deltafina s.p.a. universal leaf europe - coresta … and proprietary. not to be distributed without...
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Confidential and proprietary. Not to be distributed without Universal approval.
Deltafina S.p.A.
Universal Leaf Europe
CORESTA
Agro/Phyto (AP01) Meeting
Brufa di Torgiano, Italy October, 14 2013
2013
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Confidential and proprietary. Not to be distributed without Universal approval.
Deltafina S.p.A. Universal Leaf Europe
CORESTA
Agro/Phyto (AP01) Meeting
Brufa di Torgiano, Italy
October, 14 2013
2013
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Confidential and proprietary. Not to be distributed without Universal approval.
Universal in Europe
ITALY
HQ of Deltafina (Sales, Operations, Admin & Finance) • Italian Tobaccos processing in Assisi (FCV; BSO) and Francolise (BLY) • Spanish operations and other EU origins tobacco trade
HQ of ‘European coordination’
ULT Poland (FCV, BU and DAC)
ULT Hungary (FCV and BU)
Deli-HTL – The Netherlands (Filler Sheet Operation in Eindhoven)
DHT-Germany (Cigar Homogenized Wrapper and Binder Operation)
Rome Head Office
2013
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European Tobacco General Information
2013
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0
10.000
20.000
30.000
40.000
Italy Spain Poland Croatia Bulgari
a
France Greece Hungar
y
Germa
ny
Romani
a
Switzerl
and
TOTAL
2013 Crop size 32.000 28.000 21.000 10.260 8.000 7.000 6.800 6.500 5.000 800 250 125.610
European Production: FCV 2013E
2013
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0
6.000
12.000
18.000
Italy Poland France Hungary Spain Croatia Bulgaria Switzerland
Romania
TOTAL
2013 Crop size 17.000 11.000 3.800 2.800 2.500 1.550 1.500 950 550 41.650
European Production: BURLEY 2013E
2013
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European Production: DAC 2013E
2013
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European Production: DFC 2013E
2013
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0
5.000
10.000
15.000
20.000
25.000
30.000
35.000
40.000
45.000
50.000
55.000
Italy Poland Spain France Croati
a
Bulgar
ia
Hunga
ry
Greec
e
Germa
ny
Roma
nia
Switze
rland
Andor
ra
Belgiu
m
TOTAL
2013 Crop size 53.600 33.700 32.700 10.950 11.810 9.500 8.650 6.880 5.300 1.350 1.200 250 120 176.010
European Production: TOTAL 2013E
2013
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ITALY
2013
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Virginia (FCV) Burley (LAC) Dark Air Cured (DAC) Kentucky (KTK)
FCV LAC
FCV LAC
FCV KTK
KTK DAC
LAC/KTK/DAC
FCV LAC KTK
Assisi
Rome* Francolise
Italy - Growing Areas
2013
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Italy – Crop Calendar
Seed Beds
Transplanting
Harvesting
Buying
Processing
May Jun Jul DecAcitivity
Jan Feb Mar
FCV Aug Sep Oct NovApr
Seed Beds
Transplanting
Harvesting
Buying
Processing
Acitivity BURLEY Jan Feb Mar Apr May Jun Jul DecAug Sep Oct Nov
2013
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Italy - Green Tobacco Sector
Farmers • Total number of farmers – 3,200 around
• 3 National Farmers’ Unions
• 8 Regional Producers’ Groups
Processors/Tobacco Contractors • PMI
• Deltafina
• TTI
• CTV
• MST
• Some smaller operators (South)
Regulatory / Control Organisations • Ministry of Agriculture
• AGEA (Agency for Agriculture Payments & Controls)
2013
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0
10.000
20.000
30.000
40.000
50.000
2011 2012 exp. 2013
FCV 43.327 29.270 32.000
Burlay 18.300 17.240 17.000
DAC 4.800 2.050 1.600
DFC 3.000 3.000 3.000
TOTAL 69.427 51.560 53.600
Italy - Crop Volumes Evolution 2011 -2013E
2013
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0
300
600
900
1.200
1.500
1.800
2.100
FCV 615 527 530
Burley 1.825 1.718 1.680
DAC 1.166 630 550
DFC 297 294 290
TOTAL 3.903 3.169 3.050
Crop 2011 Crop 2012 Crop 2013
Italy - Number of Growers Crop 2011-2013
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“Assisi" factory operates since 1982
Indoor area 32,000 sqm
Average hourly throughput 11,000 kg/h
Multi-sep technology has been installed
Wide use of electronics to facilitate plant management
Devices to remove NTRM along the line
Main variety processed: Flue Cured
ISO 9001 and 14001 certified
«Assisi» Factory
2013
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“Francolise" factory operates since 1971
Indoor area 24,000 sqm Average hourly throughput 8,500 kg/h
First plant in Europe to have installed
Multi-sep technology
Located in the middle of Burley production area and close to the main southern Italy ports
Devices to remove NTRM and systems
specially designed for strings eradication
Main variety processed: Burley ISO 9001 and 14001 certified
«Francolise» Factory
2013
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«BSO» Plant
The blending facility was established in 1995
The plant covers 6,600 sqm of
processing area
Synergies with stemmery personnel
Latest technology is utilized for blending and casing
Wide use of electronics to assure exact ratios during blending process
2013
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SPAIN
