kohlenwasserstoffe mehr als brennstoffe · e-mobility and light weight vehicles will increase...

1 | OMV Refining & Marketing, Markus Maly, 14th Nov. 2013

OMV Refining & Marketing

Kohlenwasserstoffe – Mehr als Brennstoffe Wien, 14. November 2013


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All figures and information in this presentation are strictly confidential, they are by no means binding and thus indicative only.

© 2013 OMV Aktiengesellschaft, all rights reserved, no reproduction without our explicit consent.


4 Refineries in Austria, Germany, and Romania

with total capacity ~22 mn t/a

Germany: Burghausen (3.5 mn t ), Bayernoil (4.5 mn t, JV, on sale)

Austria: Schwechat (9.6 mn t)

Romania: Petrobrazi (4.2 mn t)

20% market share in the Danube region

High product quality and environmental standards

Strong retail brand and high-quality, innovative

non-oil business (VIVA)

Active in 13 countries with around 4,400 filling

stations in 2012 (incl. Petrol Ofisi)

Total ~ 3,300 employees

OMV Refining & Marketing as European Company is Supplying over 200 mn People with Energy

OMV filling station network


The OMV Refining & Petrochemicals Vision & Mission

Our Vision a

We are the most valued manufacturer of fuels and

petrochemicals and enable society’s mobility and economic

prosperity in our markets.

5 | OMV Refining & Marketing, Dr. Alois Virag, Sep. 20th, 2013

Europes ambigious targets potentially plot the future oil demand

Europes Oil Demand [Mtoe]

source: European Commission, EUROPIA 2011 based on IEA and CONCAWE data

2020

• 20 % CO2 reduction

• 20 % energy efficiency

• 20 % renewables

• 10 % renewables in transport

2030

• 40 % CO2 reduction

• 20 % CO2 reduction from transport

• ~ 40 % renewables

• Electrification of urban transport

2050

• 80-95 % CO2 reduction

• 60 % CO2 reduction in transport

estimation

power

fuel & losses non energy & other

industry

buildings

marine

aviation

road & rail

2050 scenarios

286 281239

63

155314

2030

605

2020

654

2009

681

2050 IEA

Blue Map

2050 NPS

extrapol.

EUROPIA

474


US Households energy use distribution in 2012

Heating, cooling, and warm water are the major energy consumers

source: US Energy Information Administration, 2013

> 50 %

24% 14%

100%

6% 14% Clothes Washers

Lighting

Freezers

Clothes Dryers

Cooking

Refrigeration

Water Heating

Space Heating

Space Cooling

Other Uses

Furnace Fans and Boiler Circulation Pumps

Computers and Related Equipment

Televisions and Related Equipment

Dishwashers


Households energy cost distribution

Share energy costs for all households in Germany

source: BMWi Energiedaten, 20013

61%

68%

67%

14%

10%

10%

67%

59%

9%

15%

24%

100%

2009

26% 2012

2000

2006

25%

2003

23%

23%

Heating & warm water Cooking Lighting & others


Heating insulations are key to increase energy efficiency – crude oil is the basis for that

With our petrochemical products benzene,

ethylene and C5 blowing agent we supply the

complete feedstock portfolio for insulation

materials of the latest generation

Comparison of insulated and non-insulated house

Expanded (EPS) and extruded polystyrene (XPS)


High efficiency boilers increase energy savings, delivered by high quality sulphur free heating oil Vitatherm

Potential cost reductions by condensing boilers

Energy savings due to new condensing boiler

Results of a survey with 1900 households

source: www.iwo.at source www.iwo.at

51%

more than 40 %

29%

between 20 and 39 %

up to 20 %

20%

0

500

1.000

1.500

2.000

2.500

3.000-40%

consumption [L]

old oil boiles low

temperature

technolgy

condensing

boilers


The decrease in fuel consumption by optimised engines and optimised fuels although vehicle mass is increasing

Average passenger CO2 emissions are decreasing Vehicle mass is increasing

source: Eckstein, L. et all, ATZ 112 (2010) 788 – 795 source: ICCT “European Vehicle Market Statistics Pocketbook 2013 “

120

130

140

150

160

170

180

190

200

2000 2002 2004 2006 2008 2010 2012

CO2 Emissions

[g/km]

-17%

Sweden

United Kingdom Italy

Germany

EU-27

Austria

400

600

800

1.000

1.200

1.400

1.600

1.985 2.000 2.005 1.995 2.010 1.975 1.980 1.990 1.970

Vehicle Mass

[kg]

year

VW Golf VW Polo VW Passat


Plastics per vehicle [kg]

plastic type

other

polyvinylbutyral

polycarbonates

PE

PVC

ABS

nylon

polyurethanes

polypropylene

As an example, car industry has a strong

interest in due to e-mobility and light

weighting/downsizing

Currently, plastics in vehicles are widely used.

