Facts & Figures 2011

Key Figures

Supply of industrial process water

58.1 million m3/year

Supply of ultrapure water

34.6 million m3/year

Total capacity waste water treatment

3.5 million m3/year

Capacity of mobile RO plants

900 m3/hr

Number of DBFO/BOT operations

11

Number of plants

48

Some of the major European river delta’s are concentrated in the Benelux and northern Germany. The accessibility for deep-sea operations, its proxim-ity to industrial hotspots in downstream chemical industries, automotive industries, pharmaceutical industry and others as well as the close range availability of human resources in some of the most densely populated areas of Europe have led to the emergence of vast industrial parks. Evides Industry Water is the major water supplier and operator of water treatment facilities in Rhine, Scheldt and Elbe oriented chemical parks such as Rotterdam, Vlissingen, Terneuzen, Antwerp and Hamburg. Our services to the chemical industry are based on long-term BOT (Build Operate Transfer) contracts. We are a subsidiary of Evides Holding, the drinking water company that produces chlorine-free, healthy and very tasty drinking water from river water in the south-west of the Netherlands. Having almost 140 years of experi-ence in water treatment we are used to apply a multitude of technologies to produce a vast range of water qualities, from industrial process water to ultrapure demineralised water. As a true full-cycle water company we own and operate major industrial and municipal waste water treatment plants. And being where we are – hav-ing to cope with a shortage of fresh water and saline intrusion of our on-shore sources – we have come to appreciate the need to reuse fresh (waste) water sources as a must-have rather than a nice-to-have.All this can only be achieved by applying a multitude of technologies. To that effect we cooperate with universities in The Netherlands, Belgium and China to further develop water treatment concepts. We are inspired by the challenging demands of the chemical industry with respect to their water demand. To us reliability, safety and cost efficiency are the leading drivers to remain a leading partner-in-water to the chemical industry.

Evides Industry WaterFull-service solutions for the (petro)chemical and food industry

32

Key Businesses

Process Water• Supplyoflow-gradeprocesswaterbymeansof

common water grid (commodity contracts)• Supplyofhigh-gradetreatedprocesswaterbymeansof

common water grid (commodity contracts) • Supplyofhigh-gradeprocesswaterbymeansof

custom-designed and operated treatment plant (DBFO contracts)

Waste water treatment• Treatmentofindustrialwastewater(industrialparks)• Treatmentofmunicipalwastewater

Water Reuse• Reuseofindustrialef fluent

for production of high-grade industrial process water

• Reuseofmunicipalef fluent for production of high-grade industrial process water

Global Presence

The NetherlandsRotterdam (office)Rotterdam Port Area(several locations)TerneuzenVlissingenAmsterdam Airport

ChinaBeijing (office)

BelgiumAntwerpen

Germany Wuppertal (office)Stade

Revenue 2011(by business)

1,3%

€ 1,4m3,8%

€ 4,0m

32,1%

€ 33,4m

62,8%

€ 65,5m

others*

*Other revenues consist of a.o. rent of mobile RO plants, consultancy,

engineering.

4 5

2011 has been dominated by the start-up of the water treatment facilities at BASF in Antwerp (Belgium) as of January 1. As a

contribution to a greener world, BASF has been seeking ways to diminish its dependency on ground water. Additionally, BASF has investigated means to alternative financing of an expansion of its demineralised water capacity due to the growth of its integrated Verbund site at Antwerp. Evides was able to give BASF access to fresh river water by means of a 100 km connection to vast holding lagoons in the Meuse river. Evides was also able to offer the most competitive offer. Its proven track record with the design, construction and operation of complex water treatment facilities (similar facilities at Dow Chemical, Shell, DuPont and Yara) served as suitable reference to BASF. Finally, Evides was willing to finance this scheme. As a consequence, Evides will be supplying to BASF 6,5 Mm3 annually plus 2,8 Mm3 of demin water until the year 2026. Commissioning in late 2010 went smoothly and resulted in an on-time start-up within the allocated budget. All our other process water facilities contributed succesfully to the excellent result of Evides in 2011. Especially the new facility of DWP (serving three refineries and 16 chemical companies in the Rotterdam petro-chemical in-dustry) has seen its portfolio develop progessively to almost 83% occupancy. In September 2011 we have been able to put its pre-treatment plant into operation, thereby enabling to switch from drinking water to the nearby lake of Brielse Meer as primary source. This switch will enable a further increase in profitability of the operation of DWP. The implementation of asset management procedures have enabled Evides to apply for the PAS55 Asset Management certificate, which was awarded in November 2011. We expect that risk-based maintenance in com-bination with new investments and operator training will add to our profile of reliability and competitiveness. We trust this will enable us to grow our portfolio of projects and water supplies to the chemical industries in focus areas in The Netherlands, Belgium, Germany and China.

