Presentation on theme: "MAY/2002 PETROQUÍMICA UNIÃO S.A. FERNANDO RAUL MIELI Tel: 55.11.4478-1646 Fax: 55.11.4478-1500 http//"— Presentation transcript:
MAY/2002 PETROQUÍMICA UNIÃO S.A. FERNANDO RAUL MIELI Tel: 55.11.4478-1646 Fax: 55.11.4478-1500 E-mail: email@example.com http// www.pqu.com.br
MAY/2001 SELECTED LATIN AMERICAN ECONOMIES BY SIZE According to latest reports form the International Monetary Fund (IMF), Latin America’s GDP reached US$ 1,9 trillion in 2001. Sources: IMF, World Bank, Quimax Analysis
MAY/2001 PQU is one of three basic petrochemical producers in Brazil and is located... producers in Brazil and is located...
MAY/2002 BRAZIL 2003 2003 PQU PQU
MAY/2001 THE BRAZILIAN PETROCHEMICAL CAPACITY (KMT / year of ethylene)
MAY/2001 020406080100120140 CHINA EAST EUROPE BRAZIL MEXICO ARGENTINA WEST EUROPE CANADA SOUTH KOREA JAPAN TAIWAN EUA Plastics per Capita (kg/hab)
MAY/2001 THE BRAZILIAN NAPHTHA BRAZIL BRASKEN (COPENE) PQU COPESUL 59% 42% 5% 22% 95% 56% 19% 2% Local Supplying Domestic Supplying Foreign Supplying
MAY/2001 SÃO PAULO PETROCHEMICAL COMPLEX GRANDE ABC GRANDE ABC UNIPAR PEU PQU UNIPAR CHEVRON OXITENO OXICAP CABOT POLIBRASIL VITOPEL W.M. PHILIPS CIAS DE GÁS COPAS RECAP / PETROBRAS PISCINÃO
MAY/2002 SÃO PAULO COMPLEX PQU has a secure supply of 4,600,000 tons/year of naphtha, while consuming 1,800,000 tons/year. São Paulo Metropolitan Region Polibutenos Cabot Oxiteno Polibrasil Resinas Polietilenos União Unipar Div.Química Petroquímica União Petrobras Refineries Naphtha Pipelines Cubatão SEBAT RPBC REVAP REPLAN Mauá Santo André São Paulo Santos RECAP Capuava Ports Solvay Polietileno Solvay Indupa do Brasil CBE DOW (Union Carbide) Carbocloro Ethylene Pipelines 55 km São José dos Campos São Sebastião TEBAR Paulínia
MAY/2002 The investments were promoted by government in the 70’s; Three plants basic petrochemical producers were respectively: PQU, COPENE (Braskem), COPESUL; Second generation (composed by the those who transform the raw materials - e.g. polymers producers); Third generation (transformers-final products to the market). PQU was the first petrochemical raw materials cracker plant in Brazil. Now there are three major producers located in the South (the Southern Complex), the Southeast (the PQU Complex), and the Northeast (the Northeastern Complex). THE BRAZILIAN PETROCHEMICAL INDUSTRY
MAY/2002 PQU is located in the richest and most industrialized region in Brazil, accounting for 65% of the country’s GDP (Gross Domestic Product) of US$ 500 billion. MINAS GERAIS SÃO PAULO ESPÍRITO SANTO RIO DE JANEIRO VITÓRIA BELO HORIZONTE SÃO PAULO The Region accounts for the consumption of 75% of petrochemicals. PQU supplies around 30% of the region’s petrochemicals demand. The total market net sales = US$ 18,7 billion (source: ABIQUIM/2002). The region’s market net sales = US$ 14,7 billion.
MAY/2002 PQU Personnel/million ton of chemicals produced Source: Solomon Associates
MAY/2001 PQU Total Sales
MAY/2002 PQU Business Opportunities The production capacity Infra-structure New water supply system New water supply system Power Generation Power Generation Integration Upstream and Downstream
MAY/2001 PQU PROJECT PETROQUIMICA UNIAO IMPORTED NAPHTHA 208 KTA NATURAL GAS 56 KTA 240.000 m3/day NATURAL GAS 301 KTA 1.280.000 m 3 /day REVAP RECAP FCC OFF GAS 353 KTA ETHYLENE 200 KTA BYPRODUCTS 191 KTA Natural Gas consumption in Refineries: 357 KTA or 1.520.000 m 3 /day Natural Gas substitution at PQU: 61 KTA or 375.000 m 3 /day Natural Gas additional consumption (from BOLIVIA): 296 KTA or 1.145.000 m 3 /day.
MAY/2001 PETROBRAS/REVAPTOTAL Pre-treatment + Compression 1616 PETROQUIMICA UNIÃO Modifications in Olefins Unit 35 144 FCC Off Gas Treatment Unit 53 105 Km pipe from REVAP to PQU 20 Modifications in Aromatics Unit 10 Modifications in Utilities Unit 5 Contingencies: 10% + Working Capital 21 TOTAL INVESTMENT PREDICTED 160 Values in millions of dollars PROJECT INVESTMENT
MAY/2001 PQU BALANCE SHEETS AS OF DECEMBER 31, 1999, 2000, 2001,2002 and Sept/2003 In thousands of reais - R$
MAY/2001 BALANCE SHEETS AS OF DECEMBER 31, 1999, 2000, 2001,2002 and Sept/2003 In thousands of reais - R$ In thousands of reais - R$PQU
MAY/2001 PQU Financial
MAY/2001 PQU PROFITABILITY EVOLUTION
MAY/2001 PQU Index
MAY/2001 P&L STATEMENTS For the years ended DECEMBER 31, 1999, 2000, 2001, 2002 and Jan/Sept.2003 In thousands of reais - R$ PQU
MAY/2001 PQU Sales and Profits R$ million
MAY/2001 PQU EBITDA
MAY/2001 PQU EBITDA/Net Sales
MAY/2001 PQU ADDED VALUE
MAY/2002 PQU VALUE ADDED – APROPRIATION R$ million
MAY/2002 PQU considers environmental protection a priority F PQU is a sponsor of the Responsible Care Program. F The Company made substantial investments, around US$ 56 million, to keep its plant and operations in compliance with environmental laws and regulations. F The Company now is fully compliant with the State of São Paulo’s Environment Protection Authority.
MAY/2001 PQU PETROQUÍMICA UNIÃO S.A. Av. Presidente Costa e Silva, 1178 09270-901 Santo André - São Paulo - Brazil Tel: 55.11.4478-1515 Fax: 55.11.4478-1500 E-mail: firstname.lastname@example.org http// www.pqu.com.br