VION – closing the loop

Paul JansenDirector Public Affairs VION Food Group

Pagina 2

VION Food Group Global Profile

International Food Concern€ 9 billion turn-over27.000 employees

Head OfficeSon en Breugel, The Netherlands

MissionVION wants to be the reliable partner in the food chain, offering its customers and consumers high quality foodstuffs and ingredients of agricultural origin

ObjectiveVION wants to become a leader in (selected) food, ingredients and service market segments

CredoPassion for Better Food

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VION Food Group Core activities

Food Fresh meat Convenience

Ingredients VION companies:

Markets: Netherlands GermanyUnited KingdomWorld market

Markets:FoodFeedPharmaceuticalsEnergyTechnology

Pagina 4

VION products

Fresh Meat

Convenience

Ingredients

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VION, one shareholder, farmers listed

FOOD INGREDIENTS

Pork, beef, poultry, lambConvenience products

€ 8 billion

ZLTO/NCB Ontwikkeling

Executive board

Ingredients (i.e. Fat, Proteine, Gelatine)

€ 1 billion

NL DE UK Int.

Core activities

Supervisory board

Int.

Pagina 6

For animal consumption

Cat. 3

For human consumption

Food grade

For disposal only

(Cat. 1 & 2)

3 categories of animal-by-

products

VION Ingredients

Adds maximum value to various categories of raw materials

Core Values: Reliable Sustainable Improving

Credo: “Improvement by nature”

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Producer of gelatine

Collecting and processingof animal waste and producer of biomass

Producer of animal fats,proteins and minerals

Producer of biofuels andsustainable energy

28 %

36 %

36 %

For animal consumption

Cat. 3

For disposal only

(Cat. 1 & 2)

For human consumption

Food grade

3 categories of animal-by-

products

Pagina 8

Food grade

Hemin (blood) Eye medication

Gelatin Capsules

Formed pills

Blood plasma supplement

PMC Pharma

Pagina 9

3

Food grade

4

2

1

1

2

3

4

Gelatin Liquorice Fats Frying & baking fatBlood products Colouring & binding of

meat productsNatural casings Sausage casings

Gelatin Yoghurt/ desserts

Confectionery

Jellies/ aspics

PMC Food

Pagina 10

Category 3

Category 3: Not forhuman consumption

Applications Feed

Aqua Compound

Petfood Wet Dry

Oleochemical Soap

Fertilizer Dry Liquid

PMC Feed - Tech

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Category 1:For disposal only

Applications Combined Heat and

Power plants (CHPs)

Production of sustainable energy

Cement industry (kilns)

Transport (Biodiesel)Energy (CHPs)

Category 1

PMC Energy

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Clients include bluechip companies worldwide

Pagina 13

Ecoson a new dimension in sustainability

VION Ingredients

24 May 2012

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€ € 25 million investment in 25 million investment in sustainablesustainable energy energy

NEW EXISTING

Pagina 15page 15

Digester

Digester

Water

Energy

DigestateFlotation sludges Rendac

WWT-installation

Own use + Rendac

Back to electricity grid

Capacity:

8,000 MWh thermal energy36,000 MWh electricity

Electricity consumption per average household is ± 3.5 MWh per year (Source: NIBUD)

Raw material Process End products Application

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Refinery & biodiesel

Current capacity:

50.000 MT Refined fat5 million liters Biodiesel

Raw material Process End products Application

Refinery

Biodiesel

installation

Animal fat

Refined fat

Fatty Acids

Biodiesel

Glycerin

CHPs/ steam boilers Rendac

Truck fleet B100/ B20

Digestation

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Development Ecoson – Sustainable Energy

0

5000

10000

15000

20000

25000

30000

35000

40000

45000

2005 2006 2007 2008 2009 2010 2011 2012

MW

h p

er

year

Electricity production

o Key for success: Integration with C1 facilities, permits and subsidy programs.

o Ecoson is in The Netherlands Nr 1 in green electricity production from Biogas.

o Strong growth in production of second generation biofuels and biodiesel, produced from animal fats.

-

10.000

20.000

30.000

40.000

50.000

60.000

2008 2009 2010 2011 2012

To

n p

er y

ear

Biodiesel

Geraffineerd vet

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Manure processing

Preparation Solid fractionManure effluent

Ammonium

Water fraction

Digester Ecoson

Fertilizer

WWT-installation

Raw material Process End products Application

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Development of manure processing

Ecoson decreases costs for farmers for manure disposal

Manure processing

-

10.000

20.000

30.000

40.000

50.000

60.000

2007 2008 2009 2010 2011 2012

Excess manure in the Netherlands High costs Future restriction for pig production

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Electricity

Liq

uid

fractio

n

Effluent

C1 fat

Solids

Electricity

Dig

est

ate

Waste water Waste water

treatment planttreatment plant

Refinery

C1 processing plantC1 processing plant

Unique concept

Residues Gly

ceri

n

Digester

ManureSol

ids

Fat Biodiesel

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Thank you