Process Water2011 Revenue

€ 65,5 million

76

Demin Water Plant Botlek Rotterdam, Netherlands

Dow BeneluxTerneuzen, Netherlands

Start of operation

2001

Start of operation

2010

Pre treatment plant in

2011

Demineralised water for the port-industrial complex of RotterdamTaking care of total water management

Products Cooling water, demin water, ultrapure waterSources Treated industrial waste water, treated domestic

waste water, condensate, surface water (river Meuse) and rain water

Max. capacity Cooling water: 650 m3/hr Demin water: 750 m3/hr Ultrapure water: 1,050 m3/hrTechnology Sand filtration, IX, RORedundancy N-2

Products Ultrapure demin water for a large number of (petro) chemical companies

Source Surface water (back up: drinking water)Industries connected to the demin water pipeline: 18Max. capacity 1,400 m3/hrTechnology DAFF-VRO-RO-IX (MB)Redundancy N-1

Recreated PMS

8 9

BASF Antwerp, Belgium

Air Liquide/Pergen Rotterdam, Netherlands

Start of operation

2008

Start of operation

2011

Proceswater and demineralised water for BASF AntwerpDemineralised water for the biggest refinery of Europe at Shell Netherlands Refinery

Product Ultrapure demin water Sources Industry water (drinking water quality) Max. capacity 1,055 m3/hrTechnology IXRedundancy N-1

Products Process water and ultrapure demin water (TOC <50,2 µg/l)

Source Pre treated surface water (river Meuse)Max. capacity Process water plant: 2,000 m3/hr Demin water plant: 550 m3/hr Ultrapure water: 1,050 m3/hrTechnology Process water plant: sand filtration Demin water plant: IX-RORedundancy N-1

1110

Dow Deutschland Werk Stade Hamburg, Germany

YaraSluiskil, Netherlands

Start of operation

2009

Start of operation

2003

Production of demin water from Elbe waterUltrapure demin water (TOC < 100 ppb)

Product Demin water Sources Ground water, river water, condensates Max. capacity 250 m3/hrTechnology IX (ultra-low TOC < 100 ppb)Redundancy N-1

Products Demin water and process waterSource Surface water (river Elbe)Max. capacity Process water plant: 200 m3/hr Demin water plant: 800 m3/hrTechnology Process water plant:

coagulation – flocculation – filtration Demin water plant: IX

Redundancy N-1

1312

LambWeston Meijer Kruiningen, Netherlands

DuPont de Nemours Dordrecht, Netherlands

Start of operation

1997

Start of operation

1997

Tailor made process water for the food industryProduction of demin water from surface water

Product Ultrapure demin water Source Industry water (drinking water quality) Max. capacity 220 m3/hrTechnology UF-RO-IX (MB)Redundancy N-1

Product High quality process water for potato industrySource Pre-treated surface water (river Meuse) Max. capacity 250 m3/hrTechnology Coagulation – filtration – desinfection (UV-light)

1514

Waste Water Treatment2011 Revenue

€ 4,0 million*

Evides is a full cycle water company. We treat municipal waste water in custom-designed plants for the municipality of The Hague.

We also own and operate the waste water treatment plant of Schiphol Amsterdam International Airport. In the industrial parks of Vlissingen and Delfzijl we own and operate waste water treatment plants that treat complex, chemical waste water streams to discharge quality. In both instances we discharge to surface waters that are designated nature reserves, hence demanding operational excellence by Evides in order to guarantee 24/7 compliance. 2011 has seen no change in our waste water treatment portfolio. However, we expect to see new contracts in 2012 with at least one operational con-tract of an industrial waste water treatment facility.

