UPC — Investor Presentation 2021

Nov 24, 2021

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聯 成 化 科 法 人 說 明 會
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2 0 2 1 年1 1 月2 4 日

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02 經 營 績 效 03 Q & A

2021 聯成法人說明會

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–
聯成化科
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公司介紹
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8月
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•
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董事長：苗豐強
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•
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員工總人數：
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人 (
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2021/10/31)
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•
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年：新台幣
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•
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：新台幣
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億元
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•
•
1989
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(
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: 1313)
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可塑劑及苯酐 大中華地區 全球最大供應商 市佔率30%

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八大產銷基地 立足亞洲 放眼國際
全球 >4,000 個客戶
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遼寧盤錦
江蘇鎮江 江蘇泰州
四川南充
台北總部
廣東中山
廣東珠海
香港
高雄林園
泰國曼谷
越南胡志明
馬來西亞 關丹
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3

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2021
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Q1~Q3
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產品與服務營收及銷售區域占比
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各類產品與服務營收占比 全球區域市場銷量占比
日韓
歐洲
大陸
0.7 %
0.1 %
美洲 88.8 %
1.2 %
2021/Q1~Q3
產品與服務 中東及 東南亞 台灣
營收% 非洲 及南亞 3.3 %
0.8 % 4.8 %
紐澳
0.3 %
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2021
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成法人說明會
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2021~2023
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計畫
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集團年度擴建產能統計(單位 : KTPA)
4854
4804
4407
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當年度擴建
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2021
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成法人說明會
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各產品項目擴建產能統計(單位 : KTPA)

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50

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• 可塑劑產能為折合DEHP產能

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、 、
其他 : FA UPR POLYOL
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可塑劑擴建
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2022 年底可塑劑總產能將達 3264 KTPA (折合DEHP產能)

泛用可塑劑 General Plasticizers

特殊可塑劑 Specialty Plasticizers

2021年+ 290 KTPA 2022年+ 326 KTPA 遼寧盤錦 + 290KTPA 2021.Q4

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2021
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成法人說明會
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江蘇泰州 + 145KTPA 2022.4 廣東珠海 + 145KTPA 2022.3 高雄林園 + 36KTPA 2022.3

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6

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酸酐
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、
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擴建計畫
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2022 年 PA 擴建 70 KTPA，總產能將達 730KTPA

2023 年 MA 擴建 50 KTPA，總產能將達 125 KTPA

遼寧盤錦 2022.06 PA + 70 KTPA (副產蒸汽392 KTPA) 2023.01 MA + 50 KTPA (副產蒸汽425 KTPA)

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2021
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成法人說明會
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回收PA/MA製程餘熱副產蒸汽 能效100%利用 節能減碳效益

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 自用供廠內可塑劑 & PVC製程、加熱、 保溫用途  自用TG發電  蒸汽餘裕量外售供 應鄰近石化廠，建 立能資源交換機制

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PVC
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鏈，評估向上
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全球PVC市場需求預期持續成長 2021~2025 年均成長率約4%

KTPA

資料來源 : IHS & 聯成公司整理

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2021
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成法人說明會
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整合發展
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大陸雙碳目標 + 能耗雙控 + 低汞/無汞政策 - - 高耗能 高碳排 高汞觸媒的落後電石法PVC產能逐漸淘汰 有利乙烯法PVC發展

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PVC製程 :
姜鍾法 1%
乙烯法 21%
大陸
PVC總產能
2800萬噸
電石法 78%
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，
乙烯法較電石法PVC
電石法PVC碳排 乙烯法PVC碳排
>>
7.66 t-CO2e/t PVC 2.25 t-CO2e/t PVC 碳排減少5.41 CO2t/t PVC
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– 物流事業 服務量能

提供最即時的全方位物流服務

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盤錦倉儲
泰州倉儲
江蘇物流
四川物流
廣東物流
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儲 槽 及 倉 庫