Commodity, engineering, and performance

polymers are applied

E-mobility and light weight vehicles will increase

demand for polymer materials

Today, plastics contribute 10 to 20 % towards cars

weight. 50 % thereof is bases on ethylene,

propylene, and butadiene

Automotive industry demands heavily all kinds of plastics

Global demand growth of linear poly olefins

source: Economics & Statistics, American Chemistry Council, October 2009

source: IHS CMAI 2013

0

30

60

90

120

150

1960 1970 1980 1990 2000

pla

stic

s p

er v

ehic

le [

kg]

24.3%

9.9 %

7.2 % Butadiene

Propylene

Ethylene 5.3 %


Good CEE + Turkey market development for petrochemicals and oil products is underpinned by macro indicators

Average Number of Cars

per Household

Source: JBC Energy, April 2011

>70 mio consumer in total

Car penetration per 1000 people increasing from 102 in 2010

to 123 in 2014 vs. European average of 500

1 Total product demand excl. Biofuels 2 Assuming average household size of 3 people 3 Germany, Japan, UK, Spain, Italy, France, and United States

Mature markets Developing markets

Average car

penetration

of the mature

markets 3

1.48

Nu

mb

er

of ca

rs p

er

ho

use

ho

ld 2

[U

nits/H

H]

50,000 75,000 70,000 65,000 60,000 55,000 20,000 45,000 40,000 35,000 30,000 25,000

0.5

15,000 10,000 5,000 0

1.0

1.5

2.0

0.0

Median

household

income

USD

Turkey

Russia

Romania

Poland

Spain

Czech Republic

Hungary

Italy

United States France

Japan

Germany

India China Brazil

United Kingdom


high performance

engineering

standard

PE HDPE SAN

PMMA PS

PVC

PC

MPPO PA

PET

PBT

PP

hp

PI

LCP

LDPE

LLDPE

ABS

High purity propylene enables high performance polypropylene, further penetrating the engineered plastics sector

source: Borealis

amorphous semi-crystalline

performance

driven

cost

driven

high performance

engineering

commodity


Refinery Petro-

chemistry

Refining and petrochemicals deliver the building blocks for high performance, high quality polymers and other chemicals

http://en.wikipedia.org/wiki/File:Ethylene-CRC-MW-3D-balls.png

http://en.wikipedia.org/wiki/File:Propylene-3D-balls.png

http://en.wikipedia.org/wiki/File:Benzene-aromatic-3D-balls.png


Global linear polyolefin demand (PE and PP) is growing continuously

source: IHS CMAI 2013, pcutrures: Borealis

75

80

85

90

95

100

105

110

115

120

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


OMV focuses on high value products with growing demand

Market growth 1 2012-21 Products

Market growth 2 2012-21

Naphtha as feedstock for

petrochemical products

1 OMV market growth; diesel and gasoline excl. biofuels. 2 Ethylene and Propylene growth rates based on Regions Western Europe, Central Europe, CIS & Baltic.

Heating

oil -21%

Gasoline -20%

Diesel +7%

Jet +20%

Naphtha +19%

Butadiene +13%

Propylene +6%

Ethylene +5%

Source: JBC Energy (April 2013), IHS CMAI, OMV analysis.

18%

OMV Avg. EU-28

9%

6% 6%

33% 25%

15% 22%

14% 14%

Product Yield 2012

>

=

>

<

=


OMV’s petrochemical complex

Schwechat Burghausen

FCC plant Metathesis

Ethylene plant Ethylene plant

Butadiene plant (2015)

Butadiene plant (Revamp 2014)

Aromatics Extraction

Propylene/propane

crude C4

Butadiene

Propylene

Benzene rich gasoline cut

Ethylene

Propylene

Ethylene

Butadiene

Propylene

Benzene

Ethylene/Crude c4

crude C4

naphtha

petrol / LPG

naphtha


Total material usage (Crude Oil &

intermediates) in the refinery Burghausen

Since 2008: 4,4 Mn tons

Equalizes increase of more then 25%

New, revamped, and changed units

propylene splitter

cracker furnaces

ethylene unit

tankfarm

logistics & utilities

ethylene pipeline

HDS revamps

coker revamp

metathesis

Burghausen Refineries Total Monomer Concept incl. Europes 1st Metathesis

8

35

229

55

275

33

Yield increase [%]

pet coke

jet

diesel

benzene

propylene

ethylene


Ethane based crackers yield only minor fraction of high molecular/high value petrochemical feedstock

Naphtha Gas condensate Ethane

other

C2-C6

ethylene

C2-C6

other

ethylene

other

ethylene

C2-C6


Unlocking the butadiene potential in Schwechat and Burghausen

Butadiene extension will go on-stream in mid

2014 and mid 2015, respectively.

With these capacity additions, OMV will

contribute 6 % to the total European capacity.

OMVs butadiene production volume

2015

+202%

2014 2012

BGH greenfield SW extension SW current


Strong business integration and further increased asset utilization

Source: Annual reports, OMV analysis.

Competition 2012 1

OMV 2012

OMV 2015

Competition 2012 1

OMV 2012

OMV 2015

1 OMV’s European competitors: BP Europe, ENI Europe, Exxon Europe, Lotos, MOL, Neste, NIS, Phillips 66 Europe, PKN. Orlen, Repsol Europe, Rompetrol, Shell Europe, Total Europe, Tupras.

E&P Refining

Retail

Petrochemical

Refining

Petrochemicals sales vol.

% of refining capacity

Retail sales vol. % of

refining capacity

Own crude oil % of

refining capacity

Refining

Refinery

utilization rate

>25%

18%

12%

>47%

42%

24%

>13%

10%

6%

~90%

88%

79%

Competition 2012 1

OMV 2012

OMV 2015

Competition 2012 1

OMV 2012

OMV 2015


The OMV Refining & Petrochemicals Vision & Mission

Our Vision a

We are the most valued manufacturer of fuels and

petrochemicals and enable society’s mobility and economic

prosperity in our markets.

kohlenwasserstoffe mehr als brennstoffe · e-mobility and light weight vehicles will increase...

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