EMC — Interim / Quarterly Report 2017

Nov 29, 2017

EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

FM 35859 ISO 9001:2000 EMS 56042 ISO 14001:2004 OHS 92679 OHSAS 18001:1999

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CODE： 1735 (since 2002)

Evermore Chemical

- Past、Present，and Future

Charles Huang GM 2017.11.29 全方位客戶解決方案 TOTAL SOLUTION 2013 version 1

Contents

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

• Company Profile

• Products and Application

• Core Technology

• Future

• Ending

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EMC Group

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、
PU CLA
日勝化工股份有限公司 Taiwan
UV
EVERMORE CHEMICALINDSUTRY CO., LTD. (1989)
monomer/oligomer
東莞寶建高分子材料有限公司 China
PU
Pou Chien Chemical CO., LTD . (2005)
肯美特材料科技股份有限公司 Taiwan
UV Curing Resin
CHEM-MAT TECHNOLOGIES CO., LTD. (2007)
上海博帝貿易有限公司 China
Trading
TOPCO(SHANGHAI) CO., LTD . (2005)
克哲國際貿易有限公司 Taiwan
Trading
GIANT STAR TRADING CO., LTD. (2009)
Thailand
Trading
(2017)
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Basic Information Company Founded：Mar. 1989 Chairman：HO, WEN-CHIEH General Manager：HUANG, CHNG-TZE Capital：NTD 994 Million Headquartor：Nantou Taiwan Product：PU、CLA、UV monomer/oligomer

EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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Financial Highlights

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Consolidated statement of comprehensive income：KNT$

Account name	Jan. to Sep. 2017	Jan. to Sep. 2016	2016
Operating revenue	2,424,236	2,143,852	3,007,333
Operating cost	2,096,292	1,734,964	2,457,551
Gross profit	327,944	408,888	549,782
%	13.5%	19.1%	18.3%
Operating expenses	260,474	272,395	370,999
Operating income	67,470	136,493	178,783
Non-operating income and expenses	(5,075)	(40,274)	(62,713)
Profit before tax	62,395	96,219	116,070
Profit	36,829	59,303	73,232
Basic EPS(NTD$)	0.37	0.60	0.74

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Financial Highlights

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

	Consolidated Balance Sheet ：	Consolidated Balance Sheet ：		KNT$
	Account name	2017.09.30	2016.12.31	2016.09.30
	Current assets	1,995,520	1,918,639	1,949,976
	Non-current assets	1,019,595	906,991	850,598
	Total assets	3,015,115	2,825,630	2,800,574
	Current liabilities	1,447,182	1,321,263	1,311,663
	Non-current liabilities	174,932	73,860	81,467
	Total equity	1,393,001	1,430,507	1,407,444
	Total liabilities and equity	3,015,115	2,825,630	2,800,574

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Location in Asia

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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TOPCO Shanghai, China

Major footwear materials production

POU CHIEN Dong Guan, China

Sales Office Bangkok, Thailand

Technical Service Center Ho Chih Ming City, Vietnam

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CHINA Shanghai
EVERMORE (HQ)
Nantou, Taiwan
Dong Guan
TAIWAN
THAILAND CHEM-MAT
Bangkok Nantou, Taiwan
VIETNAM
Ho Chi Ming
GIANT STAR
Taichung, Taiwan
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Location in Taiwan

克哲國際貿易有限公司 GIANT STAR TRADING CO., LTD.

日勝化工股份有限公司

• EVERMORE CHEMICALINDSUTRY CO., LTD.

肯美特材料科技股份有限公司 CHEM-MAT TECHNOLOGIES CO., LTD.

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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Core Strategy

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UV
CLA
Coating
Additive
Coating
Lamination
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塗料特化與架橋劑 (Coating，Special Chemicals & CLA)

Business : Coating、Adhesive… Products : CLA、UV、Oligomer、 Monomer… (EMC，CMT，TOPCO，Giant Star)

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PU

PUS / TPU / CPU PURHM PUD / KIRIN

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生活及運動產業 (Sport & Life Style)

Customer : Brands、T1、T2、post treatment

Business : Shoes、Apparel、Equipment Products : PU … (EMC，BRT)

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Core Products/Application

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

Polyester Polyol

PU Resin PU System TPU Applied on Crosslinking Agent

UV Curing Resin

Synthetic Leather

Split Leather Fabric & Textile Coating & Ink Footwear Optical Film Flexible Packaging Other Industry

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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PU Resin

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Synthetic Leather and Textile Coating/Lamination

• One Component Type

• Two Component Type

• Coagulated Type

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PU Resin

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

Footwear Adhesive Ink Carrier

• Aliphatic type

• Aromatic type

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PHOTO from internet，all rights belongs to adidas 全方位客戶解決方案 TOTAL SOLUTION

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PU Resin & Polyol

EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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Polyurethane Dispersions