• 化學品槽罐、球罐，具保稅 罐與海關監管場所功能

• 各類貨物倉庫儲存

• 包裝與灌裝服務

• 全時出入庫裝卸服務

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儲存能力
儲槽容積(M3) 577,770
倉庫面積(M2)
64,773
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貨 物 道 路 運 輸

• 普通、危險品貨物運輸

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• 、
車輛種類：槽車 ISO罐車、
箱式貨車、平板車
數量 總重/核載能力
牽引車頭 102 49MT
尾掛車 130 30MT
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2021 聯成法人說明會2021 聯成法人說明會

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– 物流事業 服務量能

提供最即時的全方位物流服務

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盤錦倉儲
泰州倉儲
江蘇物流
四川物流
廣東物流
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自有碼頭 租用碼頭 液 體 化 工 碼 頭 船舶載重噸位 船舶載重噸位 (DWT) (DWT) 遼寧盤錦 50,000 (2021.12 啟用) 10,000 江蘇泰州 50,000 江蘇鎮江 30,000 廣東中山 5,000 廣東珠海 80,000 規劃中 四川南充 500 X 2

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2021 聯成法人說明會2021 聯成法人說明會

盤錦碼頭將於2021年12月正式啟用

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– 物流事業 服務量能

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• 位於盤錦遼東灣新區，具兩個液體化工 ° °

• ，

• 泊位 東經121 59′，北緯40 44′

• 廣大東北地區交通最便利及最近的港口

• 盤錦港中少數可裝卸多種化工品的對外 營業碼頭

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2021 聯成法人說明會2021 聯成法人說明會

11

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2021 聯成法人說明會 12
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推動綠色生產，力行節能減排，朝淨零目標邁進

• 建構綠色供應鏈

• 開發環保低碳排可塑劑

• 碳捕捉及利用(CCU)

• 發展二氧化碳基化學品

• 研發可生物降解塑膠

• 改善製程技術

• 提升產率、降低能耗

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• 發展再生能源

• 參與馬來西亞能源與自然資 源部光伏淨計量3.0 計畫 (Net Energy Metering (NEM) 3.0

• 落實循環經濟

• 廢熱、廢固液氣價值再造

• 中水、廢水回收再利用

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2021 聯成法人說明會

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持續
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環境友善的綠色環保
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塑
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可塑劑綠色轉型藍圖

植物油基

聚酯型

無苯氫化可塑劑

INA系列環保高碳鏈可塑劑

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傳統
低碳鏈可塑劑
(DEHP, DBP)
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聚酯可塑劑 (UN600/615/620/630/640) 對苯二甲酸酯 (DOTP) 線性可塑劑 (UN200 / UN291 / UN380 / TNOTM) 己二酸酯可塑劑 (DOA / DINA) 偏苯三酸酯可塑劑 (TOTM / TINTM)

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REUSE
REDUCE
落實循環經濟 製程廢棄資源再利用
RECYCLE
廢棄資源 開發應用產品 RECOVERY
富馬酸廠 FA酸渣 二次可塑劑 UN510-D
-
R-Alcohol 次級可塑劑 DOP D / 雜醇熱回收
可塑劑廠
可塑劑cake PVC膠粒
製程餘熱 蒸汽
PA酸水 FA
苯酐廠
順酐廠
、
PA輕沸物 降黏劑、Polyol UPR / 蒸餾殘渣熱回收
煙道氣CO2回收 生物降解Polyol 、可塑劑、塑膠
PTA DOTP 可塑劑
回收
PET 瓶
MEG
UPR
回收料醇解
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2021
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CCU專案規劃 / 二氧化碳捕捉及利用 發展有助於實現碳中和的二氧化碳基化學品

