Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

UPC Investor Presentation 2018

Nov 13, 2018

51771_rns_2018-11-13_41d66d74-e2bb-4efe-858a-f9e601492513.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

==> picture [667 x 50] intentionally omitted <==

==> picture [46 x 50] intentionally omitted <==

聯成法人說明會 2018年11月13日

==> picture [184 x 115] intentionally omitted <==

==> picture [210 x 118] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

CONTENT

==> picture [57 x 50] intentionally omitted <==

1. 公司介紹

2. 未來展望

3. 經營績效

4. Q & A

==> picture [91 x 66] intentionally omitted <==

2

2018 聯成法人說明會

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

1. 公司介紹

==> picture [479 x 32] intentionally omitted <==

==> picture [57 x 50] intentionally omitted <==

  • 成立時間：1976年8月

  • 董事長：苗豐強

  • 總經理：柯衣紹

  • 2017年合併營業額：新台幣 506億元

  • 員工總人數： 約2000人

  • 1989年台灣證券交易所股票上市 (代號: 1313)

市場涵蓋臺灣、中國大陸、東南亞、東北亞、 南亞、美加、中東及紐澳地區 全球範圍服務超過10,000 個客戶

==> picture [124 x 16] intentionally omitted <==

3 3 3

==> picture [45 x 49] intentionally omitted <==

聯成在亞洲地區的佈局

==> picture [694 x 481] intentionally omitted <==

----- Start of picture text -----

大陸江蘇鎮江廠 大陸遼寧盤錦廠
大陸江蘇泰州廠
臺北公司
大陸四川南充廠
Taiwan
China
大陸廣東中山廠 臺灣高雄林園廠
香港華成
大陸廣東珠海廠 馬來西亞關丹廠
Malaysia
製造/物流中心
----- End of picture text -----

4 4

==> picture [45 x 49] intentionally omitted <==

核 心 事 業 Core Chemicals

苯酐 (PA)

  • 馬林酐 (MA)

  • 富馬酸 (FA)

  • 一般增塑劑

(General Plasticizer)

  • 鄰苯二甲酸二異辛酯 (DEHP)

  • 鄰苯二甲酸二正辛酯 (DNOP)

  • 鄰苯二甲酸二異壬酯 (DINP)

  • 鄰苯二甲酸二異癸酯 (DIDP)

  • 鄰苯二甲酸二丙基庚酯 (DPHP)

  • 鄰苯二甲酸二丁酯 (DBP)

  • 鄰苯二甲酸二異丁酯 (DIBP)

  • 對苯二甲酸二異辛酯 (DOTP)

  • 偏苯三甲酸三異辛酯 (TOTM)

  • 偏苯三甲酸三正辛酯 (TNOTM)

  • 己二酸二異辛酯 (DOA)

聚氯乙烯粉 (PVC)

產品及服務範疇

特 化 事 業 Specialty Chemicals

  • 特殊增塑劑

(Specialty Plasticizer)

  • 氫化酜酸酯增塑劑 (UN899)

  • 己二酸聚酯增塑劑 (UN600系列)

  • 己二酸酯增塑劑 (DINA, DIDA)

  • 苯甲酸酯增塑劑 (DEGDB)

  • 馬林酸酯增塑劑 (DOM, DBM)

  • 富馬酸酯增塑劑 (DOF)

  • 混合增塑劑 (Mixed)

  • 生質增塑劑

  • 環氧增塑劑 (ESO)

  • 生質琥珀酸增塑劑 (UN9429)

  • 癸二酸酯增塑劑 (DOS, DBS)

  • 檸檬酸酯增塑劑 (ATBC)

  • 不飽和聚酯樹脂 (UPR)

  • 聚酯多元醇 (Polyester Polyol)

  • 脂肪酸酯 (Fatty Ester)

  • 特殊酯類潤滑油(Lubricant Ester)

物流與服務事業 Logistics Service

  • 散裝化學品碼頭裝卸

  • 普通與危險化學品 貨物道路運輸

  • 化學品儲槽儲存

  • 各類貨物倉庫儲存

  • 桶袋裝化學品灌裝服務

  • 代理報關

  • 貿易銷售

  • 建廠工程

  • 能源服務

==> picture [177 x 117] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

5 5

原料 聯成產品 下游應用

==> picture [49 x 53] intentionally omitted <==

主要產品上下游供應鏈

==> picture [680 x 466] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

6

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

全球最大苯酐及增塑劑產品供應商

==> picture [57 x 50] intentionally omitted <==

==> picture [581 x 355] intentionally omitted <==

----- Start of picture text -----

單位:萬噸/年
Global #1
63%
2018年底產品總產能 : 341萬噸/年
215
• 增塑劑產能 : 215萬噸/年
• 苯酐產能 : 60萬噸
Global #1
18%
13%
60
45
3% 3%
12 9
PLASTICIZER PA PVC UPR.POLYOL MA.FA
----- End of picture text -----

