Juan Bueno presents on the growth opportunities for BA Biomaterials. Population and economic growth, especially in Asia, will drive increasing demand for tissue products. BA Biomaterials is well positioned to capitalize on this growth through its cost competitive pulp mills and the new Montes del Plata pulp mill. Financial discipline and a focus on innovation, customers, and sustainability will allow BA Biomaterials to win in the market and deliver attractive growth and returns.
Presented during the XIV Brazil-Japan Joint Economic Committee Meeting, that took place in the city of Salvador, in Brazil, during august 9th and 10th of 2011.
Presented during the XIV Brazil-Japan Joint Economic Committee Meeting, that took place in the city of Salvador, in Brazil, during august 9th and 10th of 2011.
Agcapita is Canada's only RRSP and TFSA eligible farmland fund and is part of a family of funds with almost $100 million in assets under management. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term. Agcapita created the Farmland Investment Partnership to allow investors to add professionally managed farmland to their portfolios. Agcapita publishes a monthly Agriculture Brief which deals with agriculture specific investment issues along with big picture macro-economic issues.
Objective Capital Global Mining Investment Conference
30 Sep 2009
Mining financing through the cycle in frontier countries
by Sacha BackesDepartment for Oil, Gas, Mining and Chemicals
International Finance CorporationWorld Bank Group
Presentation that I formed and delivered to the advisory council at Salisbury University, as Lead Analyst of the SU Student Investment fund ($300,000+ equity portfolio)
Handling the boom in international commerceX.commerce
The world’s two billion Internet consumers are accessing U.S. markets through the web more than ever. In fact, one in ten U.S. ecommerce transactions already comes from international consumers. How have retailers been responding to this lucrative change in the landscape? What APIs, development languages, and payment technologies work best when dealing with foreign terms, currencies, and shipping implications?
The gradual feedstock change, Novozymes Thomas Schafer June 7, 2010Thomas Schäfer
Presentation that I gave on the impact of the gradual feedstock change. I focused on the perspectives for industrial biotechnology in a world with volatile crude oil prices.
Agcapita is Canada's only RRSP and TFSA eligible farmland fund and is part of a family of funds with almost $100 million in assets under management. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term. Agcapita created the Farmland Investment Partnership to allow investors to add professionally managed farmland to their portfolios. Agcapita publishes a monthly Agriculture Brief which deals with agriculture specific investment issues along with big picture macro-economic issues.
Objective Capital Global Mining Investment Conference
30 Sep 2009
Mining financing through the cycle in frontier countries
by Sacha BackesDepartment for Oil, Gas, Mining and Chemicals
International Finance CorporationWorld Bank Group
Presentation that I formed and delivered to the advisory council at Salisbury University, as Lead Analyst of the SU Student Investment fund ($300,000+ equity portfolio)
Handling the boom in international commerceX.commerce
The world’s two billion Internet consumers are accessing U.S. markets through the web more than ever. In fact, one in ten U.S. ecommerce transactions already comes from international consumers. How have retailers been responding to this lucrative change in the landscape? What APIs, development languages, and payment technologies work best when dealing with foreign terms, currencies, and shipping implications?
The gradual feedstock change, Novozymes Thomas Schafer June 7, 2010Thomas Schäfer
Presentation that I gave on the impact of the gradual feedstock change. I focused on the perspectives for industrial biotechnology in a world with volatile crude oil prices.
Similar to Stora Enso CMD - Presentation by Juan Bueno, EVP, Biomaterials (20)
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
7. Global Market Pulp demand by end use: 46mt
Source: Hawkins Wright, 2010 figures
Juan Bueno March 22, 2012 7
8. What does that mean in terms of market pulp?
2
8 9
63
2
15
46
7 9
63
46
2010 Paper US- Paper Tissue Packaging Fluff Integrated 2025
WE-JP Growth Capacity
Countries
Juan Bueno March 22, 2012 8
9. Ok. Tissue is growing. But where?
Forecast tissue demand (M Tons)
Juan Bueno March 22, 2012 9
10. While online advertising in China is growing, there is still
room for growth in all types of media, including commercial
print
Advertising revenue is
~450€/capita in US
~75% of total population
A large growth potential remains for advertising spend,
including direct mail
Juan Bueno March 22, 2012 10
11. Paper consumption clearly declining in Western
Europe and North America, but what about China?
China household
broadband penetration
Some growth expected,
but China will leapfrog
to Digital Life.
