东联化学召开2018股东常会

　　东联化学6月8日召开2018年度股东常会，承认通过2017年度决算表册；受惠於乙二醇（EG）获利持续改善，以及林园、扬州两厂全能生产，全年营收与利润皆大幅成长，2017年两岸合并营业收入为新台币（以下同）289亿元，较前一年度增加48%，营业净利为35亿元，营业净利率12%，可归属东联税後净利为17.5亿元，每股税後盈余（EPS）为2.01元。会中并通过盈余分配案，每股配发现金股利1.75元。

　　2018年第一季全球景气维持稳定乐观，下游聚酯产业需求热络，乙二醇（EG）获利稳健成长。东联2018年第一季合并营业收入为79亿元，较2017年同期增加11%，可归属东联税後净利为5.9亿元，每股税後盈余（EPS）为0.69元，较去年同期成长28%。今年以来，乙烯供需趋缓，全球乙二醇新增产能有限，大陆市场进口量仍维持大幅成长，加上下游聚酯产业景气回温，需求转强，东联今年度的营收与获利可望再创佳绩。

　　东联将於林园厂新建废水回收系统，回收全厂70% 放流水再利用，以达成保护环境水资源的目标。节能减碳方面，规划废气回收再利用系统（ERU），回收废气中之乙烯及90%之二氧化碳，并投资改善锅炉排放设备，除可节省能源外，预估可进一步减少二氧化碳年排放量约12万公吨。东联持续致力於改善制程设计、投资能源效率改善及废弃物回收的设备，落实工业生产与环境保护之平衡发展。

　　为稳定供电来源，2018年起於林园厂兴建汽电工厂确保80%电力自给率，并投资乙烯岸边原料储罐，增加原料来源以降低生产成本。另一方面，藉由积极开发下游环氧乙烷（EO）衍生物产品，全力发展高端环保绿色材料，强化研发的技术开发能力及产品附加价值，转型成为一个以特用化学为主轴，多角化经营的化学材料制造公司，达成永续经营的企业愿景。

Revenue Growth Improvement Turnaround Operating Income
SC Materials Development Optimized Innovative Transformation

The 2018 general shareholders meeting of the company (stock code: 1710) was held today, in which the 2017 business report and financial statement were addressed. The 2017 revenue and profit of the company grew tremendously owing to the constant improvement of EG profit and the full output capacity of both Linyuan and Yangzhou plants. The consolidated revenue of cross-strait in 2017 totaled NTD28.9 billion, an increase of 48% compared to 2016, net operating income NTD3.5 billion, of operating income rate 12%, with attributable net profit after tax NTD1.75 billion, of EPS NTD2.01. The distribution proposal of cash dividend NTD1.75 per share was approved in the meeting.

On account of the prosperous demand of downstream polyester which was sustained by the equable and positive global economy, EG profit growth in Q1/2018 thus maintained. The company’s consolidated revenue of Q1/2018 achieved NTD7.9 billion, an increase of 11% compared to Q1/2017, with attributable net profit after tax NTD0.59 billion, of EPS NTD0.69, an increase of 28% compared to Q1/2017. The 2018 revenue and profit are expected to be recreated based on the slowing down ethylene supply & demand, the finite global EG new capacity, and China’s growing demand on EG import, along with the increasing demand of the reviving market of downstream polyester.

To fulfill the goal in water resources conservation, the company is to install the wastewater recovery system in Linyuan, aiming to recover 70% of the effluents for reuse. And, the energy recovery unit (ERU) will be completed to recover the remained ethylene from exhaust and the 90% of CO2, in terms of energy conservation and carbon reduction, while the boiler discharge equipment enhancement will further reduce an estimated of 120,000 tons of CO2 emissions per year. The company’s ceaseless efforts in the improvement of manufacturing processes, energy efficiency, and waste recycling equipment are to assure of the implementation of the balanced development in industrial production and environmental conservation.

Moreover, to secure the power supply sources, the company is planning on the establishment of a cogeneration system this year to ensure 80% self-sufficiency of its power demand. The company also invests in the coastal ethylene storage tanks to increase raw material sources for the sake of production cost down. Meanwhile, by way of active development in downstream EO derivatives, high-end green materials pursuing, and the strengthening in R&D technology and products’ added value, the company continues its transformation into a diversified chemical manufacturing company to accomplish its ultimate corporate perspective in sustainable development.＃