33
The Overview of UV Curable Industry
Nick Pan, Director of Specialty Material Division
1 Introduction
2 UV Curable Technology
Outline
3
4
Company Profile
History
Core Technology
Main Product
Global Sites
Global Revenue
Financial Feature
International Certificate
1 Introduction
Introduction - Company Profile
5
Core Business： Electronic and Chemical materials manufacturing,
processing and sales
Founding： in 1964 , Headquarters in Kaohsiung, Taiwan
Number of Production Sites： 24
Number of Employees：4,772
Overall Sales Revenue in 2018：NTD 43,300 million
Headcounts of Researchers：557 (R&D expenditures accounted
for 3% of sales revenue)
Eternal is:
• One of the leading suppliers of Dry film photoresist in the world.
• One of three largest UV curable Monomers & Oligomers material suppliers.
• One of the leading suppliers of synthetic resin in Asian.
p.s. 1.Number of Employees on December 31,20182.refer to year 2018 Consolidated statement
Introduction - History
6
1964 1985 1989 2000 2004 2008 2018+
Introduction - Core Technology
Resin
PCB
UV
IC
LCD
New Materials
7
Core
Technology
Precision
Processing
Chemical
Formulation
Functional
Resin Synthesis
Quality
Resins Materials53%
Alkyd Resin、Solvent-Based Acrylic Coating
Water-Based Acrylic Coating Resin、Acrylic Resin For Adhesives and Overprinting
Polyester Polyol Resin、Fluorocarbon Resin、Polyurethane Resin、Saturated Polyester Resin、Amino Resin、Optoelectronic Materials、Other Coatings Resin、Unsaturated Polyester Resin、Vinyl Ester Resin、Fire Retardant Resin、Epoxy System、Structural Adhesive、Polyester for Polyurethane Foam
Dry Film Photoresist、Dry Film Solder Mask
UV INK、Dry Film Photosensitive Polyimide、
Liquid Polyimide Material、Prism Film、
Anisotropic Conductive Film、
Protective Film、
Vacuum Laminator、Toll Coating Service、
Paper Phenolic Copper Clad Laminate、
Composite Epoxy Copper Clad Laminate
Electronic Materials30%
UV Monomers、UV Oligomers、Special Coatings、silicone powder、Additives、3D UV printing Material、
High Performance Materials 16%
Others 1%
Introduction - Main Product
8
Consolidated Revenue
NTD 43,300 million
in 2018
9
• Chengdu(1) • Chong qing (2)
SouthwestChina (3)
Thailand (2)
North China(2)
• Tianijn
• Bangkok
USA(1)
• Virginia
NortheastChina(1)
• Yingkou
9
Japan (3)
• Tokyo (2)• Aichi(1)
East China (5)
Global Service Network : 35◆ Taiwan : 4 ◆ China : 19◆ USA : 1 ◆ Japan : 3◆ Thailand : 2 ◆ Korea : 1◆ Indonesia : 1 ◆ India : 1◆ Vietnam : 1 ◆ Malaysia : 1◆ Italy ：1
India (1)
• Mumbai
Korea (1)
Taiwan (4)Indonesia(1)
Vietnam (1)
SouthChina (6)
Central China (2)
• Changsha• Wuhan
• Shanghai(1)• Qingdao(1)• Kunshan (1)• Suzhou(2)
• Guangzhou (5)• Xiamen(1)
Malaysia(1 )
• Johor Bahru
• HCMC
• Simatupang kav.
• Kaohsiung(2)• Chungli(1) • Taichung(1)
• Suwon
Italy (1)
• Milan
Introduction - Global Service Network
10
Global Production Sites :24
•Taiwan ： 3
•China ： 14
•Thailand ： 1
•USA ： 1
•Japan ： 3
•Malaysia ： 1
•Italy ： 1
• Chengdu• Chongqing
SouthwestChina (2)
North China (1)
• Tianjin
Thailand (1)
• Bangkok
USA (1)
• Virginia
NortheastChina (1)
• Yingkou
10P.S. “Changzhou plant” under construction
East China (6)
• Kunshan (1)• Changshu(2) • Suzhou (2) • Changzhou (1)Malaysia (1)
• Bahru
SouthChina (4)
• Zhuhai (2)• Guangzhou (2)
• Ogaki
• Kodama
• Aichi
Japan (3)
• Lu-Chu Plant• Ping-Nan Plant• Ta-Fa Plant
Taiwan (3)
Italy (1)
• Milan
Introduction - Global Production Sites
11
Kaohsiung
Research & Development
Center
Suzhou
Mainland Chain R&D Center
BeijingTianijn
Changshu
Guangzhou
Zhuhai
Kunshan
Ta-Fa Plant
1. Taiwan－Research & Development Center2. China－ Mainland China R&D Center 3. China－Beijing laboratory4. The laboratory of plant (*8)
Chengdu
Introduction - R&D Sites
Introduction - R&D Human Resources Statistics
12
Global R&D Manpower 557
Ph.D. 88 (16%)
Master 187 (34%)
College/Bachelor 262 (47%)
Other 20 ( 3%)
Accounted for 11% of global manpower
R&D Manpower of
Taiwan Area (437)
R&D Manpower of China
Area & Other (120)
Ph.D.
