Petrochemical Downstream in Saudi Arabia

Transcription

1 Petrochemical Downstream in Saudi Arabia = Japanese-Saudi Business Opportunities Forum = Feb 2, 2012 Yuji Kobayashi Director Primary Executive Officer Asahi Kasei Chemicals Corp.

2 Organization of Asahi Kasei Group Holding Company Core Operating Companies ASAHI KASEI CORPORATION Asahi Kasei Fibers Asahi Kasei Chemicals Asahi Kasei Construction Materials Forecasts for Fiscal 2011 [Net Sales ] 1,684billion ($21billion) [Operating Income] 124billion ($1.6billion) Employees : 25,016 *consolidated bases (as of Nov. 2, 2011) Asahi Kasei Homes Asahi Kasei Microdevices Asahi Kasei E-materials Asahi Kasei Pharma Asahi Kasei Medical (As of Feb ) 2

3 Organization of Asahi Kasei Chemicals Asahi Kasei Chemicals (AKC) President, Representative Director Mr. Masaki Sakamoto Forecasts for Fiscal 2011 Net Sales : 767billion ($9.6billion) Operating Income : 58billion ($0.7billion) *consolidated bases (as of Nov. 2, 2011) Petrochemicals / Monomers Director, Primary Executive Officer Mr. Yuji Kobayashi AN, MMA, PMMA, SM, Nylon 66, polyethylene, Synthetic Rubber, Caustic soda, Naphtha cracker, Olefin and Aromatics, etc. Polymers Director, Executive Officer Mr. Yukihiro Mori Polyamide 66, Modified Polyphenylene ether, Polyacetal, Plastic Packaging Products, Saran Wrap, etc. High Performance Chemicals Director, Senior Executive Officer Mr. Yoshio Negishi Microcrystalline cellulose, Coating materials, Water Processing membranes and systems, HMDI, SB Latex, Explosives, etc. (As of Feb ) 3

4 AKC s Business Activities in Saudi Arabia Polycarbonate License to Saudi Kayan Start up Q4 of 2011 Acrylonitrile & Sodium Cyanide Joint Venture with SABIC Under Joint Feasibility Study Contribute to development of KSA s downstream industry. 4

5 PC License Business 1) PC License Strategy & Business style License Strategy Diffusion of AKC s environmentally friendly polycarbonate production technology in the world. Business Style License of Non Phosgene Melt Process Polycarbonate production technology. 2) PC License in Saudi Arabia 1. Licensee Saudi Kayan Petrochemical Company 2. Location Al-Jubail Industrial City 3. Capacity 260KTa (One of the world s biggest capacity) 4. Start Up Q4 of

6 AKC s PC Process & Advantage EO: Ethylene Oxide EC: Ethylene Carbonate DMC: Di-Methyl Carbonate DPC: Di-Phenyl Carbonate PC: Polycarbonate EG: (mono) Ethylene Glycol MeOH: Methanol PhOH: Phenol vs Phosgene process (interfacial reaction) Contribution to Environment (1) Utilization of waste CO 2 : Insertion of CO 2 into PC main-chain (2) Safety: No use of highly toxic Phosgene and Methylene Chloride (3) Less Waste: High yield reaction, No need of washing PC with water 6

7 Various Applications of PC Optical Media Sheet Water Bottle CD, DVD, Blu-ray disc Twin-Wall Panel Carport Window of Shinkansen Automobile Electrical Appliances Safety Others Head lamp cover Notebook PC Camera Helmets Meter Panel Used for many applications in our daily life 7

8 AN & NaCN PJ in Saudi Arabia AKC AN License AN Catalyst supply TSPC NaCN License SABIC Py, Utility Supply 100% ownership Other raw material supply Saudi Japanese Acrylonitrile Company ( SHROUQ ) AKC & Mitsubishi Corp.:50% SABIC:50% AN 200kt/y NaCN 40kt/y SABIC Affiliates in KSA PAN CF ABS (PETROKEMYA) Export in KSA Gold Mining <Schedule> Y 2012: Establishment of Joint Venture, Feasibility Study Y 2013: Ground breaking Y 2015: Commercial operation 8

9 The Features of AN business & World AN Demand Transition The Feature of AN business ; 1) AN Process Licensors exclusively limited 2) AN Catalyst Suppliers exclusively limited Global No.1 & No.2 producers dominate World AN Demand Transition; AN process license and AN catalyst supply. New Comers quite difficult to join in AN business (Unit : kt) 7,000 6,000 5,000 4,000 4,903 5,169 5,145 5,194 5,236 4,461 4,675 5,157 5,264 5, % + 5.4% - 0.5% + 1.0% + 0.8% % + 4.8% % + 2.1% + 3.0% 982 Others (AAM, Adipo, NBR, Latex, CF, etc.) ABS AF +1.7% p.a. 1,052 1,119 1,148 1,225 1, % p.a. 1,126 1,470 1, % p.a. 1,900 3,000 1,472 1,552 1,596 1,690 1,800 1,525 1,647 1,820 1,817 2,160 2,000 1,000 2,449 2,565 2,430 2,356 2,211 1,775 1,902 1,867 1,854 1,

10 AKC s AN Strategy Basic Strategy ; Business expansion in growing market (Asia & Middle East) as the No.1 supplier Business advantage ; Technological Strength status -High performance & Environmentally-friendly propylene route catalyst world s highest yield catalyst less exhaust gas & less waste water -Exclusive propane route catalyst Cost - Competitiveness -Start-up of PTTAC (JV with PTTA) new plant in Thailand in 2011 competitive price of propane -Under construction of TSPC new line in Korea (commercial operation in 2013) lower investment cost become No.1 capacity in the world at single site -Study new plant in KSA (commercial operation in 2015) lowest cost propylene & ammonia Supply Capacity Group Capacity ; Share of world capacity (Unit : kt) 750 -Now, No.1 in Asia and No.2 in the world -Become No.1 in the world by the end of % % 1, % 1,410 Global No % SHROUQ (KSA) PTTAC (Thailand) TSPC (Korea) ASAHI (Japan) 10

11 World NaCN Demand World NaCN Demand Transition; Group (unit : kt/y) Capacity; % +4.2% +7.0% +6.1% p.a (unit ; kt) M.East & Africa Asia W&E.Europe Australia & Oceania M&S.America Share of world capacity 7.6% 7.8% 9.9% 13.7% Global No.1 Gold extraction, 81% Demand by application SHROUQ TSPC ASAHI Electroplati ng, 9% Chemical etc., 10% Estimated by TSPC 11

12 Contribution & Expectation to Saudi Arabia in AN & NaCN PJ Saudi Arabia <Contribution> Fulfill Local Demand and Sustain the Development of Related Industries in KSA <Expectation> Cost Competitive Law Materials Production Base for the Global Market AN NaCN Fulfill the growing demand (ABS & CF) in KSA Production Base for Middle East & Europe & Asia Market Fulfill the demand of Gold Mining in KSA Production Base for Middle East & African Gold Mining Market 12

13 Thank you very much! 13