� Aliphatic type

� Aromatic type

Reactive Hot Melt

� Lamination type

• Top Coat type

Polyester Polyol

• Adipic acid & other acids

• All kind of glycols

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全方位客戶解決方案 TOTAL SOLUTION

PU System

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

Microcellular PU Foam for Footwear

• Outsole System

• Midsole System

• Insole System

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PHOTO from internet，all rights belongs to the brands 全方位客戶解決方案 TOTAL SOLUTION

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

Nike Air Jordan

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PHOTO from internet，all rights belongs to NIKE

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adidas Climacool

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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PU Systems	PU usage (kg)	Pairs	Model
803-9A/BYE	198,930	1.3 million	Climacool Seduction midsole
407-1A/-2BYE	145,100	1.55 million	Climacool Sockliner
803A/BYE	313,278	0.7 million	Sole unit (PU midsole + rubber outsole)
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全方位客戶解決方案 TOTAL SOLUTION

TPU

EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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• Injection Grade

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• Extrusion Grade

• Calendar Grade

• Film Grades (high & low temp.)

• Special Grade (super abrasion TPU)

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Crosslinking Agent

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

Polyisocyanate Series

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• Aromatic Type

• Trimer

• Adduct (low free monomer)

• Aliphatic Type

• Trimer

• Biuret

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Crosslinking Agent & Adhsive

EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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For Flexible Food Packaging

• Low Temperature Type

• Medium Temperature Type

• High Temperature Type

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PHOTO from internet，all rights belongs to brands 全方位客戶解決方案 TOTAL SOLUTION

UV Curable Resin

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

Acrylic Monomers

• Monofunctional monomer

• Difunctional monomer

• Trifunctional monomer

• Multifunctional monomer

• Toluene Free monomer

Oligomers

• Urethane Acrylic Oligomer

• Ester Acrylic Oligomer

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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CHEM-MAT

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• UV Curing Resin

• Industrial Adhesives

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TOPCO & Giant Star

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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• Distributer for Evonik Coating Additives

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

Our Customers

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PHOTO from internet，all rights belongs to each company
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Supply Chain in Footwear

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

T 1

T 2 T 3

Chemicals Supply

TSRC、Formosa、 USI、DuPont、 DOW、Mitsui、 EXXON、LG、 UBE、Lanxess、

� Upper � Leather、Textile � Soles � Rubber、Plastic、PU Brands 運動鞋 � Component � TPU、Slab foam� � Others � Adhesive、Coating� BASF、、AKC� T 2 a Solution V.I. T 1 + T 2 T 2 b + T 3 Integration Innovation T 2 c�

BASF、、AKC�

T 2.5 Concept

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

Green Lamination in Sport Supply Chain

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Post PU PU
Brands OEM
Treatment TPU TPU
Molding Resin
Post
Dying &
Brands OEM Trader Treat Texstile
Finishing
ment
(Trading) (Coating、Lamination)
(Development)
Fabrics
Binder PUR ， PUHM ， 2KPU�
Film KIRIN ， TPU ， PU�
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Core Technology (2017 ~Q3)

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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Leather、
CLA for
Film
textile PU
Wood
UV related coating Resin Packaging GREEN PU
Lamination
Industrial
� UV adhesive � PUS
Monomer “WET” Sport � TPU
& Oligomer Apparel
(Evermore) PU � PE
� UV Coating � KIRIN
(CMT) Optical � CPU
Acrylic & “DRY” Sport
Film � RM
UV PU shoe
Coating
aditives A & E Sport
Equipment
Raw
Process
Material
Evaluation
Analysis
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What’s the FUTURE�

EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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FUTURE in …	Our Plan
Trends	• Green & Function
Product Type	• From Materials to semi-component (Film)
Market Area	• From China、Taiwan toSE Asia
Application	• From Consumer toAuto、Electronic、 Construction
Productivity Enhacement	• TPU，KIRINTEX，Polyester polyol，UV， Reactive Hotmelt…
Technology	• 2K Solventless PU • Non-yellowing CLA • Nano-Dispersion…
Organization…	People…
Outside Resources	• 1 + 1�2

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Future in Industries

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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AUTO、
Electronic、
Construction
奈米分
散技術
PUS /
TPU / CPU
CLA / PURHM
TEGO
UV & PUD /
KIRIN
特化
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塗料與特化 (Coating & Special Chemicals)

生活及運動產業: S&LS (Sport & Life Style)

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

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Future in Area

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South
East Asia
奈米分
散技術
PUS /
TPU / CPU
CLA / PURHM
TEGO
UV & PUD /
KIRIN
特化
Taiwan China
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Ending & Beginning

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EVERMORE CHEMICAL GROUP POU CHIEN CHEMICAL

樸 Simplicity 實 Truthfulness 剛 Firmness 毅 Perserervance

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