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AAK Annual Report 2015

Business Area Technical Products & Feed Our Technical Products & Feed business area offers fatty acids and glycerine for various applications and proteins and fats for animal feed. The business area, which is AAK’s smallest, had a slightly challenging year. This was mainly due to a planned but more extensive maintenance stop than normal in the third quarter. However, the business area finished the year with a strong fourth quarter. carbon dioxide emissions are significantly lower. Within farming, dairy cattle can benefit from vegetable-based feed that has excellent nutritional properties. The market is primarily in Northern Europe. The business area Technical Products & Feed is an excellent example of the role that vegetable oils play with respect to the environment and health. Candles are one example – made from renewable fatty acids rather than paraffin, their Technical Products & Feed (SEK million) 2011* 2012* 2013* 2014* 2015 Volumes, thousand tonnes 271 261 267 268 263 Net sales 1,549 1,496 1,439 1,324 1,243 Operating profit 92 81 85 89 88 Operating profit per kilo, SEK 0.34 0.31 0.32 0.33 0.33 *2011, 2012, 2013 and 2014 adjusted for Binol divestment. Operating profit (6% of Group total) (SEK million) 100 80 60 40 20 0 85 * * 2013 * * 81 2012 92 2011 88 2015 89 2014 Operating profit per kilo (SEK) 0.40 0.30 0.20 0.10 0.00 0.32 * * 2013 * * 0.31 2012 0.34 2011 0.33 2015 0.33 2014 Volumes (14% of Group total) (Thousand tonnes) 267 261 268 * * * * 300 250 200 150 100 50 0 2013 2012 271 2011 263 2015 2014 18


AAK Annual Report 2015
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