemical Power Oil&gas/off-shore Plate heat exchanger Desalination Medical Chloro-soda/anodes Architecture Automotive Distribution/others Total Total World Market Stainless 9

10 Main Projects Involving (CP) Titanium with participation of European fabricators (next 2-3 years) Sector Selected project names Countries Metric tons ~ Products involved Nickel Mining Goro New Caledonia 500 Tubes, plates, cladded products Murrin Murrin - Ravensthorpe Australia Rio Tubo Philippines LNG LNG No. 3 Yemen 400 Tubes for heat exchangers (Liquid Natural Gas) Ruis Oman Brindisi Italy Desalination Marafiq - Ras Abu Fontas - Jebel Ali L2 Middle East 600 Tubes small thickness Subyia - Al Tawellah B Ext. Gulf Area Power Napoli Levante - Mohammedia plant - Europe 700 Tubes for condensers Fos sur Mer - Barcelona - China La plana del Ven - Castellon B - Middle East Vado Ligure Far East TOTAL 2200 Stainless 10

11 Development European CP Market - Desalination Europe leading market for plant distribution Freshwater consumption and its trend worldwide Stainless 11

12 Daily Water Consumption in Litres per Head Location Consumption litres/day/person Tendency Saudi Arabia: South California: China: 257 Australia: 256 Italy: 213 Spain: 245 Germany: 128 (partially 55) Stainless 12

13 Seawater Desalination Capacities Built in Europe Thermal process Membrane process Capacity Ml/d Italy UK France Germany Spain France Stainless 13

14 Summary In 2006 the European aerospace situation will remain at high level. The European industrial market is still characterised by numerous big projects, this giving good prospects also in the next 2-3 years Price increases are driven by actual raw material shortage as well as sustainable strong demand of consumers. Stainless 14

15 Thank you for your attention Stainless 15