Welcome to AAK Emergency exits Breaks
24th September Break at 15.10 incl speed date at the exhibition End of the seminar at 17.10 Time for evening activities. We meet in the reception at 18.00
25th September The seminar starts at 09.00 Break at 10.00 incl speed date at the exhibition Lunch at 12.15 Break at 14.05 incl time to revisit the exhibition End of the AAK ACADEMY™ at 16.00
2 20-09-2019 The Co-Development Company AAK today
More than 3,700 Talented Employees More than 20 Production and Customization plants 25 Sales offices Sales in 100 countries Global footprint Leading positions
3 20/09/2019 The Co-Development Company Key figures
Facts Three business areas
Established in 2005 Food Ingredients through merger of Aarhus Bakery United A/S & Karlshamns AB Dairy Special Nutrition Headquarters in Foodservice Malmö, Sweden Industrial Employees: Chocolate & Confectionery Fats approx. 3,700 Technical Products & Feed Net sales 2018: approx. SEK 27.5 billion
EBIT 2018: SEK 1,956 million
Shares listed on Nasdaq Stockholm
4 20/09/2019 The Co-Development Company Sustainable growth – fundamental for AAK
The AAK House of Sustainability Key figures
Over the past five* years:
Energy consumption per unit processed material has decreased 13%
Total direct CO2 emissions per unit processed material has decreased 12%
Water consumption per processed material has decreased 8%
The number of women in our women’s groups program (Kolo Nafaso) in West Africa increased by 267%. In 2019, the total amounts to 230,000 women.
*2013–2018
5 20/09/2019 The Co-Development Company Substantial contributions to the Sustainable Development Goals
High contribution Medium contribution Low contribution
20/09/2019 Why are we in the personal care business – the background
How are we in business – the difference
How are we doing in business – the performance
7 20-09-2019 The Co-Development Company Once upon a time…
1980’es: L’Oréal contacts AAK for development and supplies of customized shea butter to be used in select patented dermo-cosmetic applications
1988: Following the successful l’Oréal cooperation, AAK Personal Care is established as a separate business unit
8 20-09-2019 The Co-Development Company Macro trends are in our favour (population growth, middle class growth, climate changes) driving AAK has become a increased demand for sustainable solutions recognised supplier to AAK is on the spot. Developing and marketing high performance, specialty emollients (oils, butters, the cosmetics industry waxes, esters – mainly used in skincare applications) based on natural and renewable sources
Supplying an estimated total of ~4.000 customers w.w.
Prestige Masstige Mass
9 20-09-2019 The Co-Development Company Why are we in business – the background
How are we in business – the difference
How are we doing in business – the performance
10 20-09-2019 The Co-Development Company ‘High performance’ means The best of nature - refined by science
Selecting natural sources with features that are attractive to the cosmetics industry
Applying sophisticated, yet sustainable, processing technologies to meet the high quality and performance standards of the cosmetics industry
Developing solutions that are functional, sustainable, and marketable
11 20-09-2019 The Co-Development Company Evening primrose Rapeseed
Selecting the Gold of pleasure Sunflower
best of nature Mango Cottonseed Almond Palm Coconut . Functionality Cocoa 1 Shea Illipe Fatty acid composition Soybean Presence of minor lipid components Documented cosmetic benefits Consistent supply quality and oxidation stability
12 20-09-2019 The Co-Development Company Evening primrose Rapeseed
Selecting the Gold of pleasure Sunflower
best of nature Mango Cottonseed Almond Palm Coconut . Sustainability Cocoa 2 Shea Illipe Sourcing sustainably Soybean Developing sustainably Processing sustainably Securing environmental, social and financial impact
13 20-09-2019 The Co-Development Company Evening primrose Rapeseed
Selecting the Gold of pleasure Sunflower
best of nature Mango Cottonseed Almond Palm Coconut . Marketability Cocoa 3 Shea Illipe Storytelling (functionality and sustainability) Soybean Trends and consumer awareness
14 20-09-2019 The Co-Development Company Rapeseed and Shea - our favourite lipid sources for skin care
One growing in the north, the other in the wild in West Africa - both renewable and with functional benefits
Rapeseed oil rich in tocopherols and phytosterols contributing to photo-protection, skin soothing and with moisturizing properties. Shea butter with functional triterpenes providing anti- inflammatory activity as well as anti-aging and barrier function enhancing properties.
15 20-09-2019 The Co-Development Company Responsible sourcing is key to our customers when using natural ingredients. Our direct souring program in West Africa is recognised by the industry and has been driving award winning ingredient launches. Empowering Women, Improving Livelihoods, Securing the Shea supplies for the future
Launched 2009 in Burkina Faso and expanded into Ghana 234,000 women and growing +350 jobs generated locally Based on Fair Trade principles Recognised with the Sustainability Pioneer Award in 2017 Collaborating closely with the Global Shea Alliance
16 20-09-2019 The Co-Development Company Crushing/ Technology is the key extraction to cosmetic fit Winterization Filtration
Our unique value-adding processing allows us AAK lipid to offer a range of sustainable ingredients processing toolbox Bioactives Emollients Fractionation Hydrogenation Structuring agents Inter- Surfactants and emulsifiers esterification
Optimised for functionality, stability, safety and texture
17 20-09-2019 The Co-Development Company Technology is the key to cosmetic fit
Unfolding the potential of natural oils for new applications and benefits
For appealing and functional consumer products with extended shelf life Ease of use when formulating sustainable products with high performance and innovative textures
18 20-09-2019 The Co-Development Company Shea Innovations – designed using AAK technology
19 20-09-2019 The Co-Development Company Why are we in business – the background
How are we in business – the difference
How are we doing in business – the performance
20 20-09-2019 The Co-Development Company Global team dedicated Personal Care to the cosmetics industry Business Unit
On a MISSION to drive industry change towards natural ingredients through science, innovation, inspiration and education Customer Product Business Innovation & Account & With a to be recognised as Technology VISION Development & Technical Distribution & Innovation a world leading supplier of safe, natural and Marketing Support Management renewable, high performance emollients
21 20-09-2019 The Co-Development Company Building natural lipid expertise in the industry
Educating formulators in natural lipid technology, crystallisation, stability and formulation through the AAK Academy
With our team of lipid experts, we stand ready to support, guide and troubleshoot
We inspire with new formulations to showcase trends in sustainable innovation
22 20-09-2019 The Co-Development Company Enabling customers to deliver performance without compromise
WE constantly explore and embrace new technologies to develop innovative solutions enabling… OUR CUSTOMERS to explore new opportunities when formulating with naturals.
WE are renowned for our unparalleled experience and expertise in lipid technology enabling… OUR CUSTOMERS to develop specialist formulation skills and secure a superior sensorial and functional experience of the final consumer application as well as inspire with new formulations to showcase trends in sustainable innovation
WE excel at producing value-adding natural solutions for the cosmetic industry enabling… OUR CUSTOMERS to excel at formulating sustainably without compromising on product performance and aesthetics.
23 20-09-2019 The Co-Development Company Thank you!