78
Master
149
College
195
Ph.D.
10Other
5
Other
15
Master
38
College
67
Introduction - R&D Expenditure
0
200
400
600
800
1,000
1,200
1,400
1,600
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
583631 647
755
602
925
1,018
1,2301,227
1,344
1,420 1,4001,313 1,293
百萬
NTD：million
13P.S. 2018 research and development funds account for 3% o f turnover
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
20142015
20162017
2018
NTD：million
China Taiwan Other
38,68038,48740,343
Introduction - Global Revenue
14
43,30041,551
Introduction - Financial Feature
15
NTD：million
YEAR 2015 2016 2017 2018
Operating Revenue 38,487 38,680 41,551 43,300
Net Operating Margin 8,747 8,582 7,438 7,280
Operating Expense 5,349 5,453 5,577 5,467
Operating Profit 3,397 3,130 1,862 1,813
Net Profit 2,873 2,606 1,864 1,492
Earnings Per Share 2.60 2.27 1.54 1.25
Introduction - International Certificate
16
ISO 9001 ISO 14001 OHSAS 18001
ISO 50001 PAS 2050 ISO 14064
17
Feature
Related Industries
Product Categories
Applications
Eternal Capacity
Future Development
2 UV Curable Technology
UV Curable Technology - Feature
18
Energy
PerformanceGreen
UV Curable
Materials
Efficient Economical
UV Curable Technology - Related Industries
19
Petrochem
(Meth) Acrylic Acid
Glycol
Epoxy Resin
Isocyanate
Others
UV Curable Materials
UV Monomer
UV Oligomer
Photoinitiator
Additives
Others
UV Curable Application
Ink
Coating
Adhesive
Forming
Photoresist Material
Others
(Synthetic /Crosslinker)
UV Curable Technology - Product Categories
20
• Offset, flexo, gravure, screen, inkjetInk
• 3C, 5G, VM, PVC, nail polishPlastic coating
• Solvent-free spray, matting, non-BPA, weather resistanceWood coating
• UV PSA, UVHM PSA, electronic, optoelectronicAdhesive
•Wood, plastic, monocoatUV water borne
Oligomer
• Acrylic resin, emulsion, textile, water treatment, SAPSynthetic monomer
& crosslinker
• Low migration, synthetic resin, adhesive High purity monomer
• 3D, Lens Bulk
• BEF, Lens High RI
• Automotive decorationDual cure
UV Curable Technology - Ink
21
Printing /Packaging
Printing Decorating Film
Digital printing
Mobile Shell Photo
ScreenWallpaper/
Tile
Acrylic/Glass
UV Curable Technology – Printing
22
PET Hologram
UV Curable Technology - Coating
23
Cosmetic /Appliance
Cosmetic Appliance
Flooring /Furniture
Automotive
Flooring Furniture
Interior Car lamp
Touch Panel /Mobile
UV Curable Technology - Electronics
24
PCB / LCD
Dry Film Photoresist Material Optical Film (BEF Material ; POL Adhesive)
Touch Panel (OCA) Mobile Phone (Hard coating ;
Transfer Adhesive
UV Curable Technology - Adhesive
Didn't damage surface
No residue after stripping
25
PEELABLE MASK
Protection for anodizing metal Protection for laser marking
UV Curable Technology - Adhesive
26
Adhesive for Different Substrate
LCD GLASS
METAL PIN UV PIN ADHESIVE
UV Curable Technology - Adhesive
27
Coater
UV Hotmelt PSA/ UV PSA
Mixer
UV lamp
Coating
UV curing
Wind-up
UV Curable Technology - Others
28
3D Printing /Lens
3D Printing Len
UV Curable Technology - Capacity of Eternal
29
Year 2018UV Materials (Capacity: 80,000 Mt/year)
UV Coating (Capacity: 7,000 Mt/year)
ZhuhaiLuchu, Taiwan
Suzhou
UV Curable Technology - Eternal Sales
-
10,000
20,000
30,000
40,000
50,000
60,000
20142015
20162017
2018
45,030 45,306
57,491 59,052 57,547 Quantity : MT
Eternal Sales
30
China,
67.5%
ASEAN,
16.6%
Europe,
6.7%
America,
9.3%
UV Curable Technology - Eternal Market Share
31
Sales Area Market Share
P.S. Year 2018
0%
10%
20%
30%
40%
China ASEAN America Europe
China,
32.9%
ASEAN,
9.1% America,
4.1%Europe,
2.9%
UV Curable Technology - Future Development
32
Improving & Optimizing
To increase 8,000Mt capacity
in Q4 2019
New capacity in Malaysia
Novel Market &Application Development
LED Curable, EB Curable
3D Printing, UV Inject
Coating for back shell of 5G mobile
Automotive Interior Decoration
Expanding the Export Sales
North America, South Asia
India, Middle East
Latin America
Green, High Value ProductWaterborne UV Materials,
UV Hotmelt PSA
Adhesive for Electronics,
Solvent-free spray
High Solid Content Coating
UV PSA
33
Thank you !
Q & A
Company：578, Jiangong Rd., Sanmin Dist.,Kaohsiung City 807, TaiwanTEL：+886-7-383-8181FAX：+886-7-383-3355E-mail：[email protected]