• ，

• 回收PA & MA 廠煙道氣所含CO 減少碳排放 2

• CO 高值化應用，開發二氧化碳基衍生化學品 2

• 推動產學合作，與國內大學共同研發

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碳捕捉，減少碳排 碳利用，賦予新價值 減碳
開發二氧化碳基衍生化學品
PA廠
煙道氣 生物降解可塑劑
CO 回收
2
生物降解多元醇
MA 廠
生物降解塑膠
其它特用化學品
減塑 減少白色汙染
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2021 聯成法人說明會

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PA / MA
餘熱副產蒸汽
轉發電
79%
PA蒸餾殘渣
可塑劑製程
雜醇熱回收 去化熱回收
12% 8%
Add Text
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減碳量
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2e) (噸
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33,246

28,989

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大安森林公園 大安森林公園
一年吸碳量 一年吸碳量
Add Text
棧板回收 太空袋回收
0.1%
1.2%
2020 2021/Q1~Q3
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一
2021 座大安森林公園聯成法人說明會(25.8公頃)每年可吸碳量約384.6MT
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–
水資源管理
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/ 廢水回收再利用
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/廢水回
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PA廠廢水回收再利用

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(噸)
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PA場 廢氣 酸水
回收水槽
洗滌塔 熱處理槽
水洗
粗FA 水洗
FA場 母液 廢水槽
母液槽
過濾機 液
原液
廢酸水
中間水槽
儲槽
可塑劑廠中水回收再利用 冷卻水
補水回用
可塑劑 生化厭 生化耗 MBR 總廢水 排放
製程廢水 氧處理 氧處理 處理 池 汙水廠
FA場補水
回用
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901,849

812,406

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奧林匹克標準泳池
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奧林匹克標準泳池
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2021/Q1~Q3

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2021
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成法人說明會
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2020

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未
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望
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擴張產品範疇 擴充產品規模

結合物流服 向上垂直整 發展環保無毒 擴大市佔，維持 務事業，提 合，展開原 低碳產品，建 苯酐及可塑劑產 供全方位專 料端之投資 構綠色供應鏈 業領導廠商地位 業服務 與合作

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2021
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成法人說明會
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未來展望

秉持「誠、穩健、務實」的企業文化 成為友善環境、與社會共榮的永續標竿企業

綠色生產 再生 循環 能源 經濟 節能減碳

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經 營 績 效
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2
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2021 聯成法人說明會

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2016年~2021/Q3 聯成集團合併營收

單位: 台幣億元

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單位: 台幣億元
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2021 聯成法人說明會

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2021年Q1~Q3 累計總銷售額: 台幣601億元(比去年同期+71%)

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- -
2021/Q1 Q3 各類產品與服務銷售額占比 2021/Q1 Q3 主要產品銷售額比去年同期成長%
+98%
特化 物流服務
酸酐
3% 2%
PVC 9%
16%
可塑劑
70%
+37%
+42%
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2021 聯成法人說明會

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2016年~2021/Q3 稅後純益及EPS

單位: 台幣億元；元/股

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EPS
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24

2021 聯成法人說明會

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(%)
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2016年~2021/Q3 財務比率：償債能力%

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25

2021 聯成法人說明會

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(%)

2016年~2021/Q3 財務比率：財務結構%

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26

2021 聯成法人說明會

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2016年~ 2021/Q3 資本支出

單位: 台幣億元

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2021/Q4
2021/Q1~Q3
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27

2021 聯成法人說明會

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2021 聯成法人說明會

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免責聲明

• 本簡報所提供資訊均基於本公司目前可得知之資訊所推測、評估及規劃，所有訊息包含業務展望 或前瞻性的看法，皆可能因未知風險、不確定因素及其他因素影響而導致改變或發生重大差異。

• 本簡報所提供之資訊不代表本公司、產業狀況或後續重大發展之完整論述。

• 除法令規定者外，本公司不因任何新事件或新資訊的發生而負有更新或修正之義務。

2021 聯成法人說明會

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Commitment to a Better Tomorrow

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2021
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成法人說明會
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