2013
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Spain - Growing Areas
2013
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Spain – Crop Calendar
Seed Beds
Transplanting
Harvesting
Buying
Processing
AcitivityJan Feb Mar
FCV Aug Sep Oct NovApr May Jun Jul Dec
Seed Beds
Transplanting
Harvesting
Buying
Processing
Sep Oct Nov DecAcitivity BURLEY
Jan Feb Mar Apr May Jun Jul Aug
2013
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Spain - Green Tobacco Sector
Farmers • Total number of farmers – 2,100 around
• 2 National Farmers’ Unions
• 5 Regional Producers’ Groups
Processors/tobacco contractors • Cetarsa
• Deltafina
Regulatory / control organisations • Ministry of Agriculture
• Junta de Extremadura (Regional government organization)
2013
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0
5.000
10.000
15.000
20.000
25.000
30.000
35.000
2011 2012 exp. 2013
FCV (MT green) 28.628 27.300 28.000
BLY (MT green) 4.780 4.830 4.700
Total 33.408 32.130 32.700
Gre
en
Me
tric
To
ns
Spain - Crop Volumes Evolution 2011 -2013E
2013
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0
300
600
900
1,200
Crop 2011 Crop 2012 Crop 2013
FCV 1,210 1,133 1,100
Burley 1,080 952 950
TOTAL 2,290 2,085 2,050
Spain - Number of Growers Crop 2011-2013E
2013
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HUNGARY
2013
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Hungary - Growing Areas
* Nyíregyháza FCV LAC
FCV
LAC
FCV LAC
LAC
Virginia (FCV) Burley (LAC)
* Budapest
2013
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Hungary – Crop Calendar
Seed Beds
Transplanting
Harvesting
Buying
Processing
AcitivityJan Feb Mar
FCV Aug Sep DecOct NovApr May Jun Jul
Seed Beds
Transplanting
Harvesting
Buying
Processing
Aug Sep Oct NovAcitivity BURLEY
Jan Feb Mar Apr May Jun Jul Dec
2013
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Hungary - Green Tobacco Sector
Farmers • Total number of farmers – 1100 around
• 1 Hungarian Tobacco Farmers’ Association
• 1 Producers’ Groups (for ULT Hungary)
Processors/tobacco contractors • ULT Hungary Pte. Ltd.
• Dofer Pte. Ltd.
Regulatory / control organisations • Ministry of Agriculture
• ARDA (Agency for Rural Development & Agriculture)
2013
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Hungary - Crop Volumes Evolution 2011 -2013E
2013
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0
300
600
900
Crop 2011 Crop 2012 Crop 2013E
FCV 393 393 390
Burley 708 708 700
TOTAL 1,101 1,101 1,090
Hungary - Number of Growers Crops 2011-2013E
2013
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ULT Hungary Factory NYREGYAZA
• Site area
105,000 sqm
• Storage area 25,000 sqm
• Processing area 6,200 sqm
• Yearly processing 8,300 tons
• Average hourly throughput 9,400 kg/h
• Varieties processed
FC – Burley
2013
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POLAND
2013
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Poland - Growing Areas
2013
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Poland – Crop Calendar
Seed Beds
Transplanting
Harvesting
Buying
Processing
AcitivityJan Feb Mar
FCV Aug Sep Oct NovApr May Jun Jul Dec
Seed Beds
Transplanting
Harvesting
Buying
Processing
Sep Oct Nov DecAcitivity BURLEY
Jan Feb Mar Apr May Jun Jul Aug
2013
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Poland - Green Tobacco Sector
Farmers • Total number of farmers – 14,000 around
• 3 National farmer unions
• 9 Regional tobacco growers association
• 11 Tobacco Producer Groups
Processors/tobacco contractors • ULTP
• PM Poland
• FTK
• Luxor
Regulatory / control organisations • Ministry of Agriculture
• Agricultural Market Agency (HQ in Warsaw + 16 Regional Offices)
• Agency for the Restructuring and Modernisation of Agriculture
• Agricultural Comission of the Polish Parliament
2013
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0
5.000
10.000
15.000
20.000
25.000
2011 2012 exp. 2013
FCV 20.800 21.000 21.000
Burlay 10.300 11.000 11.000
DAC(M.Skr) 2.000 1.700 1.700
TOTAL 33.100 33.700 33.700
Gre
en
Me
tric
To
ns
Poland - Crop Volumes Evolution 2011 -2013E
2013
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0
1,500
3,000
4,500
6,000
7,500
9,000
Crop 2011 Crop 2012 Crop 2013
FCV 8,330 8,330 8,330
Burley 4,599 4,550 4,550
DAC (M. Skr) 852 800 800
TOTAL 13,781 13,680 13,680
Poland - Number of Growers Crops 2011-2013E
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• Site area 66,000 sqm
• Storage area 11,000 sqm
• Processing area 6,200 sqm
• Yearly production 12,000 tons
• Average hourly throughput 6,500 kg/h
• Varieties processed
FC - Burley – Dark Air Cured
ULT Poland Factory JEDRZEJOW 20
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Confidential and proprietary. Not to be distributed without Universal approval.
The Complete Tobacco Cycle ….
2013
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VIRGINIA BRIGHT
2013
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2013
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BURLEY
2013
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Grazie e
Arrivederci!
Thank You &
Goodbye !
2013
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