Presentation on theme: "OFFICIAL LAUNCH OF RIVERINA OILS AND BIO-ENERGY (ROBE)"— Presentation transcript:
1OFFICIAL LAUNCH OF RIVERINA OILS AND BIO-ENERGY (ROBE)
2AGENDA 6.00pm – 6.30pm: Registrations & Name Tags 6.30 pm: Welcome by Sheba Nandkeolyar AIBC NSW President6.35pm: Presentation by DD Saxena, Managing Director, ROBE6.55pm: Address by Arun Kumar Goel, Consul General of India7.05pm: Address by Chris Hanger, NSW Trade & Investment, Director Regional Programs & Services7.10pm: Vote of Thanks by Scott Olding KPMG, Partner R&D Incentives7.20pm – 8.30pm: Networking & Refreshments
3Sheba Nandkeolyar AIBC NSW President Welcome bySheba Nandkeolyar AIBC NSW President
7Riverina Oils & Bio Energy is the single largest Green Field Investment in the Agri/Food Processing Sector in the last five years in Australia.
8Resource – Agri/Food Processing Opportunities Renewal and not finite resourceLong term sustainable growth / market demand increaseGeographical competitive edge / cannot be outsourcedDiversity / flexibility of product market mixDependent on land, sun, water, people and technology
9The food processing industry is the largest manufacturing employer in Australia with more than 312,000 jobs. While progressive firms want to take part in the global food boom, the reality is that their businesses are struggling within a nexus of a high dollar and insufficient government attention to this sector.Steve HowardSecretary GeneralThe Global Foundation
11Why Australia? Sustainable agricultural benefit Cost competitiveness of raw materialScalabilityHigh Quality/EfficiencyGrowing market requirements for refined oils and protein meal
12Why Wagga Wagga? Agricultural hub of Riverina Diversity of oilseed productionLogistics and storage facilitiesSkill and talent locally availableRaw material and market accessSupportive governmental agenciesAvailability of good quality infrastructure
14Business RationaleAustralia exports oilseed but imports both edible oil and protein mealThe crush margins in Australia are highest in the worldGrowing demand for healthier vegetable oils and supplementary animal feed in domestic marketSustainable and consistent raw material supply of various oilseeds from a number of regionsROBE project will be the only solvent extracted fully integrated crushing & refining plant located in the growing region and not at portsGlobally competitive pricing for oilseed exports, yet very high domestic prices for finished productsSignificant demand growth in Asia, particularly China and India
15Processing Plant – Salient Features Latest technology from Desmet Ballestra/Best Plant in Australia (Yields, Lower Conversion Cost, Quality)Multiple oilseed (safflower, canola, soybean, (sunflower))Quality – One of the BestMaximum re-use of water (WWTP + RO)Latest Environmental Plant in the world
17ROBE Project Impact – Current & Future Direct and Indirect Labour80 direct jobs, 200 construction jobs, over 500 indirect jobsBenefits to Agricultural sectorSustainable long-term partnerships with farming communityIncremental expansion of 75,000 hectares of oilseeds production in NSWRevenues to Government and Utility ProvidersEstimated over a 10 year period : $50 million in UtilitiesEstimated corporate tax over 10 years: $30 millionImport Substitution$250 million in 10 yearsExport impactOver $100 million in exports to Asia and $150 million import substitute of protein meal for animal feeds in 5 years.Multiplier BenefitsProject has significant multiplier benefits to regional Australia and Food/Agri business
19Riverina Oils & Bio Energy is the first collaborative Indo-Chinese investment in Australia. First Green Field Investment Funded by Indian Bank(State Bank of India and AXIS Bank) in Food Agri Sector.The Australian agricultural sector is in need of capital and working collaboratively with foreign investors will become increasingly important.
20Value Addition is critical to the future of the Agri/Food Processing Sector in Australia and central to the ROBE business proposition.
22ROBE’s Key Strategic Partners ShareholdersSP Chemicals , ChinaAsia wide Holdings, SingaporeLotus Ventures, New YorkBhoruka Industries, IndiaBanksState Bank of IndiaAxis BankTechnology PartnersDesmet BallestraArian EngineeringSupply and off-take customersWilmar GavillonMarico IndiaROBE’s investors/partners include blue-chip companies and banks who will influence future investments in Australia.
23at the Global Foundation Summit From the Prime Minister“Just as we have become a minerals and energy giant, Australia can be a great provider of reliable, high quality food to meet Asia’s growing needs. In doing this, we are not just an exporter of commodities, but a partner in growing international markets and a provider of higher value products and services for the global food industry.”Julia Gillardat the Global Foundation SummitMelbourne 3rd May 2012
24Leader of the Federal Opposition “India will grow Rich before it goes Grey…..India has always been and will continueto be a priority for me and my party!”Hon Tony Abbott2012 Annual Dinner AddressAustralia India Business Council, NSW
26ConclusionROBE has potential of becoming a market leader in Australia. It has a platform and foundation to impact and participate in the Oilseed/Oil/Veg protein Industry which will benefit Farmers, Infrastructure and value added exports.We would like to take this opportunity to express our thanks to all those of you who have been a part of this journey and supported ROBE throughout.
27Arun Kumar Goel Consul General of India, Sydney Address byArun Kumar Goel Consul General of India, Sydney
28NSW Trade & Investment, Director Regional Programs & Services Address byChris HangerNSW Trade & Investment, Director Regional Programs & Services