Juan Bueno March 22, 2012 11
12. Strongest growth in demand of fibre-based
consumer board will be in Asia
CAGR CAGR
CAGR 1.4 % 4.6 %
0.2 % CAGR
6.9 %
Western Eastern
Europe Europe
North CAGR
America 3.3 %
CAGR
3.5 %
2010-2020 Middle East & Asia
Million tonnes Africa
South Fibre-based CAGR
consumer board
America consumption
China 9%
Source: China Ministry Of Industry
Pakistan 9% and Information Technology;
India 6% Chinese Telecom company
publications; PwC ; Bain analysis
Middle East 4%
Juan Bueno March 22, 2012 12
13. Go where the growth is
Juan Bueno March 22, 2012 13
15. BA Biomaterials
Skutskär
BA Biomaterials Capacities Ktons
Sunila 370 Enocell
Enocel 480 Oulu
Skutskär 540
Total Own Mills 1,390 Kaukopää
Nymölla
Veracel 550
Montes del Plata * 650
Total with JV's 2,590 Sunila
* start up in 2013
50% Stand alone mills
Veracel
Integrated mills with dried pulp
50% Montes
del Plata -
2013
Juan Bueno March 22, 2012 15
16. Total Chemical Pulp Balance at Stora Enso
220 3 430
4 385 100 Softwood
120
Hardwood
1 655 Fluff
Dissolving pulp
2 340
MdP = + 55%
Market Pulp
1 775
260 1 825
80
650 785
1 175
1 705 260
785 80
260 700
50 80
Dried and External Internal Market MdP Market Pulp
wet pulp Purchases Consumption pulp incl MdP
production
Juan Bueno March 22, 2012 16
17. BA Biomaterials compared with competition
EBIT % (quarterly Ebit)
60%
50%
40%
30%
20%
10%
0%
-10%
Q1/10 Q2/10 Q3/10 Q4/10 Q1/11 Q2/11 Q3/11 Q4/11
Stora Enso
Source: Quarterly financial reports
Juan Bueno March 22, 2012 17
18. BA Biomaterials capacity cost competitiveness
BSKP All Dried BHKP All Dried (incl. MdP)
EUR/tEUR/t Costs delivered to Frankfurt Costs delivered to Frankfurt
EUR/t
BA Biomaterials capacity - % in each quartile BA Biomaterials capacity - % in each quartile
2nd 3rd 1st 4th
quartile quartile quartile quartile
79% 21% 77% 23%
BSKP: Stable position since cost curve not likely to change significantly.
BHKP: Cost curve will flatten and we are driving ourselves into a strong position.
For the 4th quartile mills, we are looking into other products (I.e Dissolving, Fluff etc.)
Source: Poyry and Stora Enso Experts
Juan Bueno March 22, 2012 18
19. Montes del Plata Pulp Mill
1.3 M Tons of BHKP
1.4 B euro Investment
Juan Bueno March 22, 2012 19
20. Top 20 market pulp producers
Fibria
April
Arauco
Georgia Pacific
CMPC
Sodra
Stora Enso
Weyenhaeuser
Mdp
Suzano BSKP
Botnia/M-Real UKP
Paper Excellence
UPM-Kymmene MEC
Domtar BHKP
Ilim
Mercer
IP
Ence
West Fraser
Canfor
Cenibra
- 1 000 2 000 3 000 4 000 5 000 6 000
Source: Hawkins Wright
Juan Bueno March 22, 2012 20
24. Innovation
Explore new markets
MFC
RESEARCH
& Bio-Tech
DEVELOPMENT Carbon Fibre
25. Customer Focus
Promoters
Neutrals
Detractors
Stora Enso
Other key supplier
Juan Bueno March 22, 2012 25
26. Financial Discipline Our Cash Engines
Enocell Sunila Skutskär
Maximize results with cash engines (Nordic Pulp mills)
• Operational efficiency.
• Add value through by products (talloil, Lignoboost etc.)
• Improve energy efficiency.
• Lean and focused capital expenditure model.
• Optimal working capital management.
• Adjust product mix as there is fit (Dissolving Pulp, Fluff).
Juan Bueno March 22, 2012 26
27. Financial Discipline Our Growth Engines
Existing Plantations Value Adding
Montes del Plata
Projects Partnerships
Sustainable growth
• Environmental & Social responsibility
• Certified plantations
• Time to market
• Low production cost : only 1st quartile interests us
• Close to growing markets is key
• Value added partnerships
Juan Bueno March 22, 2012 27
28. Biomaterials offers an attractive growth platform
• Short term with a state of the art pulp mill in Uruguay
• Medium term with pulp from Tiger
• Long term via strong focus on innovation, new technologies
development and strategic partnerships. Option to do Veracel II
• Strong customer focus
• Strong financial discipline balancing cash engines that can
help fund profitable growth opportunities
• Clear respect for the highest sustainability standards
Juan Bueno March 22, 2012 28
31. It should be noted that certain statements herein which are not historical facts. including. without limitation
those regarding expectations for market growth and developments; expectations for growth and profitability;
and statements preceded by “believes”. “expects”. “anticipates”. “foresees”. or similar expressions. are forward-
looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995.
Since these statements are based on current plans. estimates and projections. they involve risks and
uncertainties which may cause actual results to materially differ from those expressed in such forward-looking
statements. Such factors include. but are not limited to: (1) operating factors such as continued success of
manufacturing activities and the achievement of efficiencies therein. continued success of product
development. acceptance of new products or services by the Group’s targeted customers. success of the
existing and future collaboration arrangements. changes in business strategy or development plans or targets.
changes in the degree of protection created by the Group’s patents and other intellectual property rights. the
availability of capital on acceptable terms; (2) industry conditions. such as strength of product demand. intensity
of competition. prevailing and future global market prices for the Group’s products and the pricing pressures
thereto. price fluctuations in raw materials. financial condition of the customers and the competitors of the
Group. the potential introduction of competing products and technologies by competitors; and (3) general
economic conditions. such as rates of economic growth in the Group’s principal geographic markets or
fluctuations in exchange and interest rates.
Juan Bueno March 22, 2012 31