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Biofuel Energy was a listed company at Oslo OTC (over the counter) market. The information presented here is of public knowledge.
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Silvio is a highly skilled professional. A top executive with a sound track record of accomplishments in special situations: growth-strategy implementation, M&A, start-ups, turnarounds and crisis management. He worked in first class companies as a top executive (CEO and CFO) having being exposed to industries as Oil, Cement, Automotive, Food, Agro-energy business and Transport services. Main accomplishments: Behr turnaround and sales growth; Biofuel Energy start-up; Brasil Ferrovias auction; Holcim/Cement Paraiso M&A; Melitta local turnaround. Silvio is a Mechanical Engineer; MBA specialized on Finance; PED at IMD in Lausanne. Also a former member of Sindipeças and GM supplier council, he is a citizen honored due to local social actions. He is fluent in several western languages.
Luis has developed his career in companies as Banco Itau, Holcim, Monsanto, Integration Consulting, and Biofuel Energy. He has a diversified experience in the areas of Finance, Business Development, Procurement, and Management Consulting. Luis is an Electronic Engineer from the University of São Paulo, with an MBA from the University of Pittsburgh, a graduation in Business Administration at FGV (Fundação Getúlio Vargas), and extensions in Business Diagnosis & Restructuring; International Businesses and Foreign Trade; and Corporate Law. Fluent in Portuguese, English, and Spanish, with a working knowledge of German.
Paulino is a Mechanical Engineer graduated at the University of São Paulo with an International Executive MBA and specialization in Supply Chain at the Insead. Management positions in companies like Dowell Schlumberger, Procter & Gamble, Diageo, Votorantim and others. Had a key role in some re-structuring and start-ups, specially in Procurement and Supply Chain roles. International experience, leading and taking part in global projects in several industry sectors: consumer goods, mining and metallurgy, energy, paper and services. Recently has held a statutory director position at Biofuel Energy.
Silvério has over 23 years of experience in managing and marketing a diversity of projects, both large-scale and high-complexity, in the engineering, Civil Construction, Mining, Chemical, Power, and Telecommunication sectors working for market leading companies – Bunge, Promon, Turner. Significant results as to profitability, productivity, and quality in the developed projects. He is graduated in Civil Engineering at Escola Politecnica da Universidade de Sao Paulo. Holds a Master Ceritificate in Project Management at The George Washington University and also a International Executive MBA Universidade de Sao Paulo. His last position was Industrial and Enginnering Officer at Umoe Bioenergy, as welL as Substitute CEO.
Biofuel Energy is an integrated bioethanol company
Sustainable value chain – no conflicts, land control, 95% mechanized agri-operations
Competitive business model – low cost, energy and land efficient sugar cane ethanol
Unique production environment in Paranapanema on State of Sao Paulo, Brazil – well established industry
Production start-up fall 2008/9 and expansion in 2011/12– reaching 3,6M tons/annum
SALES LAND AGRICULTURAL OPERATIONS INDUSTRIAL OPERATIONS Bioethanol + power
History Construction of Destilaria Paranapanema 1980 1984 1990 2000 2003 2007 1st. harvest – production capacity of 15 000 liters of ethanol Deactivated Acquired by sector company Acquired by the Albertina Group Company acquired by Biofuel Energy
History 2003 PROJECT INITIATION Acquisition of a 0.3Mtons per annum crushing capacity distillery by Brazilian ethanol investor (Valencia) 2006 STRATEGIC GROWTH ALLIANCE Brazilian ethanol investor and Norwegian energy investors LAND POSITIONS SECURED Long term lease contracts in the Paranapanema region 2007 EPC TURNKEY CONTRACT NEW MILL Signed with consortium of leading Brazilian suppliers EXPANSION CAPITAL RAISED USD 85 million bonds / USD 55 million equity, in June OTC LISTED In July on the NOTC list in Oslo, Norway CONSTRUCTION STARTED ON MILLS Works 1 restructuring and Works 2 green field project started FURTHER LAND POSITION SECURED Land secured with ownership and long-term lease contracts 2008 UMOE MAJOR SHAREHOLDER USD 27 million equity private placement in January FURTHER LAND POSITIONS SECURED Land secured and agricultural mechanical equipment delivered EXECUTIVE MANAGEMENT IN PLACE Strengthened project management and control capabilities CONSTRUCTION IN PROGRESS Phase 1: Works 1 (1.0Mtons) and Works 2 (1.9Mtons) FURTHER CAPITAL RAISED USD 67 million in equity in May PRODUCTION START-UP Works 1 in September 2008 and Works 2 in November 2008
Company structure Biofuel Energy ASA (Norwegian) 100% Destilaria Paranapanema S.A. (Brazilian) Owning Brazilian assets Christiania Bioenergia Participações S.A. (Brazilian) 100% ETHANOL POWER LAND AGRICULTURAL INDUSTRIAL CLT
Shareholders PER 2009-01-29 NUMBER OF SHARES % UMOE INVEST AS 65.991.895 66,56% UMOE INDUSTRI AS 18.838.000 19,00% VALENCIA S.A.R.L 6.242.285 6,30% CAMILLO ENERGY AS 1.275.000 1,29% RBC DEXIA INVESTOR SERVICES BANK 1.000.000 1,01% SAF INVEST AS 800.000 0,81% MATHIAS HOLDING AS 656.246 0,66% VERDIPAPIRFONDET DANSKE INVE NOR 568.154 0,57% AMROTH AS 550.000 0,55% PECUNIA FORVALTNING AS 355.096 0,36% CAIANO AS 250.000 0,25% WARRENWICKLUND NORGE 200.024 0,20% JACO INVEST AS 165.000 0,17% SJØINVEST AS 165.000 0,17% NB AKSJEFOND 128.099 0,13% FARINVEST AS 127.835 0,13% MORGAN STANLEY & CO. INC. 125.562 0,13% JPMORGAN CHASE BANK 120.360 0,12% AUDLEY A/S 100.000 0,10% CLIPPER A/S 100.000 0,10% TOPP 20 97.758.556 98,60% REST 1.390.781 1,40% TOTAL OUTSTANDING SHARES 99.149.337 SHAREHOLDERS 86