* excluding Delfluent, Delfluent Services (two water treatment plants The Hague) and the WWTP Delfzijl

16 17

WWTP SchipholAmsterdam international Airport, Netherlands

WWTP SloeThe Netherlands

Aerobic treatment of waste waterAereobic treatment of industrial waste water

Start of operation

1997

Start of operation

2003

Service Treatment of industrial waste water from Vlissingen harbour area

Number of companies connected: 60Max. capacity 11,000 m3/dayTechnology Aerobic treatment

Service Treatment of waste water from passengers and businesses at Amsterdam International Airport

Max. capacity 4,000 m3/dayTechnology Sedimentation, denitrification, aerobic treatment

18 19

Water Reuse2011 Revenue

€ 1,4 million

Apart from a necessity to treat waste water before discharge to surface water, we consider effluent – the product of waste water treatment –

as a valuable source of process water for the industry. 2011 has seen the commissioning of our biggest reuse scheme to date: the MBR (Membrane BioReactor) in Terneuzen (in the south of the Netherlands) has passed its performance test. This facility treats municipal waste water of the small mu-nicipality of Terneuzen to perfect effluent. This effluent is transported to the major chemical facilities of Dow Chemical 12 km away. The quality is good enough as direct feed onto the RO plant of Evides, that produces 1,5 Mm3 (future capacity: > 2,0 Mm3) of ultrapure water for Dow. We continue to operate an effluent reuse plant at Cargill (Sas van Gent, The Netherlands): this plant produces demin water for steam generation by Cargill. At Dow in Terneuzen (The Netherlands) we use effluent of the non-saline waste water treatment plant for the production of cooling water suppletion water. We participate in extensive pilot plant research at various locations, such as Solvic (Antwerp) and Dow Chemical (Terneuzen). In China we operate an effluent reuse demonstration plant (35 m3/hr), that is being used at coal-to-chemical plants in the arid northern provinces of Shaanxi and Inner Mongolia. Finally, in the Netherlands we participate as a leading partner in the Delft Blue Water consortium that aims to treat effluent of Holland’s biggest municipal waste water treatment plant (Harnaschpolder, near The Hague) to high-value feed water to the biggest greenhouse area of Europe in nearby Westland. All of these schemes aim at becoming full-scale projects in the nearby future. They clearly show our commitment at developing these projects based by integrating technology innovation, design, risk appetite and operational expertise into partnership-DBFO contracts with stakeholders.

Membrane Bio ReactorThe Netherlands

Treatment of domestic wastewater

Start of operation

2010

Service Treatment of domestic waste water to effluent suitable for reuse as a source for the production of demin water

Production 3-4.5 million m3/yearTechnology MBR-RO

20 21

Cargill Benelux Sas van Gent, Netherlands

Reuse of effluent for the production of demin water

Start of operation

1999

Product Demin water Source WWTP effluent Max. capacity 70 m3/hrTechnology DLF-UF-RO (2-pass)

Delft Blue Water Pilot reuse at WWTP Harnaschpolder Delft, Netherlands

Sustainable and cost effective supply of surface water and irrigation water for the greenhouses

Start of research

2010

Objective Research on production of cost effective, reliable water from effluent with innovative technologies

Products Fresh surface water and irrigation water for the greenhouses

Source Municipal waste water Research lines 3Research period 4 years

22 23

Innovation

We are dedicated to develop innovative technological concepts as part of our strategy to create value for our potential and existing clients. To that

effect we are engaged in both fundamental as well as applied research. Extensive pilot plant research serves as study prior to upscaling design and engineering of full-scale plants. Currently all of them are focusing on reuse of waste water. Within the consortium of Delft Blue Water (www.delftbluewater.nl) we strive to develop an efficient and reliable process for production of high-value irrigation water for Europe’s biggest greenhouse area at Westland (south of The Hague). Effluent of our municipal waste water treatment plant Harnaschpolder (capacity: 10,000 m3/hour) serves as primary source. In 2011 contracts have been signed for a multi-year research project as part of the European E4 research program under the auspices of the CEFIC, the European confederation of the chemical industry. At sites in Antwerp (Solvic) and in Terneuzen (Dow Benelux) the reuse of waste, rain and conden-sate streams is being studied using new concepts of existing technologies. In China we have successfully been using our demonstration plant (see picture) at various chemical sites in the arid north of the country. The mush-rooming integrated chemical sites demand an integrated approach to reuse of waste water. In Rotterdam we will be starting a project that aims at treatment of mu-nicipal waste water by using innovative technologies for energy, nutrient and water recovery.

In 2011 we have signed contracts for fundamental research into tech-nological improvements in the industrial water cycle. The most challenging program is the integrated research within the SDRP framework (Sino-Dutch Research Program), funded by Evides. Research groups at University of Delft, Harbin Institute of Technology and PAES (Xian) will be focusing on complex waste waters originating in the chemical industry. The SDRP aims at the fields of low-energy waste water treatment, reuse and zero-liquid discharge. This will lead to opportunities in greenfield projects in China as well as optimisa-tion of existing projects in Europe.

