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Green Fuel Corporación, S.A.
Company Presentation
Mr. Jacinto Monge, COO GFC
Mr. Antonio Alvear, Board Member GFB
2nd “Biofuels Market in Southeastern
Europe” Conference
Sofia, Bulgaria
October 23, 2007
Organized by Economedia & Dnevnik
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Green Fuel Presentation – Leading the Vanguard
Green Fuel Corporación currently comprises 6 companies in Spain, and
various international subsidiaries. GF Extremadura will be producing
biodiesel in 2008, followed by GF Andalucía and GF Aragón in 2009.
Green Fuel Corporación
Green Fuel
Andalucía
Green Fuel
Aragón
Green Fuel
Castilla y
León
Green Fuel
Castilla
La Mancha
Green Fuel Green Fuel
Cataluña Extremadura
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Green Fuel Presentation – Leading the Vanguard
Green Fuel Internacional currently comprises 3 companies in Portugal,
Argentina and Bulgaria. Subsidiaries in Chile, Greece and Romania are in
the process of being established.
Green Fuel Corporación
Green Fuel Internacional
Green
Fuel
Argentina
Green
Fuel
Bulgaria
Green
Fuel
Portugal
Green
Fuel
Chile
Green
Fuel
Romania
Green
Fuel
Philippines
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Green Fuel Presentation – Leading the Vanguard
A global leadership strategy based on:
Vertical
Integration –
Internalizing
Raw Material
Production
Partners
incl. World’s
Leading
Multinationals
& Locals
(GLOCAL
APPROACH)
Multi-input
Technology
& Uniform
Plant Size
(110,000 tn/yr)
International
Projection
&
Global
Industry
Leadership
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Green Fuel Presentation – Leading the Vanguard
Sales (in mill. €): 20,580
Strategic Shareholders include:
EBITDA (in mill. €): 7,139
Employees: 26,758
Sector: Electricity
Sales (in mill. €): 4.7
Sales (in mill. €): 1,235
EBITDA (in mill. €): 0.6
EBITDA (in mill. €): 64
Employees: 67
Employees: 3,004
Sector: Management
of farms & livestock
Sector: Engineering
Privados
Sales (in mill. €): 120
INERCO
EBITDA (in mill. €): 15
Sales (in mill. €): 13.5
Employees: 650
EBITDA (in mill. €): 2.0
Sector: Engineering
Employees: 100
Sector: Engineering
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Green Fuel Presentation – Leading the Vanguard
With the following projects in the short/medium term:
Country - City - Province - Plant
Type
Spain - Los Santos de Maimona,
Extremadura - Biodiesel
Spain - Los Barrios, Andalusia Biodiesel
Spain - Andorra, Aragon - Biodiesel
Spain - La Robla, Castile and Leon Biodiesel
Spain - Castile La Mancha Biodiesel
Spain - Catalonia - Biodiesel
Bulgaria - Pleven - Biodiesel
Bulgaria - Pleven - Crusher
Argentina - Rosario - Biodiesel
Argentina - Rosario - Crusher
Portugal - N.A. - Biodiesel
TOTAL
State
Planned
Inauguration
Output
Capacity ('000 Investment
tn p.a.)
(in mill. €)
Under Construction
Sept. 2008
110
23.5
Pending Authorization
June 2009
110
25.5
Pending Authorization
June 2009
110
24.0
Pending Authorization
Pending Submittal for
Authorization
Pending Submittal for
Authorization
Pending Final
Shareholder Structure
Pending Final
Shareholder Structure
Pending Final
Shareholder Structure
Pending Final
Shareholder Structure
Pending Final
Shareholder Structure
Nov. 2009
110
24.0
2010
110
25.0
2010
110
25.0
May 2010
110
25.0
Apr. 2009
320
18.0
July 2010
200
36.0
Jan. 2009
3,000
105.0
Mar. 2010
110
25.0
356.0
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Green Fuel Presentation – Leading the Vanguard
And in the medium/long term:
Country
Romania
Chile
Uruguay
Philippines
Brazil
USA
TOTAL
Plant Type
Crusher & Biodiesel
Crusher & Biodiesel
Crusher & Biodiesel
Crusher & Biodiesel
Crusher & Biodiesel
Acquisition Biodiesel Producers
Investment
(in mill. €)
45.0
45.0
45.0
60.0
140.0
50.0
385.0
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Green Fuel Presentation – Leading the Vanguard
Strategic Agricultural
Partner in Spanish
Projects
Strategic Grain Supply
Partner in Argentinean
Projects
AGRO DANUBIO
Strategic Agricultural
Partner in Bulgarian
Projects
Agreement with regional associations of
GEA converting them into partners in each
of the projects, supplying raw materials for
the plants.
Agreement covering the production of the
necessary vegetable oil for the biodiesel
plants in Argentina and Spain.
Agreement covering the cultivation of grain
and the necessary vegetable oil for the
biodiesel plants in Bulgaria and Spain.
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Green Fuel in Eastern Europe – Leading the Vanguard
Green Fuel Corporación has eyed Eastern Europe, especially Bulgaria
and Romania, in its expansion strategy due to:
MOLDOVA
UKRAINE
1. EU Membership and
the benefits it entails
(legal security,
subsidies, free
trade…)
2. Vast agricultural
potential
3. Danube River
4. Geographic location
5. Well-trained
workforce
TURKEY
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Green Fuel Romania
Green Fuel Corporación is currently studying potential local partners in
the agriculture, vegetable oil extraction and fuel distribution sectors.
Ukraine
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Green Fuel Bulgaria
Green Fuel Bulgaria, headquartered in Sofia, is evaluating, in
collaboration with the national, and regional Administration, local
farmers and our partner Tepro, alternative sites ideally suited for our
biorefinery in the region of Pleven.
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Green Fuel Bulgaria
Green Fuel Bulgaria will invest approx. 50 mill. € in the construction of
an oilseed extraction plant and a biodiesel plant, using raw materials
produced in the country:
Oilseed
Crusher
&
Vegetable
Oil
Extraction /
Refining
Biodiesel
Plant
Annual Capacity (tn input): 320,000
Annual Capacity (tn input): 110,000
Raw Materials (seeds): Rape, Sunflower
Raw Materials: Vegetable Oil
Jobs Created during Construction Phase: approx. 250
Jobs Created during Operating Phase: 75 direct, some 600 indirect
(agriculture, services, logistics)
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Green Fuel – Global Leader in Biodiesel
Green Fuel relies on experienced partners, leaders in their respective
fields:
Publ.
Administ.
Fuel Distributors
Oilseed Crushers & Vegetable Oil Refiners
Farmers, Farming Cooperatives, Agri Businesses
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Green Fuel Bulgaria
THANK YOU FOR YOUR ATTENTION!
For Further Information See Our Webpage: www.greenfuel.es
or contact:
International Corporate Development Director: MARTIN SUPANCIC,
Tel. Spain: +(34) 902 200 356
Mobile Tel. Spain: +(34) 670 350 297, [email protected]
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