lanxess zwijndrecht - media roundtable · pdf filesources: bmw, der reifen im ... braking...
TRANSCRIPT
1
LANXESS Zwijndrecht - Media roundtable
May 3rd, 2012
2
LANXESS – enabler of Green Mobility
LANXESS Butyl Business
LANXESS in Belgium
Agenda
Werner Breuers, Board of Management of LANXESS AG
Ron Commander – Head of the Business Unit Butyl Rubber
Eddy Walraven – Managing Director LANXESS Rubber - Zwijndrecht
3
LANXESS – enabler for Green MobilityDr. Werner Breuers, Board of Management of LANXESS AG
4
LANXESS – a global player in the specialty chemicals industry
Global success storyRoughly 16,500 employees in 30 countries48 production sites worldwide2011 sales of EUR 8.8 billion
Specialty chemical companySpun-off from Bayer in 2004Focus on: plastics, rubber, specialty chemicals, intermediates
Strategy of targeted innovationVital role in LANXESS’ growthFocus on process and product innovation
5
LANXESS Innovation Expenditures – Facts & Figures 2011
R&D Costs - Figures
R&D expenditures [€ m] /% of sales
97
116
101
1.5%
2.0%
1.6%
2008
2009
2010
1.6% 1442011
Employees - Figures
Innovation headcount / % of total headcount
3.1%
3.4%
519
489
453
3.5%
2008
2009
2010
7314.5%2011
Project - Figures
Innovation projects Trendline 2008 - 2011
110
160 170210
Product innovation Process innovation
6
LANXESS capitalizing on global megatrends
Urbanization
AgricultureMobility
Water
77
Innovation & Technology
Green Tires Lightweight Materials
Sustainable Leather
Bio-based Raw Materials
Biofuels & Renewable
Energy
Technical Products
LANXESSContribution
LANXESS – enabler of Green Mobility
8
Tire labeling aims to improve safety, ecological and economical efficiency of road trafficThe label informs consumers about key tire performance parameters- impact on fuel efficiency associated with
rolling resistance - impact on safety associated with wet grip - external noise levelTire labeling becomes mandatory from November 2012, meaning that all tires* produced as of July 2012 must have the label
Regulation 1222/2009/EG
Fuel
effi
cien
cy
Noise performance
Wet
grip
Indicating three key parameters of tires
EU tire labeling – enables consumers to make informed purchasing decisions
Source: Regulation (EC) No 1222/2009 of the European Parliament and of the Council of 25 November 2009 on the labeling of tires with respect to fuel efficiency and other essential parameters: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2009:342:0046:0058:EN:PDF
* passenger car, light truck and heavy duty vehicle tires
9
Key Facts20-30% of a vehicle’s fuel consumption is related to tires
24% of a vehicle’s CO2 emissions are related to tires
New EU regulations aim toImprove energy efficiency and safety standards of future tiresEnable consumers to make informed purchasing decisions
Modern tires improve energy efficiency in traffic
Sources: BMW, Der Reifen im Spannungsfeld zwischen hohen technischen Anforderungen und immer schärfer werdenden gesetzlichen Auflagen, 2008Michelin, CO2 Reduzierung – Ein Beitrag der Reifenindustrie, 2008
10
‘Green Tires’ are vital for sustainable future mobility(Calculation based on a car with a gasoline engine and an average fuel consumption of 10 L/100 km)
Reduced rolling resistance
Reduced fuel consumption
Improved environmental impact
Enviromental impact of ‘Green Tires’
Reduced CO2 emissions
Source: www.auto-motor-und-sport.de/eco/verbrauchsreduzierung-rollwiderstandsoptimierte-reifen-alles-ueber-den-reifen-rollwiderstand-1899808.html
- 30 %
- 0.5 l/100 km
- 1.2 kg/100 km
11
Safety impact of ‘Green Tires’
High performance tires improve safety significantlyBraking distance of “A Tire” is up to 21 metres shorter compared to a “F Tire”
Braking distance
12
While ‘Green Tires’ may cost a little more up front, they reduce fuel consumption by 5% to 7%Consumers will benefit in the long run from better fuel economy, translating into savings at the gas pumpExample: A person traveling 12,500 km per year could easily save up to 100 EUR of fuel each year. The additional investment of 20 to 50 EUR per tire is amortized within two years
‘Green Tires’ offer savings potential
‘Green Tires’ – a worthwhile investment
13
Demand for high-performance tires is growing
LANXESS offers the right products for ‘Green Tires’
Increasing tire demand
Increasing demand for tires
14
Tread
Under-tread
Side-wall
Carcass
Innerliner
LANXESS premium products for ‘Green Tires’ – Overview
Tirecomponents
LANXESS products
Synthetic rubber Additives
VSL CB CZ , NZ,DZ, MOZ
4020, 4010,NA, 4030, 3100, HS
10, 11,9203 900
Aflux®
Aktiplast®
Rhenodiv®
Rhenocure®
Rhenosin®
Rhenogran®
15
LANXESS – Butyl businessDr. Ron Commander, Head of business unit Butyl Rubber
16
LANXESS premium products for ‘Green Tires’ –Butyl and halobutyl rubber
Innerliners made of butyl rubber are highly impermeableto air help prevent under-inflation
Butyl rubber in tread compounds softer tires and better grip and comfort
Optimized rolling resistance increased fuel efficiency and reduction of CO2 emissions
Improved wet traction greater safety
Innerliner