24 25

Performance indicators

0

50

100

150

200

250

300

0

20

40

60

80

100

58,3

273,2 272,2

282,5 299,8 294,7307,7 309,5

58,3

9,6

79,2

130,6

88,277,9

63,2 65,584,5

9,6

22,322,3

19,619,0

31,017,9

28,123,024,0

19,920,322,3

61,161,1

64,164,1

69,074,4

72,870,0

104,1102,3

97,3

82,1

‘05

Revenue

‘06 ‘07 ‘10 ‘11‘08 ‘09

‘05 ‘06 ‘07 ‘10 ‘11‘08 ‘09

‘05 ‘06 ‘07 ‘10 ‘11‘08 ‘09

Normalised*

EBIT

Revenue

EBIT

Normalised* Revenue

Normalised* EBIT

Normalised*

0

20

40

60

80

100

58,3

9,6

22,319,0 17,9

23,019,9 22,3

61,1 64,1

74,472,870,0

82,1‘04NetherlandsDOW Benelux

‘08Netherlands

Air Liquide/Pergen

‘09Netherlands

Yara

‘10NetherlandsDWP Botlek

‘11Belgium

BASF

0

200

400

600

800

1.000

864,7

969,5 978,2 1.017,51.065,5 1.089,5 1.092,3

76,0 93,0 103,5 127,9

212,5241,1 244,9

Evides NV

Evides Industry Water

‘05 ‘06 ‘07 ‘10 ‘11‘08 ‘09

0

50

100

150

200

250

300

0

20

40

60

80

100

58,3

273,2 272,2

282,5 299,8 294,7307,7 309,5

58,3

9,6

79,2

130,6

88,277,9

63,2 65,584,5

9,6

22,322,3

19,619,0

31,017,9

28,123,024,0

19,920,322,3

61,161,1

64,164,1

69,074,4

72,870,0

104,1102,3

97,3

82,1

‘05

Revenue

‘06 ‘07 ‘10 ‘11‘08 ‘09

‘05 ‘06 ‘07 ‘10 ‘11‘08 ‘09

‘05 ‘06 ‘07 ‘10 ‘11‘08 ‘09

Normalised*

EBIT

Revenue

EBIT

Normalised* Revenue

Normalised* EBIT

Normalised*

0

20

40

60

80

100

58,3

9,6

22,319,0 17,9

23,019,9 22,3

61,1 64,1

74,472,870,0

82,1‘04NetherlandsDOW Benelux

‘08Netherlands

Air Liquide/Pergen

‘09Netherlands

Yara

‘10NetherlandsDWP Botlek

‘11Belgium

BASF

36,7

42,747,7

56,2

66,6

83,386,3

‘05 ‘06 ‘07 ‘10 ‘11‘08 ‘09

20

40

60

80

22 24

31 3133

42

48

Number of staff (FTE)

Number of plants

Evides Industry Water Revenue & EBIT (€ million)

Evides NV / Evides Industry Water Assets (€ million)

Evides NVRevenue & EBIT (€ million)

Evides Industry WaterNumber of staff (fte) and plants

* Normalisation excludes income from financial lease results on new DBFO contracts.

Evides Industry WaterNormalised Revenue/EBIT

Normalised* Revenue

Number of plants

0

20

40

60

80

58,3

22

22,319,0 17,9

19,9 22,3

61,1 64,1 74,472,870,0 82,1

9,6 22,3 19,0 22,319,917,9 23,024 31 31 33 42 48

‘05 ‘06 ‘07 ‘10 ‘11‘08 ‘09

Normalised* EBIT

All information or advice in this brochure is pretended to be general in nature and you should not rely on it in connection with the making of any decision. Evides Industriewater B.V. tries to ensure that all information provided as part of this brochure is correct at the time of publication of this brochure but does not guarantee the accuracy of such information. Evides Industriewater B.V. is not liable for any action you may take as a result of relying on such information or advice or for any loss or damage suffered by you as a result of you taking this action.

2726

Evides Industry Water

NetherlandsP.O. Box 44723006 AL ROTTERDAM

www.evides.nl

GermanyPostfach 10142342014 WUPPERTAL

www.evides.de

ChinaFortune Plaza No.7Dongsanhuan Zhong RoadChaoyang DistrictBeijing 100020

www.evides.cn