Adisseo Présentation Corporate juin 2012 The partner in nutritional additives Présentation Corporate juin 2012 Our industry is at the heart of one of the biggest challenge of mankind Better feed, better food, better world Getting access to affordable meat is the one of the very first basic needs of the world’s population Meat per capita consumption Kg/year 77kg Présentation Corporate juin 2012 17kg $ 2 200 Source: Keyser, Meriks, Pavel, Van Wesenbeck (2005) – Diet shifts towards meat and the effect on cereal use Better feed, better food, better world $ 9 700 GNI per capita $/year Poultry is projected to be the fastest growing segment of the global meat production in the next 10 years (~3% p.a.) Developing countries • Poultry is the fastest and cheapest source of protein to produce Broiler Pig 40 100 FCR (1) 2 3 Dressing percentage (2) 75% 70% Time to slaughter (days) Présentation Corporate juin 2012 (1) (2) Kg feed / kg live animal Kg of carcass / kg live animal • Among the countries which the strongest projected population growth, a lot of important countries are Muslim countries: Indonesia, Bangladesh, Pakistan, Middle East, North Africa… Developed countries • Shift from beef and porc towards poultry for health reasons Better feed, better food, better world Nutritional Feed Additives stand for only 4% in quantity, more than 17% in value … and 100% efficacy Example of feed composition for broilers: 100% 100% 90% 4.25% 1.3% 1% 17,5% 24.5% 3.5% 80% Additives 8% 70% 4.25% 20% 60% Fishmeal Phosphate 50% Fishmeal Soy Soy 8% 65% 40% Présentation Corporate juin 2012 Phosphate Additives 30% Fat Fat Grain/maize Grain/maize 43% 20% 10% 0% Cost Costs Quantity Quantity Costs Quantity Better feed, better food, better world Source dated 2003 Adisseo mission: Présentation Corporate juin 2012 Offer the best products and services in nutritional feed additives while guaranteeing the safety for our customers, employees, production sites and the environment. A full range of additives Methionine is a basic structural component of proteins. must be added to animal feed because it is not synthesized in adequate quantities by the animal. is an essential amino acid for poultry, pigs and dairy cows. Vitamins Présentation Corporate October 2012 are complex organic compounds which are required at very low doses. are absolutely necessary to health. play a major role in animal growth, production and reproduction. Enzymes act as powerful biological catalysts. increase the feed digestibility. contribute to improving animal nutrition. 7 An international sales organization 2,500 customers in over 100 countries Europe - Middle East - Africa Antony North & Central America China Atlanta Shanghai Singapore Asia - Pacific Présentation Corporate October 2012 South America Sao Paulo Group Headquarter and EMEA Regional Head Office Regional Head Office 8 Adisseo the benchmark partner for the industry A worldwide company : 2011 Sales: 1.750 employees 7 production sites (France, Spain, China) 1,1 billion € A worldwide distribution network covering more than 100 countries from 5 regional head offices (1,5 billion $) Full range of nutritional solutions that meet our customers’ needs, with a personalized follow-up. PSR Rovabio Présentation Corporate October 2012 Worldwide expertise in technologies of production The “Animal Nutrition” division of China National BlueStar Group, the largest entity of the Chemchina Group Microvit Smartamine Metasmart 9 Rhodimet Présentation Corporate October 2012 Adisseo is a chemical company 10 With dedicated manufacturing facilities methionine manufacturing site vitamin manufacturing site Commentry (France) Burgos (Spain) Rhodimet® AT 88 HCN Ammonium Sulphate Rhodimet® NP 99 Microvit® A, E Smartamine® Metasmart® Cogeneration Sodium Sulphate Commentry Burgos Roches-Roussillon Nanging Présentation Corporate October 2012 Adistar project (China) Rhodimet® AT88 Amonium Sulphate Carbon Sulphide (CS2) Les Roches-Roussillon (France) Methylthiopropionic aldehyde (MMP) Methyl mercaptan (MSH) Rhodimet® NP 99 HCN Sodium Sulphate Sulphuric Acid Carbon Sulphide (CS2) 11 And facing increased competition 2012 VOLZHSKY VOlZHKY (25) EVONIK (310) EVONIK (102) ADISSEO(265) Présentation Corporate October 2012 NOVUS (228) - 12 - SUMI (136) CUC (10) And facing increased competition 2015 VOLZHSKY VOlZHKY (25) EVONIK (310) EVONIK (102) ADISSEO(265) NOVUS (228) SUMI (136) CUC (110) ADISSEO (140) SUMI (16) CJ (80 ) Présentation Corporate October 2012 EVONIK (150) - 13 - Driving Competitiveness with two drivers since 2008 Excellence in Operations (Burgos film) Présentation Corporate October 2012 Innovation 14 Innovation: a key success factor Rhodimet® Rovabio® Microvit® Présentation Corporate October 2012 MetaSmart® Smartamine® Exploratory Feasability Development 15 Industrialization Smartamine® and MetaSmart®: a one-of-a kind range of methionine for dairy cows Smartamine®: a form of DL-methionine which is rumenprotected in order to improve the milk protein content. MetaSmart®: a pelletable form of by-pass methionine for dairy cows, designed to increase milk yield, protein and fat Présentation Corporate October 2012 content. 16 Looking forward to Adisseo 2020 11 initiatives + 2 priorities : Safety and Economical Performance Présentation Corporate October 2012 Sustainable Development for the Group and for the European Industrial Plateform New Governance : responsibility and autonomy at every level 17 www.adisseo.com Présentation Corporate juin 2012