东联化学召开2019年股东常会

　　东联化学6月11日召开2019年度股东常会，承认通过2018年度决算表册。受惠於2018年Q1～Q3市场热络，以及林园、扬州两厂全能生产，2018年合并营业收入为新台币（以下同）321亿元，较前一年度增加11%，创历年新高，营业净利为33.0亿元，营业净利率10%，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。

　　今年Q1营运，因主要产品乙二醇（MEG）售价较去年同期大幅下跌，压缩获利空间。2019年Q1合并营业收入为66亿元，较2016年同期减少16%，可归属东联税後净利为1.9亿元，每股税後盈余（EPS）为0.22元。展望今年，因东北亚轻裂厂并未有检修计画，乙烯价格可望持稳，下游需求稳定，销量预期有所成长，东联对於今年度的营运，抱持着审慎乐观的看法。

　　东联2019年於两岸乙二醇（EG）工厂持续提高生产负载，合计规划生产80.5万吨乙二醇（EG），较2018年成长8%，并致力於降低单位制造成本；另有效拓展乙醇胺（EA）/乙二醇丁醚（EB）销售，提升市占率，积极开拓电子级醇胺产品销售，开发碳酸乙烯酯（EC）在锂电池及其他的应用；且加强开发两岸高雄林园工业区及扬州仪征化工园区管线气体业务，另努力增加液体销售通路，并重点拓展电子级、食品级、医疗级液体二氧化碳（CO2）销售。

　　东联持续提升能源效率，注重绿色生产，拟投资自主发电系统及改善锅炉排放设备，除节能外，每年可减少二氧化碳排放量12万吨。此外，积极开发各种高值化环氧乙烷衍生物（EOD）产品，应用於聚氨酯（PU）材料、光学涂料、电子制程用助剂、纺织助剂、土木建筑、医疗、化妆品等领域，以降低产业结构的冲击；另配合客户多样化需求，持续开发聚醚多元醇，提供世界顶尖产品，加速创新转型为生产功能性、更接近终端、以客户为导向的特用材料化学公司，以达成永续经营之企业愿景。＃

OUCC 2019 Shareholders’ Meeting

The 2019 general shareholders meeting of the company (TWSE stock code: 1710) was held today, in which the 2018 business report and financial statement were addressed. With full capacity in production of both plants in Linyuan, Taiwan and Yangzhou, China due to the prosperous market demand of Q1-Q3/2018, the consolidated revenue in 2018 reached its record high at NTD32.1 billion, an increase of 11% comparing to the previous year; net operating income NTD3.3 billion, of operating income rate 10%, and the net income attributable to the company NTD1.75 billion, of EPS NTD2.01. The distribution proposal of cash dividend NTD1.75 per share was approved in the meeting.

In view of the Q1/2019 operation, the slash in the selling price of main product MEG, comparing to the same time last year, squeezed the profit thereof. The consolidated revenue in Q1/2019 totaled NTD6.6 billion, a decrease of 16% comparing to the same time last year, and the net income attributable to the company NTD0.19 billion, EPS NTD0.22. In 2019, however, with no scheduled shutdowns for the naphtha crackers in Northeastern Asia, the ethylene price is expected to be stable, and the sales volume is to increase with aid of a steady downstream demand. The company’s outlook this year is yet expected to still be bright.

The overall EG production loading this year shall remain high in Linyuan and Yangzhou, production volume is planned at 805 thousand MT, of 8% increase in growth, along with the persistent efforts in unit production cost down; also, the company keeps marketing ethanolamines (EA), ethylene glycol monobutyl ether (EB) to enlarge the market share, as well as promoting EA of electronic-grade, and developing the applications of ethylene carbonate (EC) to lithium batteries and other industries; moreover, to increase its liquefied gas marketing channels, and advance its sales in electronic-, food-, and medical-grade carbon dioxide, the company will enhance relentlessly its pipeline gas business in both Linyuan and Yangzhou Industrial Parks.

Further, with focus on green production, the company continues to elevate its energy efficiency and plans to install a cogeneration unit and the boiler emission improvement equipment to reduce CO2 emission 120,000 MT annually, and engaged also proactively in the development of various high value-added EO derivatives to be used in polyurethane products, optical coating, electronics process auxiliaries, textile auxiliaries, construction and architecture, medical therapy, cosmetics, to reduce the cyclic impacts of the industries. In addition, to meet the diverse demands of the customers, the company continues its polyol development so to offer the cutting-edge products, expediting its transformation into a specialty chemical company producing functional, closer to end-users, and customer-oriented products, in hopes of achieving the mission in corporate sustainability.#