Tread
Main brands
Characteristics
Benefits
17
LANXESS Butyl Rubber – A premium supplier of high-quality butyl and halobutyl rubbers
Applications butyl rubber
Products: Regular butylHalobutyl
Special characteristics: High impermeability to gases and liquidsMain brands:
Facts and figures
18
Though diversification has been a key strategic driver, tires remain the main applications
Global demand byapplicationLANXESS butyl global sales by application
20102007 2010
Tires Pharma
Gum Others
Source: LANXESS internal market intelligence
19
Every tire needs butyl rubber for air retention
In treads – Enhancing the dynamic properties
- Improved wet and dry traction performance adding to tires’ safety performance
- Similar rolling resistance and tread durability
Premium butyl rubber enables high-performance tires
Use in treads
Tread
Innerliner
Butyl rubber in tires
Halobutyl modified tread
Ø high-performance tire
Wet tractionRolling
resistance
ReinforcementDurability
Drytraction
Source: LANXESS Butyl R&D
20
Overall long-term (2011-2015) CAGR: 4-5%
‒ APAC: ~5% (Korea ~2%)
‒ EMEA: ~2%
‒ Americas: ~3% (LATAM ~6%)
Further acceleration in global butyl rubber demand growth, especially in emerging markets
Market development Global demand for butyl rubber
2000 2004 2008 2012e 2016e 2020e 2024e
Halobutyl
Regular butyl
Regular butyl0%
34%
100%World LANXESS
0%15%
100%
HalobutylHalobutyl
Regular butyl
Butyl share
Please note: Information and details are not to scale; Source: LANXESS internal market intelligence
21
Radialization as an indicator for rising use of tubeless tires made of halobutylKorea already a mature market with radialization>95%China’s radialization rate expected to grow by ~16%* (CAGR 1995-2013)India with highest growth potential due to only 10%-12% radialization rate for truck tires
Better road infrastructure and radialization stimulate global trend for radial truck and bus tires
Radialization rate for truck and bus tires 2009 [%]
0
100
CentralEurope
NorthAmerica
SouthAmerica
Asiaother
MiddleEast
ØWorld
68
EasternEurope
ChinaIndia
Regional focus LANXESS
Source: Michelin Factbook 2009, LANXESS market intelligence; * www.bekaert.com, LANXESS market intelligence
22
Investing to become the first supplier with a truly global manufacturing footprint for butyl rubber
Butyl world map 2011 Market landscape 2011
LANXESS sitesSarnia, CanadaZwijndrecht, BelgiumSingapore (2013)
EuropeLANXESSExxon
RussiaNizhnekamsk.Sibur
JapanJV Exxon & JSR
ChinaSinopecCenway
SingaporeLANXESS
AmericasLANXESSExxon
ExxonMobilLANXESSLANXESS announced capacitiesNkNk, Sibur, Japan Butyl Co., Sinopec, Cenway
Please note: Information and details are not to scale; Source: LANXESS internal market intelligence based on CMAI, SRI
Exxon
LANXESS
Nizhnekamskneftekhim
Sibur
Sinopec
Comparison by nameplate capacities
Cenway
23
Debottlenecking of Antwerp plant 2006
Two step debottle-necking of Sarnia site 2007/2008
Second debottle-necking of Antwerp production started 2010
New grass-roots Singapore facility on stream by 2013
By 2013 investment of over € 500 m adding approximately 190 ktbutyl capacity to the market
Commitment and investment to serve demand
Source: LANXESS internal figures
0
100
200
300
400
500
2005 2009 2013
+33%
+40%
+86%kt
24
Butyl rubber – Enabling future mobility
Markets grow –LANXESS prepared to serve
Technical leadership will be strengthened
Best-in-class technology with focus on innovative, resource efficient processes
THE reliable long-term supplier for sustainable growth globally
25
LANXESS in BelgiumEddy Walraven, Managing Director LANXESS Rubber, Zwijndrecht
26
LANXESS in Belgium – Four plants linked to Green Mobility
Contributing to Green Mobility- Butyl and rubber chemicals for tires and
car parts (e.g. wipers)- Caprolactam and glass fibers as
intermediates for high-tech plasticsLANXESS has two legal entities in BelgiumLANXESS nv
- Caprolactam production in Lillo- Glass fibers and rubber chemicals
production in KalloLANXESS Rubber nv
- Butyl rubber production in Zwijndrecht
LANXESS production sites
Antwerp
Harbor of Antwerp
27
Second most important production area for LANXESS worldwideInvestments in Belgian plants
Since 2004: nearly EUR 450 millionFour world scale plants on both river banks in the Antwerp docklands1,400 employees in three Business Units
Butyl RubberRubber ChemicalsSemi-Crystalline Products
LANXESS in Belgium - Ongoing investments
Antwerp – Excellent logistical region
28 28
1963 – start butyl rubber plant with capacity 30.000 ton / year
Ongoing investments plus 20 million €, capacity increase +10%
6th reactor
debottlenecking projects
Strategic partner development new rubber technologies
2011 – 70 extra jobs
2013 – 50 years celebration with capacity planned + 150.000 ton / year
LANXESS Rubber in Zwijndrecht
29 29
LANXESS Rubber is a flexible Butyl and Halobutyl rubber plant
With ± 450 employees we manufacture 6 types of synthetic rubber of high standing quality by copolymerization of isobutylene & isoprene and addition of bromine or chlorine
Activities LANXESS Rubber
30