==> picture [91 x 66] intentionally omitted <==

註：1. Plasticizer的產能是以生產DEHP為基礎之設算產能

  1. Plasticizer與PA的產能計算包含PA與DINP之部分自用產能

==> picture [125 x 22] intentionally omitted <==

7

==> picture [667 x 50] intentionally omitted <==

==> picture [46 x 50] intentionally omitted <==

2. 未來展望

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

2018年- 產品總產能341萬噸 2019年- 擴建完工後，總產能將達368萬噸

==> picture [57 x 50] intentionally omitted <==

單位: 萬噸/年

==> picture [397 x 185] intentionally omitted <==

----- Start of picture text -----

2018年底產能 2019年擴產完成
增塑劑+ 12萬噸/年
PVC + 15萬噸/年
----- End of picture text -----

==> picture [91 x 66] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

9

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

PVC 未來展望

==> picture [57 x 50] intentionally omitted <==

2017年中國PVC進料VCM來源

==> picture [443 x 301] intentionally omitted <==

----- Start of picture text -----

天然氣法
乙烯法VCM 1% 氯鹼廠整合
11% 自製電石生
產VCM
57%
買VCM生產PVC
6%
買電石製VCM
25%
PVC總產能約 2300萬噸
----- End of picture text -----

==> picture [91 x 66] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

資料來源：IHS / 聯成公司整理(2018/11)

10

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

PVC 未來展望

==> picture [57 x 50] intentionally omitted <==

  • 全球PVC需求持續成長，新增產能不足，HIS報告PVC供應 將持續趨緊。

  • 全球PVC的需求量以每年5.3%的趨勢持續成長，亞洲及中 國成長約每年6.3%

  • 中國PVC需求量約1770 萬噸。中國電石法 PVC 產能持續 加速淘汰，因為高能耗、高汙染，中國法規嚴格限制。

  • 聯成將持續在中國擴建 PVC 產能及規劃逆向垂直整合，增 加長期競爭優勢。

==> picture [91 x 66] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

11

==> picture [594 x 456] intentionally omitted <==

----- Start of picture text -----

增塑劑未來展望
2017全球增塑劑
消耗分布
----- End of picture text -----

全球總和：約855萬噸/年

==> picture [57 x 50] intentionally omitted <==

==> picture [91 x 66] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

資料來源：聯成公司整理(2018/11)

12

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

增塑劑未來展望

  • 全球PVC需求持續成長，帶動增塑劑需求持續增加。

==> picture [57 x 50] intentionally omitted <==

  • 全球增塑劑的需求量以每年3%的趨勢持續成長。其中，亞洲及中國 。

  • 成長約每年5%

  • 2017 全中國市場需求 460萬噸，約佔全球市場 54%(2017)，過去 。

  • 五年成長率 6.3%

  • 鄰苯系增塑劑需求降低(占目前增塑劑市場約65%)。 同時，非鄰苯系增塑劑需求增加：

  • UN899

  • 生質增塑劑 (ESBO/EFAME…等)

  • • 高分子增塑劑…等

  • 非鄰苯系增塑劑需求量以每年5.8%的趨勢增加。

  • 聯成持續研發非鄰苯系增塑劑及擴充非鄰苯系增塑劑產能，開拓市 場，持續領導市場。

==> picture [91 x 66] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

14

3. 經 營 績 效

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

2013年~2018 Q3 聯成集團合併營收

==> picture [57 x 50] intentionally omitted <==

==> picture [648 x 425] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

15

==> picture [49 x 53] intentionally omitted <==

==> picture [57 x 50] intentionally omitted <==

2013年~2018 Q3 聯成集團產銷量

==> picture [671 x 433] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

16

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

2018年前三季產品銷售額占比

==> picture [57 x 50] intentionally omitted <==

==> picture [643 x 404] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

17

==> picture [49 x 53] intentionally omitted <==

==> picture [41 x 36] intentionally omitted <==

2013年~2018 Q3 稅後純益及EPS

==> picture [57 x 50] intentionally omitted <==

==> picture [672 x 410] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

18

==> picture [49 x 53] intentionally omitted <==

2013年~ 2018年資本支出

==> picture [662 x 434] intentionally omitted <==

==> picture [125 x 22] intentionally omitted <==

19

==> picture [66 x 74] intentionally omitted <==

==> picture [387 x 37] intentionally omitted <==

www.upc.com.tw

謝謝

==> picture [99 x 540] intentionally omitted <==

More from UPC

Regulatory Filings 2026
May 20
Regulatory Filings 2026
May 20
Interim / Quarterly Report 2026
May 14
Regulatory Filings 2026
May 14
Interim / Quarterly Report 2026
May 13
Interim / Quarterly Report 2026
May 13
Interim / Quarterly Report 2026
May 13
Regulatory Filings 2026
May 13
Regulatory Filings 2026
May 13
Regulatory Filings 2026
May 8
View all filings →