BRASIL ECODIESEL S.A.
NBome
BRASIL ECODIESEL S.A.Investor Relations
& Business Development
BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Results – 2009 and 4Q09
Perspectives
Strategy
BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Results – 2009 and 4Q09
Perspectives
Strategy
BRASIL ECODIESEL S.A. | Brazilian Diesel Market - What is Biodiesel?
Technology Raw Material
Key Factor of Success:technology or raw material? “Our goal is to achieve the highest standard
quality in large scale production using
different vegetable oils!”
BRASIL ECODIESEL S.A. | Brazilian Diesel Market
Brazilian Diesel Market (‘000,000 m³)
Source: National Agency for Petroleum, Natural Gas and Biofuels – ANP.(*) 2009 Forecast
Diesel is the main Brazilian fuel, 42% of all oil derived
fuels and more than 50% of transportation fuels.
Domestic market extremely significant, favoring the development and consolidation
of the sector.
BRASIL ECODIESEL S.A.
2005 – 2007
Blend: up to 2%
1st Sem/08
Blend: min. 2%
Jul/08 – Jun/09
Blend: min. 3%
Jul/09 – Dec/09
Blend: min. 4%
2010 on
Blend: min. 5%
Biodiesel Law: Mandatory use to increase production
Source: ANP.(1) Forecast considers B5 in 2010.
Current blend percentages are only the
initial stimulus.
Higher blends are already feasible in
engines.
Production growth shows the
success of the program
| Brazilian Diesel Market – National Biodiesel Program
BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Results – 2009 and 4Q09
Perspectives
Strategy
BRASIL ECODIESEL S.A.
Brasil Ecodiesel contracted volume:
69,000 m3 (total offered was 565,000 m3 ) with an
average price of R$ 2,262.97
17th Auction Result
Installed Capacity
| The Company – ANP Auctions
BRASIL ECODIESEL S.A.
Brasil Ecodiesel on the map
| The Company- Brasil Ecodiesel on the map
Biodiesel Plants
Farms
BRASIL ECODIESEL S.A. | The Company – Board of Administration and Officers
All common shares with equal voting rights
Tag-Along of 100%
None of the board members are executives
Active Fiscal Council
Board Members
Name / Position Age
Carlos Antonio Rocca
President and Independent Board Member69
Wagner Pinheiro de Oliveira
Vice-President and Independent Board Member47
Mauro Fernando Maria Arruda
Board Member 63
Silvio Tini de Araújo
Board Member63
Jose Ferraz Ferreira Filho
Board Member63
Marco Antonio Moura de Castro
Board Member56
Mauro A. Cerchiari
Chief Executive Officer (CEO)56
Charles Mann de Toledo
Investors Relations and Business Development Officer51
Expedito Parente Junior
Industrial Officer29
Main Executives
Name / Position Age
Eduardo de Come
Chief Financial Officer (CFO)44
Guilherme Augusto Raposo
Production Officer43
Corporate Governance
BRASIL ECODIESEL S.A. | The Company - Reestruturing
Recent Past -Reestructuring
BRASIL ECODIESEL S.A. | The Company – Fulfillment of Contracts Evolution
Fulfillment of Contracts with Petrobras
BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Results – 2009 and 4Q09
Perspectives
Strategy
BRASIL ECODIESEL S.A. | The Company – Strategic Direction for the next 5 years
EQUITIES
Search for alternative raw materials
Viability studies of Jatropha Curcasplantations in BA, MS and other locations.
Search partners for the development of R&D in the agricultural area
Search for raw material supply partnerships for the short and medium terms.
Corporate Restructuring – Headquarters and organizational
Redefinition of the Corporate Image
Creation of the Company’s industrial R&D
Monitoring M&A opportunities in the market
Reallocation of Floriano and Crateús idle assets and the crushing units equipments from Porto Nacional
Activate Iraquara and São Luiz Gonzaga’s crushing units.
Project to improve industrial efficiency
Social Fuel Stamp (Selo Combustível Social) -work with more advanced forms of Family Farming organizations
Search for long term financing
Selling our farms in Piauí, Ceará and Minas Geraisstates
Selling of Crateús crushing unit
SERVICESFIXED INCOME
Strategic Direction
STRATEGICLong Term
OPERATIONALShort Term
DIVESTMENTIdle Assets
“Higher demand for biodiesel , more control of vegetable oil supply, and less interference of the
government.”
Biodiesel Scenario:
BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Results – 2009 and 4Q09
Perspectives
Strategy
BRASIL ECODIESEL S.A. | Results – 2009 Highlights
The volume of biodiesel sold was 3 times higher in the 2nd half than in the 1st half of
2009.
104% of biodiesel volume contracted with Petrobras delivered in 4Q09.
Net Revenue of R$ 128.1 million and Adjusted EBITDA (*) of R$ 16 million in 4Q09.
Adjusted EBITDA Margin (*) of 12.5% in 4Q09.
Beginning of strategic positioning: deactivation of plants in Floriano and Crateús.
Reduction of 73% in Financial Expenses in 2009 compared with 2008.
BRASIL ECODIESEL S.A.
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note 24 of Financial Statements)
| Results– 4Q09 Results
BRASIL ECODIESEL S.A. | Results – 4Q09 Results
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note 24 of Financial Statements)
BRASIL ECODIESEL S.A. | Results – Revenue, Costs and Expenses
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note 24 of Financial Statements)
BRASIL ECODIESEL S.A. | Results – Non Recurring Operating Expenses
Non Recurring Operating Expenses
BRASIL ECODIESEL S.A. | Results – Debt position
BRASIL ECODIESEL S.A. | Results – Net Profit
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note 24 of Financial Statements)
BRASIL ECODIESEL S.A. | Results – EBITDA
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note 24 of Financial Statements)
BRASIL ECODIESEL S.A. | Results – Prices and Financial Volume Evolution
Price EvolutionIbovespa x Ecod3
(100 basis in Jan/09)
Financial Volume Ecod3
(in million reais)
12 M Average – R$28million
BRASIL ECODIESEL S.A. | Results – Market Cap and Shareholding Structure
Number of Shares:
725,248,727
Shareholding Structure(12/31/2009)
Market Cap:(03/22/2010)
R$ 863,045,985.13
Number of shareholders: 28,000
BRASIL ECODIESEL S.A.
P R E S E N T
• IBX
• IGCX
• ITAG
• SMLL
• IVBX2
P E R S P E C T I V E S
• IBOVESPA
• IBRX50
• Carbon Efficient Index
| The Company – Index and ETF
Participation in the main index/ETF:
BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Results – 2009 and 4Q09
Perspectives
Strategy
BRASIL ECODIESEL S.A. | Perspectives for the Brazilian Biodiesel Sector
Perspectives
Metropolitan B20
B20 until 2015
Diesel cars
International Biodiesel Market
UBRABIOinitiative
100% increase in the current biodiesel demand (2.5 billion liters)
Proposition already approved by a Senate
Commission
Aggressive goals in Europe are a future
opportunity for Brazilian producers
BRASIL ECODIESEL S.A.
NBomePhone: 55 21 2546-5031
www.brasilecodiesel.com.br
Investor Relations
BRASIL ECODIESEL S.A.